MEDIA COVERAGE
9 December 2022

The Number of Law Firms in Russia Remained the Same | сommentary by Denis Arkhipov for Rossiyskaya Gazeta

Despite the difficult year 2022, the workload in the legal business has not decreased, but the specifics have changed.

3 August 2022

The Market Without Fluctuation | Commentary by Anastasia Yaremchuk for RG

The Federal Antimonopoly Service (FAS) has reduced the period for issuing warnings to one day. The new rules will also apply to public unsubstantiated forecasts of price increases.

11 August 2020

Lawyers Question Russian Media Watchdog Head's Data Remarks | Pavel Sadovsky for Vedomosti

Roskomnadzor Proposes Stronger Protection of Personal Data. Such Mechanisms Already Partly Exist, Lawyers Say.

21 June 2018

Russian Lawmakers Have Introduced Bills to Zero out the Country's Dividend Tax for Certain Companies in Designated Regions | commentary by Sergey Kalinin for Bloomberg

Russian lawmakers have introduced bills to zero out the country's dividend tax for certain companies in designated regions.

23 December 2017

The Russian Big Business Will Be Able to Secretly Return Capital From Abroad | Sergey Kalinin commentary, micetimes.asia

As stated by the President of Russia Vladimir Putin, the state is ready to help domestic businesses on a Pro Bono basis to return capital from abroad by issuing foreign currency bonds. This good for the part of entrepreneurs the news the President announced on December 21 at a meeting in the Kremlin. The issue of the “bonds of external loans denominated in foreign currency” is scheduled for next year. According to the President, the government and the Central Bank has already elaborated this issue, it remained for the technical issues – issue details and conditions.

13 April 2017

Russia: Roskomandzor’s Decision to Restrict Access to Zello a “Warning Sign” for Companies | commentary by Pavel Sadovsky and Maria Demina, DataGuidance

The Federal Service for the Supervision of Communications, Information Technology and Mass Communications (‘Roskomnadzor’) announced, on 10 April 2017, that pursuant to its decision of 6 April 2017 No. 8 (‘the Decision’), it had ordered telecommunications operators to restrict access to Zello Inc.’s services within Russia after the company failed to inform the Roskomnadzor of the storage on its servers of all electronic messages sent using Zello’s website and apps. According to Federal Law of 27 July 2006 No. 149-FZ on Information, Information Technologies and Protection of Information, as amended (‘the Law’), ‘information distributors’ are obliged to notify the Roskomnadzor of their compliance with localisation and retention obligations under the Law.

23 November 2016

Russia Bans LinkedIn Over Data Storage Violation | comments by Olga Tyangaeva for CRD

Russia’s media watchdog has blocked professional networking website LinkedIn after the company was found to have violated a law requiring websites to store Russian users’ data on domestic servers.

26 May 2016

On Islamic Finance in Russia | comments by Ilya Bareysha for RBTH

Russia hopes that Islamic banks will help make up for a deficit in international finance caused by sanctions.

4 August 2014

Tax Analysts publishes commentary by Mark Rovinskiy on a draft law that would allow the taxation of CFCs controlled by Russian tax residents

Russia is considering a tax amnesty for Russian-owned offshore companies as part of a wider effort to encourage the repatriation of capital and discourage the use of offshore companies for tax avoidance, a government spokeswoman told Tax Analysts.

1 July 2014

RBTH publishes commentary by Mark Rovinskiy on Russia's deoffshorization program

The Finance Ministry is pushing ahead with its program to entice Russian-owned offshore firms to repatriate capital. A new law will impose penalties on such companies for tax evasion, but offers the carrot of a 2-year amnesty for those firms which decide to relocate to Russia.

24 June 2014

PaRR publishes commentary by Natalia Korosteleva

Russia’s competition authority Federal Antimonopoly Service (FAS) is likely to face more legal challenges over its warnings to dominant companies on anticompetitive practices after the country’s Supreme Arbitration Court (VAS) ruling allowing Gazprom’s subsidiary to dispute a warning against it at arbitration courts, two Moscow based lawyers said.

11 May 2014

The Moscow Times publishes commentary by Mark Rovinsky on amendments to the Tax Code

The Finance Ministry is finalizing plans to levy a property tax on individual homeowners and ratchet up the cost by pegging the tax rate to cadastral property values.

28 April 2014

PaRR publishes commentary by Anna Numerova

The proposed tie-up between Holcim and Lafarge is unlikely to face competition hurdles in Russia. The country’s competition authority, the Federal Antimonopoly Service (FAS), is expected to assess the deal’s impact on regional cement markets, in which the two European companies' presence is largely complementary, said two Moscow-based lawyers.

11 March 2014

The Moscow News publishes commentary by Pavel Sadovsky

A law to curb piracy came into effect in August 2013. It has proven to be an “efficient instrument” in the fight against copyright infringement, especially since preliminary injunctions from courts became much easier to obtain.

9 December 2013

PaRR publishes commentary by Dennis Turovets on competition law in Belarus

Russia’s competition authority, the Federal Antimonopoly Service (FAS), has proposed amendments to eliminate the discrepancy in different definitions of a cartel in Russian competition law and the country’s criminal code, Andrey Tenishev, head of the cartel division at FAS, told PaRR. A definition given to a cartel in antimonopoly law will be integrated into criminal law, he explained.