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ARTICLE · 17 DECEMBER 1996

Publishing Annual Accounts

RussiaFinance and Banking
Open joint stock companies must publish their 1996 accounts before 1 June 1997. Before being published, an audit confirmation must have been received and the shareholder meeting must have approved the accounts. This deadline conflicts with the date set in the joint stock company law for submitting accounts to a meeting of shareholders, which is set at 1 July 1997.

Order of the Ministry of Finance of 28 November 1996 No. 101

For further information contact Bauke van der Meer on tel: +7 503 232 5511 fax: +7 503 232 5522 or e-mail directly: [email protected] or enter a text search 'Coopers & Lybrand' and 'Business Monitor'

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