News

Olga Sushinskih, Senior Attorney of the Commercial Practice, Vegas Lex, enlightens the readers of the international Legal500 directory on the powers of Sberbank under Article 6 of the Kyoto Protocol.

Pursuant to Decree No. 884-r of 27 June 2009,  the RF Government authorized the Joint Stock Commercial Savings Bank of the Russian Federation to secure implementation of (take part in implementing) certain obligations of the Russian Federation fixed in the Kyoto Protocol to the United Nations Framework Convention on Climate Change. These powers of the Sberbank of Russia relate, without limitation, to Article 6 of the Kyoto Protocol. 

For more details on the matter, please, see the article as published at the Legal500 web-site at: http://www.legal500.com/c/russia/developments/9240 

Russian version of the article is available here.