Overviews of legislation and court practice
Reviews
The powers have been extended of the Government Commission on Monitoring Foreign Investment. Laws have been adopted on extensive amendments to legislation regarding public procurement. A charge is being introduced in Russia for distributing Internet advertising.
The mechanism has been extended for suspending the rights of foreign holding companies within an economically significant company; the Government Commission will issue opinions for corporate rights to be suspended within an economically significant company; the list of goods has been expanded for agreements to restrict prices.
The list has been expanded of closed competitive ways of determining suppliers; a number of temporary measures in state procurement may become permanent.
The conditions have been adjusted for a price to be recognised as monopolistically high/low; the fines for preventing audits may be raised; the number of indicators of risk during the processing of personal data may become larger.
The temporary procedure has been established for performing transactions aimed at acquiring exclusive rights to use IP / means of identification from hostile states; The Government will determine the rules for damage to be compensated in connection with hostile actions of the USA; the specifics of state control have been adjusted.
Fines can be increased for non-compliance with the notification procedure relating to entrepreneurial activity; the rules will be updated for issuing permissions to export individual types of industrial products from Russia.
The requirements have been updated for how residents make contributions to the issued capital of foreign companies; amendments have been proposed to the specifics of conducting state control; the use has been postponed of the State Information System of Electronic Shipping Documents for making a reservation during international haulage.