Parallel import allows import of goods not only by their owner or dealer, but also by any importer 

Administrative liability for unauthorized use of land is increased

Transactions inside Russia with the use of international payment cards will be processed within the Russian National System of Payment Cards (NSPC)

News on regulating activity of financial institutions

Identification of the client, client’s representative  and beneficiary is essential in the CML/TF system at non-credit financial institutions.

Non-credit financial institutions must develop and approve the personnel training and education program on CML/TF, as well as arrange employee training.

Non-credit financial institutions must make their internal documents regulating CML/TF compliant with new requirements by June 1, 2015.

New restrictions regarding engaging highly qualified foreign specialists are introduced 

Starting from July 1, 2015 amendments introducing the institute of individual bankruptcy become effective

A draft Government Resolution is developed, restricting foreign pharmaceuticals for state procurement 

The State Duma will examine the draft law determining the procedure for providing guarantees of the Russian Federation when concluding the contracts in the field of state procurement

FAS on course of liberalizing antitrust laws

A private party can submit a proposal to conclude a concession agreement in the form establishedstarting from May 1, 2015