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11 February 2025 Approval of transactions with the Government Commission: clarification of applicable rules and regulations

On 3 February 2025, the Ministry of Finance of the Russian Federation issued official clarifications regarding the application of the “counter-sanctions” Decrees of the President of the Russian Federation, specifically Presidential Decree No. 618 dated 8 September 2022.

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24 May 2024 New procedure for approving IP transactions

On 20 May 2024, Presidential Decree* No. 430 “On the Temporary Procedure for Acquisition of Exclusive Rights from Certain Right Holders and Meeting Monetary Obligations to Certain Foreign Creditors or Persons under their Control” was signed by the President and entered into force.

Now, within the framework of counter-sanction regulations, transactions on assignment of intellectual property owned by right holders from “unfriendly” states shall be approved by the Government Commission for Control over Foreign Investment in the Russian Federation.

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3 May 2024 Strategies for business structuring in Russia

Due to global geopolitical events taking place since 2022, international companies operating in Russia face challenges associated with sanctions compliance. At the same time, in response to foreign sanctions, the Russian authorities have adopted a special set of “countersanctions” measures. In such circumstances, international groups adopt their strategies with respect to the Russian market.

To learn more about these strategies please read our comprehensive analysis prepared for the Asia Business Law Journal’s new Japan Outbound Investment Guide.

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