On 29 July 2024 the Russia’s HR Committee of the American Chamber of Commerce ****(AmCham)**** met to discuss topical issues of the labour law.
Anastasia Petrova, Of Counsel in ALRUD Labour and Employment Practice, and Maria Nevezhina, Senior Associate in ALRUD Labour and Employment Practice, spoke on the topic: ****“Labor & employment compliance issues after the enactment of recent EU and US sanctions”****.
The experts told which labour and legal processes require changes in the context of the enactment of recent EU and US sanctions, including localization of global policies and human resources documents templates, change of employees’ personal data processing, restructurisation, bringing of arrangements with a head office to compliance with the sanctions requirements, as well as trainings and introduction of a reporting system.
The American Chamber of Commerce in Russia (AmCham) is the leading international business organization in Russia. Founded in 1994, AmCham advocates for the trade and investment interests of its member companies. The reach and scope of AmCham’s advocacy continues to expand to reflect the increasing diversity of its membership. AmCham’s mission is to promote the development of a sustainable market environment conductive to business operations in Russia.