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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. arrow

24 May 2016

EPAM successful for Transammiak in environmental dispute | ceelegalmatters.com reports

Egorov, Puginsky, Afanasiev & Partners has successfully defended the interests of Transammiak against a RUB 12 million claim brought by the Department of Rosprirodnadzor (Russia's Federal Service for the Supervision of Use of Natural Resources) in the Voronezh region of Russia for damages relating to an ammonia leak. arrow

10 May 2016

Egorov Puginsky Afanasiev & Partners’ Tax Practice team became the author of the ACEA’s Tax Guide Russia Chapter

ACEA’s Tax Guide gives an overview of motor vehicle taxation in the 28 EU member states, the EFTA countries (Iceland, Norway and Switzerland) as well as major world markets such as Brazil, China, India, Japan, Korea, Russia, Turkey and the United States. arrow

24 March 2016

Ukraine signed the Hague Convention on Choice of Court Agreements

On 21 March 2016, Ukraine signed the Hague Convention of 30 June 2005 on Choice of Court Agreements (“Convention”). This is a major step towards integration of Ukraine into European and global trade and investment environment. Availability of choice of court agreements in Ukraine will ensure yet another instrument of legal protection for businesses engaging in trade with Ukrainian parties or investing into the country. arrow

15 March 2016

Control over the processing of Russian citizens’ personal data is tightened

Since September 2015, both foreign and Russian companies have been required to use databases located in Russia to process Russian citizens’ personal data (PD) (the so-called data localization rule). arrow

13 March 2016

Yandex vs. Google | Evgeny Bolshakov and Denis Gavrilov, International Antitrust Bulletin by ABA Section of Antitrust Law

On September 18, 2015, the Federal Antimonopoly Service of Russia (“FAS”) ruled that Google had abused its dominant position in the market for pre-installed applications on mobile devices with an Android operating system in the Russian Federation. The ruling was affirmed on March 14, 2016 by the Moscow Arbitration Court. arrow

4 March 2016

Merger Control 2016. Russia - Trends & Developments | Anna Numerova and Elena Kazak, Chambers and Partners Global Practice Guide

The major trend in the regulator’s merger control approach remains quite liberal. This can be seen in both the regulator’s practice and legislative development. Fines for failure to meet the merger control requirements have not been increased. arrow

1 March 2016

The New Status of News Aggregators: What Next?

In late February 2016 a draft law (No. 1004188-6) setting out to regulate the operations of so-called news aggregators was submitted to the State Duma. The reaction from the business community has been mixed, and public authorities are taking different views too. For example, German Klimenko, the Presidential Adviser on Internet Development, supported the initiative, while Deputy Minister Alexey Volin says the Ministry of Communications and Media does not support the draft law, which equates news aggregators and media. arrow

25 February 2016

Single Pharmaceutical Market in the Eurasian Economic Union

On February 11, 2016 the Federal Law “On Ratifying the Agreement on Common Principles and Rules for the Circulation of Medical Devices (Medical Goods and Medical Equipment) Within the Framework of the Eurasian Economic Union” and Federal Law “On Ratifying the Agreement on Common Principles and Rules for the Circulation of Pharmaceuticals within the Framework of the Eurasian Economic Union” (Agreements) came into force. arrow

19 February 2016

Three Russian giants – Sberbank, Gazprom and MTS Get Monopolies on Their Corporate Colours: Shades of Green, Blue and Red

In late 2015 and early 2016, Rospatent registered red, green and blue colours as trademarks for Sberbank, Gazprom and MTS. The companies have, therefore, secured their right to the particular shades: Sberbank now has “green, which is Pantone 349”, MTS has “red, Pantone 485”, and Gazprom has “blue, Pantone 300CV”. arrow

15 January 2016

Cross-Border Loans: Assignment Ban Lifted, New Hurdles Imposed

Effective as of 1 January 2016, the National Bank of Ukraine (the “NBU”) adopted Resolution dated 30 December 2015 No. 996 (“Resolution 996”) introducing certain amendments to the procedure of registration of cross-border loans raised by Ukrainian borrowers. arrow

27 December 2015

The government took a giant step toward transparency this year by opening up databases for land titles and real estate property to the public | commentary by Oleg Boichuk, KyivPost

Transparency comes to real estate, land transactions. arrow

24 December 2015

Russian Arbitration Reform: Key Provisions

On 29 December 2015, the Russian President signed the Federal Law “On Arbitration in the Russian Federation” (“The Law on Arbitration”) and Federal Law “On Amendments to Certain Laws of the Russian Federation…” providing for fundamental reform of domestic arbitration. arrow

23 December 2015

“We increasingly see clients who want their lawyers to be compliant with FCPA, UKBA and the Russian Federal Anti-Corruption laws” | interview with Mikhail Kazantsev

Leaders League publishes an interview with Mikhail Kazantsev. arrow

23 December 2015

Ukraine facilitates property and other registrations

On December 13, 2015, new legislation introducing a number of substantial novelties in the property registration system in Ukraine (the “New Law”) entered into force. Although already modernized in the past years, property registrations have been often seen as the area of typical bureaucracy and transparency issues. As briefly summarized below, the changes proposed in the New Law are generally aimed at facilitation of property registrations by ensuring higher accessibility of registrations. arrow

 

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