Analytics Legal analytics

31
August
2017

Disclosing beneficiaries: the subtleties of performing obligations

Executive authorities can now require that legal entities disclose their beneficiaries. Treating the new regulations in an attentive manner can help avoid any unjustified accusations. By February 13th next year, the relevant authorized government agencies need to ratify the form their requirements will take, after which the mechanism will enter into full force. It will also permit controlling whether companies are meeting their associated requirements to clarify, update, and store information about their beneficiaries. However, practice in applying this has not taken shape yet, and along with that the law’s wording could result in ambiguous interpretations. That is why it is advisable for companies to pay attention to several important points.

Ilya Shengeliya, Compliance Counsel
16
September
2014

Topical issues of corporate law

VEGAS LEX law firm issued a collection of publications from the year 2014, on current issues of corporate law. (This legal update is available only in Russian)

28
February
2014

Securitization of project financing

On the eve of the new year, the President of the Russian Federation signed Federal Law No. 379-FZ dated 21.12.2013 “On Amendments to Certain Legislative Acts of the Russian Federation”. The signing of this law has led to changes in the law on notaries, the rules regulating the legal regime for secured bonds, as well as additions to the RF Civil Code of articles governing the legal regime of nominal and the escrow accounts and the legal status of specialized companies. We present to your attention the analytical review of “Securitization of project financing”, which analyses the changes in legislation, in the most important spheres of public-private partnerships. (This legal update is available only in Russian)

Irina Nikolaeva, Junior associate, Energy practice
15
November
2012

The flip side of the “golden parachute”

Resolution of the Presidium of SAC RF on September 4, 2012 No. 17255/09. (This legal update is available only in Russian)

23
September
2014

Insurance and reinsurance in the Russian Federation: overview

Market trends and regulatory framework, regulation of insurance and reinsurance contracts and other trends and news in insurance/reinsurance in Russia

14
March
2014

Presidium of SAC RF on the recovery of damages from the directors

On 15 February 2014, published was Decree No. 1114/13 of the Presidium of SAC RF dated 22 October 2013, which is developing jurisprudence on the recovery of damages from the boards of directors of business entities. (This legal update is available only in Russian)

21
December
2012

The Presidium of SAC RF on information rights of former shareholders

In 2011, SAC RF outlined the main guidelines for corporate governance practices in the part of information rights of shareholders (see Information letter of the Presidium of SAC RF dated 18 January 2011 No. 144 “On some questions in the practice of consideration by courts of arbitration of disputes on providing information to participants of business entities”). Resolution of the Presidium of SAC RF dated 09 October 2012 No. 9011/12, published on 6 December 2012, complements earlier formulated legal approaches with rules about the information rights of former shareholders. (This legal update is available only in Russian)

3
September
2012

Presidium of SAC RF gave the green light to the doctrine of “piercing the corporate veil” in Russian courts

The Russian judicial practice at the level of the Decree of the Presidium of SAC RF was first recognized by the doctrine of piercing the corporate veil, or lifting the corporate veil. (This legal update is available only in Russian)

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