New amendments and clarifications to currency and counter-sanctions legislation
5 April 2024Dear Ladies and Gentlemen!
We would like to inform you about some of the latest significant amendments and clarifications to currency legislation as well as counter-sanctions regulations restricting the fulfilment of Russian companies' obligations to foreign creditors.
We hope that the information provided herein will be useful for you.
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Note: please be aware that all information provided in this letter is based on an analysis of publicly available information as well as our understanding and interpretation of legislation and law enforcement practices. Neither ALRUD Law Firm nor the authors of this letter bear any liability for the consequences of any decisions made in reliance upon this information.
If you have any questions, please, do not hesitate to contact us.
Sincerely,
ALRUD Law Firm
Lesnaya st., 7, 12th fl., Moscow, Russia, 125196T: +7 495 234 96 92, T: +7 495 926 16 48, info@alrud.comwww.alrud.ru