COVID-19: relaxation of legal requirements to corporate procedures and share buy-backs in Russia (ENG)
7 April 2020
The numerous restrictions imposed in connection with the coronavirus pandemic and the worsening economic situation have necessitated urgent changes to the legislation in various areas. Along with changes to the tax legislation and the insolvency legislation, important changes have been made to the corporate legislation.
In particular, the regulations governing the holding of general meetings, the submission and disclosure of financial statements, share buy-backs, and a number of other corporate procedures have been relaxed.