33 results found

The legal uncertainty created by the application by Russian courts of Article 1062 (concerning gaming and betting) of the RF Civil Code after 1998 is intended to be addressed by a new section, 1062.2, the first reading of which was approved on June 16, 2006.

A draft amendment to the Federal Law "On Banks and Banking Activities" that allows companies other than credit institutions to accept payments that usually fall under banks’ jurisdiction (the "Payments Amendment") passed its third reading by the State Duma on July 7, 2006.

The amendments (which were more than 3 years in the making) introduce a number of key changes to the insider trading regime the most important of which are discussed below

The court noted that Chapter 25 of the RF Tax Code does not contain provisions according to which dividends not received could be treated as taxable income...

In 2007, the Russian security market brought in a new financial instrument, Russian Depositary Receipts (RDRs), intended to attract investment.

The main function of a bondholders' representative in Russia is to protect bondholders' interests and execute decisions taken during the General Bondholders Meeting, but what does this mean in practice?