New restrictions for disposal of shares in key strategic energy/mining companies and banks in Russia

As a matter of important update which may impact potential and scheduled transactions in Russia, please be advised that on 5th of August 2022 the President of the Russian Federation has signed Decree No. 520 “On Application of Special Economic Measures in Finance and Fuel and Energy Areas related to Unfriendly Actions of Certain Foreign States and International Organizations” (“Decree No. 520”).

Follow the link to learn more.

Download file

ALRUD is aiming to keep you well informed about the latest legal developments and other issues that fall within our professional competence. We hope that the information provided here will be useful for you. If any of your colleagues would also like to receive our newsletters, please send them the link to complete a Subscription Form.

If you would like to learn more about our Crisis Management, Economic Sanctions and Compliance Practice, please let us know in reply to this email. We will be glad to provide you with our materials.