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Russian Civil Code Reform: Spring Rolls (Russian)
14 May 2013
Publication
On 7 May, another set of amendments to the Russian Civil Code was signed into law . These amendments affect, inter alia, the general rules on transactions, the grounds on which a transaction may be challenged, and the rules governing powers of attorney. The amendments...
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Russian Civil Code Reform: Spring Rolls (English)
14 May 2013
Publication
On 7 May, another set of amendments to the Russian Civil Code was signed into law . These amendments affect, inter alia, the general rules on transactions, the grounds on which a transaction may be challenged, and the rules governing powers of attorney. The amendments...
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Russian Derivatives Documentation Tested in Russian Courts
25 March 2013
Publication
This client briefing discusses the two Russian court cases involving UniCredit Bank Russia where Russian courts allowed a party to a swap to walk away from the transaction.
Please note that this memorandum is not intended to provide a comprehensive analysis...
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Netting in Russia: NSD Commences Trade Reporting Operations
8 February 2013
Publication
On 5 February 2013, the Russian Federal Service for Financial Markets ("FSFM") have announced the long-awaited commencement of trade repository operations by National Settlement Depository ("NSD").
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Netting in Russia: Trade Reporting Regulation Amended
25 January 2013
Publication
Further to our client publications on the topic, the Russian Federal Service for Financial Markets ("FSFM") amended its trade reporting regulation dated 28 December 2011 (the "Reporting Regulation") to (a) address the uncertainties resulting...
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Jingle Bells - Trade Reporting
27 December 2012
Publication
Further to our client briefings of 12 December 2012, 6 October 2011 and 31 January 2011, the purpose of this note is to provide a brief update with respect to the introduction of trade reporting in Russia.
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Amendments to the Russian Civil Code: Lower Chamber of the Russian Parliament Adopts First Set of Amendments in the Final Reading (Russian)
20 December 2012
Publication
On 18 December 2012, the State Duma (the lower chamber of the Russian parliament) adopted in the final, third, reading the first set of amendments to the Civil Code of the Russian Federation.
The adopted amendments represent only a small part of the amendments...
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Amendments to the Russian Civil Code: Lower Chamber of the Russian Parliament Adopts First Set of Amendments in the Final Reading (English)
20 December 2012
Publication
On 18 December 2012, the State Duma (the lower chamber of the Russian parliament) adopted in the final, third, reading the first set of amendments to the Civil Code of the Russian Federation.
The adopted amendments represent only a small part of the amendments...
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Netting in Russia: Reporting of OTC Transactions Documented under a Master Agreement
11 December 2012
Publication
At the beginning of 2011, amendments were made to the Russian insolvency and securities market legislation (the "Netting Amendments") introducing the long-awaited rules for the recognition of close-out netting arrangements in cases of insolvency...
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Russia accedes to the WTO: problems and opportunities (Russian)
22 August 2012
Publication
On 22 August 2012, Russia’s accession to the World Trade Organisation takes effect. This briefing summarises Russia’s undertakings upon accession and the impact they may have on different sectors of the Russian economy.