Legal overviews
Constitutional Court to alter practice on cases related to recovering compensation for violating IP rights
- Service: Intellectual Property (IP)
- Date: 30.12.2016
On December 13, 2016, the Constitutional Court announced a ruling on a case regarding examination of the constitutionality of Articles 1301 and 1311 and Clause 4 Article 1515 of the Civil Code of the Russian Federation (the “Civil Code”) and specified the following: in exceptional events, the courts are entitled to reduce the amount of compensation being recovered below the minimum threshold established by the law.
Restriction for residents to deposit / accept certain funds to their foreign bank accounts
- Service: Corporate Law / Mergers and Acquisitions
- Date: 19.12.2016
Under the Russian currency legislation the transactions that are not listed as the permitted ones are illegal.
Russian Ministry of Finance proposes easing obligations on declaring foreign accounts and deposits of Russian individuals
- Services: Corporate Law / Mergers and Acquisitions, Wealth Management
- Date: 14.12.2016
Russian Ministry of Finance proposes to ease rules for declaring foreign accounts and deposits of Russian individuals.
Penalty for using 2018 FIFA symbols
- Services: Advertising / Marketing / Sponsorship, Antitrust Law
- Date: 18.11.2016
Unlawful use of 2018 FIFA World Cup symbols is violation of the law.
FAS of Russia is going to amend general exclusions applying to agreements between credit and insurance organizations
- Service: Antitrust Law
- Date: 14.11.2016
New terms and conditions for agreements between banks and insurance companies.
Russian goods suppliers to have priority in procurement under 223-FZ
- Service: Corporate Law / Mergers and Acquisitions
- Date: 28.09.2016
Starting from January 1, 2017, Russian goods will have priority in procurement under 223-FZ.
Court upholds car distributor’s right to out-of-court unilateral refusal to perform dealer agreement
- Services: Commercial Arbitration and out-of-court dispute resolution, Antitrust Law
- Date: 21.09.2016
Court: dealer agreement is not an agreement of adhesion.
No risk, no inspection: a risk-oriented approach for state supervisory activity
- Services: Food industry, Anti-Corruption Law / Compliance, Labor and Migration Law, Commercial Arbitration and out-of-court dispute resolution
- Date: 19.09.2016
A risk-oriented approach will be used for purposes of improving and enhancing effectiveness of control and supervisory activity in the course of inspections.
Implementation of professional standards
- Service: Labor and Migration Law
- Date: 05.09.2016
Starting from July 01, 2016, the Russian rules on professional standards came into full legal force.
Central Bank develops bill on regional banks
- Service: Corporate Law / Mergers and Acquisitions
- Date: 09.08.2016
The Russian Central Bank has developed a bill that introduces a new type of credit organization – the regional bank, which will in fact be instrumental in bringing about a two‑tier banking system in Russia – at the federal level and at the level of the Russian regions.