Russian Ministry of Finance significantly expands list of offshore and non-cooperative jurisdictions for tax purposes
The Russian Ministry of Finance has revised the list of states and territories that (i) provide preferential tax treatment and/or (ii) do not disclose or provide information on financial transactions. The updated List was introduced by Order No. 86n of the Ministry of Finance dated 5 June 2023 and entered into force on 1 July this year.
The webinar will cover the impact of sanctions on debt capital markets transactions.
The Moscow District Arbitrazh Court upheld the position of the lower courts in relation to the validity and enforceability of the sanctions clause. Read further in our legal update on the relevance of the case and the court’s findings.
On 30 September 2023, new restrictions on importing iron and steel products of Russian origin into the European Union and the United Kingdom entered into force. Read more in our legal update.
The GDPR (General Data Protection Regulation) is an EU regulation on personal data protection. One should bear in mind, however, that the GDPR contains quite broad provisions on its extraterritorial applicability. In our legal update we look at common cases where the GDPR can apply to your business.
Denuo has advised Smart Service Nord on the acquisition of 100% of shares in Russian companies owned by AmRest, a European holding. AmRest used to manage over 200 KFC restaurants in Russia as a sub-franchisee.