The Russian IPO Forum 2011 organized by Mergers & Acquisitions magazine took place in Moscow on 26th April. Vyacheslav Yugay, Lawyer at EPAM, delivered a report on “ADRs: the US Law Requirements and Implications for Russian Issuers”.
The Forum was aimed to discuss issues that determine the success of IPOs including the structural readiness of companies and their management, corporate governance, financial statements, selection of IPO advisors and arrangers and placement timing.
The participants of the Forum included representatives from the Federal Service for Financial Markets, the Russian Ministry for Economic Development, the Russian State Duma, most authoritative IPO arrangers, legal and financial advisors, and companies that had their IPOs last year or are planning their IPOs in the near future.
The Forum covered the following issues:
- Legislative developments in the financial market in 2010-2011
- Pre-IPO steps
- Secrets of successful IPOs
- Russian IPOs in practice