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Berwin Leighton Paisner LLP


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Legal Developments by:
Berwin Leighton Paisner LLP

  • Legal Highlights: Identify Yourself: How Has the Russian Online Payment Framework Changed?

    Most Internet shops allow payments via Webmoney, BitCoins or local e-currencies, such as Yandex.Money. Effecting payments through these instruments provides obvious benefits for customers: convenience and timeliness, anonymity and security of payments, which do not require transfer of bank card data. It is no surprise, therefore, that CEO's of some Russian banks have said recently that the bank would compete with big Internet companies, the likes of Google, Alibaba, Amazon and Yandex. But how does the future reality, if it materialises, fit into the existing legislative framework?
    - Goltsblat BLP

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