Сounter-Sanctions regime in Russia: new Official Clarifications on Decree No. 618 and new Presidential Decree No. 737

In the course of regular updates on Russian counter-sanctions measures, we would like to provide you with summarized information on:

• new Official Clarifications published[1] by the Ministry of Finance on October 14, 2022; and
• new Presidential Decree No. 737 published on October 15, 2022.

The above have hugely updated the current counter-sanction FDI regime in Russia, in particular, new transactions requiring counter-sanctions approval were added (e.g., indirect deals with shares in Russian JSCs and transfers of 1% of shares in banks and financial institutions, etc.).

Follow the link to learn more.

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