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Russia has been continuously enjoying good macroeconomic conditions, and many opportunities lie within reach of domestic and foreign investors.

The Russian corporate bonds market traces its history from 1999 when Lukoil and Gazprom launched their pilot bonds issues intended primarily for those foreign investors whose money was "locked" in Russia as a result of the 1998 default.

Corporate shares and bonds, government bonds, and bills issued by banks and companies are the main types of the securities circulating in the Russian financial market.

According to Russian legislation, a receivable contract is required to be made in writing when at least one of its parties is a legal person, or when the contract value made between individuals is more than a certain threshold (currently, approx. USD 400), or in some other cases directly prescribed by law.

The Russian main merger control authority is the Federal Antimonopoly Service. The Central Bank of the Russian Federation also performs some merger control functions in respect of transactions involving banks and financial institutions.

The Russian main merger control authority is the Federal Antimonopoly Service (FAS).