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Russia Update: Legal and market developments in Russia - Winter/Spring 2013
16 May 2013
Publication
We launched Russia Update last year to provide clients with a single guide to major legal and market developments in Russia. In this periodical publication, we will alert you to key legal changes as well as news highlights from the business sectors which...
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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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Russia enacts new law on anti-corruption
24 April 2013
Publication
With effect from 1 January 2013, Federal Law No. 273-FZ "On Preventing Corruption" (the "Anti-corruption Law") was amended to introduce requirements that companies implement anti-corruption measures.
Article 13.3 of the Anti-corruption Law...
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Repossession of Aircraft in Russia: Practical and Legal Issues
11 April 2013
Publication
This briefing gives an overview of the main steps involved if seeking to repossess an aircraft (the "Aircraft") leased to a Russian operator/airline (the "Lessee") and operated from the territory of the Russian Federation with a focus on major...
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The Cypriot Crisis: What does it mean for Cypriot corporate structures?
4 April 2013
Publication
Now that the dust seems to be settling, and the bailout programme and capital restrictions are being implemented, it is perhaps a good time for clients with Cypriot corporate structures to step back and assess what the Cypriot crisis means for them. In this briefing,...
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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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Russia is making subsequent declarations to the Cape Town Convention
18 February 2013
Publication
On 28 January 2013, the Russian Federation notified UNIDROIT of subsequent declarations under Article XXX(1) of the Protocol on Matters specific to Aircraft Equipment (the "Protocol") the Convention on International Interests in Mobile Equipment (the...
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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...