Insights
Insights
legal updates
10 / 05 / 23
On 28 April 2023, the European Union introduced a new sanctions regime against Moldova concerning, as the EU claims, “restrictive measures in view of actions destabilising the Republic of Moldova.”
legal updates
05 / 05 / 23
Amendments to Law No 57-FZ have been adopted to clarify the consequences of the invalidity of transactions performed in breach of Law No 57-FZ and to extend the definition of “foreign investor” to Russian citizens with foreign residence permits.
legal updates
03 / 05 / 23
On 29 April 2023, the UK Office of Financial Sanctions Implementation issued an updated Legal Services General Licence INT/2023/2954852 .
legal updates
27 / 04 / 23
On 25 April 2023, the President of the Russian Federation signed Decree No 302 “On Temporary Management of Certain Property,” which introduces a mechanism for the temporary management of assets held by persons of unfriendly states in the event that restrictive measures are imposed against Russian persons abroad.
legal updates
31 / 03 / 23
On 30 March 2023, the US Treasury Department’s Office of Foreign Assets Control issued an update to its FAQ No 1118 in relation to the payment of the so-called “exit tax” (according to the OFAC wording).
legal updates
17 / 03 / 23
On 15 March 2023 the Russian Ministry of Finance and the Ministry of Foreign Affairs published a proposal to suspend double taxation treaties with all countries that have imposed unilateral economic restrictive measures against Russia.
legal updates
02 / 02 / 23
On 16 November 2022, the Supreme Court of the Russian Federation issued an overview of court practice on unauthorised construction.
legal updates
12 / 12 / 22
legal updates
30 / 11 / 22
In our legal update we provide an overview of the current rules regarding the non-repatriation of funds under transactions with non-residents in view of Official Clarification of the Central Bank of the Russian Federation No. 11-OR issued on 23 November 2022.
legal updates
09 / 09 / 22
On 8 September 2022, Decree. No. 618 of the President of the Russian Federation “On the special procedure for carrying out (performing) certain types of transactions (operations) between certain entities”
was signed and entered into force.
was signed and entered into force.
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