JD Supra (JD Supra Russia)

676 results for JD Supra (JD Supra Russia)

  • Russian personal data law amended to address publicly available data and fines

    March 2021 brought two significant amendments to Russia’s Personal Data Law: one related to processing of publicly available personal data, and another increasing fines for violations of various data privacy requirements. This article provides a summary of the amendments.

  • Non-Russian Online Businesses May Be Forced to Open Offices in Russia and Submit to Russian Jurisdiction

    Draft law “On Activities of Foreign Companies in the Internet in the Territory of the Russian Federation,” introduced to the State Duma, a lower chamber of the Russian parliament, on May 21, 2021, aims to extend Russian jurisdiction to certain non-Russian internet businesses by requiring them to open local offices in Russia and to comply with orders of Roskomnadzor, a Russian internet and data...

  • Russia: Q&A - Employer COVID-19 Vaccination Policies

    WLG asked member firms around the globe to provide some insight on employer and employee rights when it comes to requiring the COVID-19 vaccine to return to work. Responses for Russia have been updated with new questions since its initial publication in January.

  • Establishing A Business Entity In Russia (Updated)

    Russia is the largest country in the world in terms of size, having a vast territory of 17.1 million square kilometers. It shares borders with many European and Asian countries such as Norway, Finland, Estonia, Latvia, Lithuania, Poland, Belorussia, Ukraine, Georgia, Azerbaijan, Kazakhstan, China, and Mongolia (plus sea borders with the United States and Japan). Its population in the beginning of

  • Morgan Lewis Spark - Q1 2021 (Russian)

    The first quarter of 2021 was relatively slow in respect of Russian legislative developments. And yet we saw development of a number of important legislative frameworks, particularly with a focus to the emerging global energy transition, with draft legislation being developed in respect of greenhouse emission reduction and LNG production in Russia. Please see full Publication below for

  • Biden Administration sanctions target Russian technology and defense sectors and Russian sovereign debt

    On 15 April 2021, the U.S. Government announced a number of new sanctions measures against Russia, targeting a variety of “harmful foreign activities” contrary to U.S. foreign policy.

  • New Sanctions Targeting Russia

    President Biden issued a new Executive Order 14024 (“E.O. 14024”) on April 15, 2021, expanding sanctions against Russia. E.O. 14024 authorizes, for the first time, U.S. sanctions against Russian technology companies and, through Directive 1 thereunder, expands prohibitions on dealings relating to Russian sovereign debt.

  • Biden Ramps Up Russia Sanctions Pressure

    On April 15, 2021, the Biden Administration imposed new sanctions on Russia in response to: (1) its efforts to interfere in U.S. and other countries’ elections; (2) the Solar Winds hacks; and (3) Russia’s continued occupation of the Crimea region of Ukraine. These new sanctions include broad authority under a newly issued Executive Order to…

  • US AND EU RUSSIA SANCTIONS UPDATE—US/EU (& UK) OVERVIEW (AND RUSSIAN COUNTERSANCTIONS) – APRIL 2021

    The still evolving US sanctions (as well as the EU and now also separate UK sanctions) continue to challenge Russia-related business. The sanctions frameworks are complex, changing, and, at times, inconsistent as well as overlapping. Navigating this complex global framework is made even more difficult by the ongoing unpredictable and reactionary geopolitical environment as the Biden...

  • Dentons COVID-19 Retail Tracker - Russia

    Status – Has any special status been introduced? No special regime has been introduced at the federal level, but all regional authorities have introduced a state of high alert with different restrictive measures.

  • Buying and Selling Real Estate in Russia (Updated)

    KEY FACTS OF REAL ESTATE ACQUISITIONS UNDER RUSSIAN LAW - I. Types of real estate - • land plots; • buildings, facilities, and other objects closely connected with land (i.e. objects that cannot be removed without detriment to their designation); • constructions or developments under construction; • objects qualified as real estate by operation of law (registrable aircraft, ships, inland-wate

  • Russia Streamlines Procedures for Approval of Certain Strategic Investments in Russia

    In an effort to reduce bureaucratic procedures and address deficiencies in Russian law with regard to strategic investments by foreign entities in Russia, amendments to Federal Law No. 57-FZ “On Procedures for Foreign Investments in Business Entities of Strategic Importance for Russian National Defense and State Security”, dated April 29, 2008 (as amended) (the “Strategic Sectors Law”) were...

  • COVID-19: Is Vaccination Mandatory to Work in Russia?

    Expectations for positive turns in many spheres of life, both commercial and social, have sprung at the arrival of COVID-19 vaccination. One of the popular questions is whether vaccination could change the current preference for working remotely (even as we see gradual easing of the remote work requirement in Russia) or whether it would be…

  • New Trade Controls Targeting Russia

    In March 2021, three federal agencies promulgated international trade restraints as part of the Biden Administration’s response to alleged mistreatment of Russian opposition leader Alexey Navalny in 2020. Specifically, the Commerce Department’s Bureau of Industry and Security (“BIS”) imposed certain Russia-related export control restrictions ...

  • IP, IT and Telecommunications Legislative developments: 2010-2020. Major Russian legislation changes for 2020

    The period from 2010 to 2020 can rightly be called the decade of the development of information technology laws. We have identified three key legislative trends that we believe will continue to be relevant in the nearest future. Please see full Publication below for more information.

  • Russia Sanctions Update – US / EU (And Brexit-UK) Overview And Energy Sector Focus & Russian Countersanctions, as of 10 December 2020

    The still evolving US sanctions (as well as the EU and now also separate UK sanctions) continue to challenge Russia-related business. The sanctions frameworks are complex, changing, and, at times, inconsistent as well as overlapping. Navigating this complex global framework is made even more difficult by the ongoing unpredictable and reactionary geopolitical environment as the Biden...

  • U.S. broadens sanctions on Russia in connection with poisoning and imprisonment of Alexei Navalny

    Over the course of the past few weeks, the U.S. Government has taken several actions against the Russian government in connection with the poisoning of Russian dissident Alexei Navalny.

  • The Eurasian Patent Office has launched the Pharmaceutical Register

    Since 1 March 2021, the Pharmaceutical Register of the Eurasian Patent Office (EAPO) is available on the official website of the Eurasian Patent Office. The Register contains information on Eurasian patents protecting active substances of drugs. The EAPO specifically indicates that the Pharmaceutical Register shall relate to the patents protecting pharmacologically active products (chem

  • Russian Laws Advance Framework for the Use and Regulation of Digital Financial Assets and Currency

    In January 2021, Federal Law No. 259-FZ “On Digital Finance Assets, Digital Currency and on Introduction of Changes to Separate Legal Acts of the Russian Federation” (the “Digital Law”) came into force becoming one of the first regulations in Russia to address the issuance, recording and circulation of digital financial assets (“DFAs”) and the circulation of digital currency in Russia. 

  • 2021 Venture Capital Guide - Russia

    World Law Group member firms recently collaborated on a Global Venture Capital Guide that covers more than 30 jurisdictions on investment approval processes, typical investment sectors and investment structures on Venture Capital deals (and more!).

  • Morgan Lewis Spark Q4 2020 - Russian

    От нашей команды - Наша команда хотела бы поздравить Вас и Ваших близких с наступившим Новым годом! Позвольте нам воспользоваться этой возможностью, чтобы пожелать Вам счастья, здоровья и благополучия в Новом 2021 году! Please see full Publication below for more information.

  • Morgan Lewis Spark | Q4 2020 - English

    Happy New Year from our team to you and yours. We would like to take this moment to wish you a happy, healthy and prosperous 2021. Morgan Lewis Spark is a quarterly update highlighting new and amended Russian legislation of importance to companies operating in the Russian energy and mining sectors. We hope it provides you with a useful tool to navigate these developments. Please see...

  • Preinstalled Russian software regulation

    The President of Russia has signed a law amending Article 4 of the Russian Federation Law on Consumer Protection. Signed back on December 22, 2020, the law sets forth an obligation to preinstall Russian software (or, after amendmetns, Eurasian software) on certain types of devices. Please see full Publication below for more information.

  • Aviation finance in Russia and CIS countries - Opportunities in uncertain times

    Like the rest of the world, air passenger transport in the Russian Federation and other Commonwealth of Independent States (CIS) countries experienced a serious impact at the start of the COVID-19 pandemic. Yet air traffic appears to be recovering more rapidly in Russia and CIS nations than elsewhere. At the end of 2020, Russia had the majority of its aircraft fleets in service—a higher...

  • Pledge managers and nominal accounts: recent amendments

    Syndicated secured loans are characterised by a broad, changing composition of lenders. One key issue typically arises at the outset of these transactions: how should lenders and their counsel structure the security, to ensure it is legal and may be validly and efficiently enforced? Please see full Publication below for more information.

  • Russia Increases Remuneration Payments Owed to Employees for Exclusive Rights to Patentable Objects

    On November 16, 2020, the Russian government approved new rules increasing the rates of remuneration employers must pay employees for their inventions, utility models and industrial designs (the “Rules”).  The Rules will be effective from January 1, 2021 until January 1, 2027.

  • Important migration law changes go into effect in 2021

    We would like to alert you to the following important changes in migration law that go into effect in 2021. The Russian Federation government has specified the procedure for issuing the recently introduced unified electronic visas. The introduction of unified e-visas can be considered a logical continuation of the e-visa pilot project launched in 2017 to allow foreigners to cross the Russian...

  • Impact of Sanctions on International Arbitration Involving Russian Parties

    Sanctions imposed by the USA, the EU and other jurisdictions in relation to certain Russian individuals and legal entities, since 2014, have had a substantial impact on international arbitration involving Russian parties. Please see full article below for more information.

  • New Law on Digital Financial Assets and Digital Currencies: key innovations in Russia

    The Russian federal law on digital financial assets and digital currencies was signed and published on 31 July 2020 with most of its provisions taking effect on 1 January 2021. The law regulates the arrangements associated with the issuance and circulation of two objects –"digital financial assets" and "digital currencies", introducing, among other things, the following new...

  • Foreign direct investment reviews 2020: A global perspective - Russian Federation

    The Federal Antimonopoly Service strengthens enforcement of foreign investments legislation - Established by the Russian government in 2008, the Government Commission on Control over Foreign Investments in the Russian Federation is responsible for the review of foreign direct investment applications. The Government Commission is headed by the Chairman of the Russian government and...

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