ALRUD experts held the webinar "Foreign Business in Russia: Practical Aspects of Exit Strategies. Impact of Latest Russian Counter-Sanctions Regulations"

On January 31, ALRUD law firm and Kesarev - leading public affairs advisory firm - held the webinar themed 'Foreign Business in Russia: Practical Aspects of Exit Strategies. Impact of Latest Russian Counter-Sanctions Regulations'

German Zakharov, ALRUD Partner, Sergey Khanaev, ALRUD Partner, and Evgeny Roshkov, Kesarev Partner, summarized recent market experience for strategies and options considered and implemented by foreign investors in Russia.

The experts overviewed legal, GR and other practical aspects that should be taken into consideration, including the following:

• 2022 outcomes in Russia: Key political and economic trends;
• Liaising with Russian authorities and examples of consents;
• New requirements for reviewing transactions and dividend payments by the Government’s Sub-Commission;
• Key aspects and legal effect of Presidential Decree No. 618;
• Legal regime under Presidential Decree No. 618 and Presidential Decree No. 520. Procedure and precedents;
• Legal and practical consequences of Presidential Decrees violation. Legal initiatives.