The Russian Federal Service for Financial Markets issued an order (with effect from 17 February 2012) allowing the dissemination of information on securities designated for qualified investors.

Have your investments been affected by sanctions against Russia? Perhaps you are a Russian-based investor who invested in Eurobonds that were held through the National...

A Russian telecommunications services company Mobile TeleSystems PJSC ("Mobile") agreed to settle SEC charges that it violated the anti-bribery, books ...

The enforcement procedure for pledges and mortgages, covering movable and immovable property, has recently been amended to clarify and streamline the enforcement procedure, including for out-of-court enforcement, which was initially introduced by Federal Law No. 306 - FZ on December 30, 2008.

You might recall that the Iran Threat Reduction and Syria Human Rights Act added Section 13(r) to the Exchange Act, which requires public reporting companies that knowingly engaged ...

On 1 January 2020 amendments to the Federal Law "On the Securities Market" (SM Law) specifying the procedure for depositing securities under an escrow agreement entered into force.

Starting from 21 December 2016, most Russian legal entities, including subsidiaries of foreign companies, must keep information about their ultimate beneficial owners ("UBOs").

Le 3 mars 2023, le président russe a publié le décret n° 138 établissant des mesures supplémentaires concernant les titres.

The Federal Law No. 339-FZ dated 3 July 2016 'On the Introduction to the Federal Law 'On Joint Stock Companies' granted to shareholders the right to make contributions into the assets of joint stock companies...

Agreeing on payment conditions as well as on any holdback amounts for warranty claims has always been problematic in Russian share deals due to the absence of the internationally recognized escrow mechanism in Russian law.

At the end of February 2017 the U.S. Securities and Exchange Commission ("SEC") published the Guidance Update No. 2017-02 (the "Update")...

A key aspect that differentiates joint stock companies (JSC) from limited liability companies (LLC) and other business entities is the ability of a JSC to issue securities to raise capital.

Building Savings Banks (BSBs") may be introduced into Russia based on the German 'Bausparkasse' model.

For better or worse, we live in an increasingly globalised world. And in the lifetime of many businesses, there comes a time when they need to expand into new markets in foreign lands.

For better or worse, we live in an increasingly globalised world. And in the lifetime of many businesses, there comes a time when they need to expand into new markets in foreign lands.

The increased presence of bondholder representatives in Russia, to protect investor interest, has made the market more attractive.

The key to understanding how the transfer of immovable property and service provision works for specialised companies in Russia.

In response to the sanctions imposed by the United States and its allies (including foreign states and international organizations) Russia has adopted several counter-measures to protect the national interests of Russia ...

In August 2019 the president signed Federal Law 259-FZ of 2 August 2019 on Raising Investments via Investment Platforms and on Amending Certain Legislative Acts of the Russian Federation (Crowdfunding Law).

Below is a brief summary of the documents which establish the ownership rights of shareholders to the shares in a Russian joint stock company and other relevant issues.