Analytics and brochures

Pepeliaev Group advises that on 16 February 2016 the State Duma passed a law  which amends the Russian Commercial (Arbitration) Procedure Code (the “Code”) and unifies the procedural rules applied by general jurisdiction courts and state commercial (arbitration) courts.

Law firm Pepeliaev Group advises that Resolution No. 1 of the Plenum of the Russian Supreme Court dated 21 January 2016 “On certain aspects of applying legislation on the compensation of costs, connected with a case being considered” has been officially published.

The industry agreement was adopted at federal level for Russia's coal industry for 2013 to 2016 (the “Agreement”). The Agreement sets additional obligations and automatically extends to companies in Russia's coal industry. On 26 October 2015, an agreement was concluded to extend the term of the Agreement so that it will remain in force until 31 December 2018 (the “Extension Agreement”). 

Law firm Pepeliaev Group advises that, on 13 February 2016, the Bank of Russia published a Directive determining the types of information that must be compulsorily published on the official website of a professional participant, and the timeframes for such information to be published and to be accessible on the site.

Pepeliaev Group advises that on 29 January 2016 the State Duma adopted a federal law  which significantly changes the rules for taxing interest on debt obligations to related parties and/or on debt obligations raised with such parties involved (the so-called "thin" capitalisation, or "under-capitalisation" rules). The law also clarifies many issues which may arise in connection with law enforcement practice where these rules are applied.

Pepeliaev Group advises that on 28 January 2016 the Russian Government adopted a resolution to establish first priority development areas (PDAs) in monotowns in Russia and a new priority development area in the Far East.