New terms of storage for HR documents
As of February 18th, 2020, the law established new terms of storage for HR documents.
The following storage terms are extended as follows:
vacation schedules - 3 years (instead of 1 yea...
19 february 2020
The Russian Government has adopted rules for digital labeling of new products and order of access to labeling information
On January 07th, 2020, the Russian Government completed another stage of implementation of the Track & Trace digital-labeling system called “Chestny ZNAK” (“T&T System”) by determ...
15 january 2020
Compensation for fatal accidents at work - expansion of the recipient list
As of December 2019, the list of persons entitled to monetary compensation, in the event of the death of an employee in an industrial accident has been extended.
Respective amendments we...
12 december 2019
Russian Ministry of Labour and Social Protection issued new recommendations on anti-corruption compliance for organizations
In September and October 2019, the Russian Ministry of Labour and Social Protection (“Ministry”) issued new sets of anti-corruption guidelines for companies:
Measures for Preventing Cor...
11 december 2019
New sanctions for failure to localize personal data in Russia
We would like to inform you that on the December 2nd, 2019, the President has signed the draft law introducing amendments to the Code of Administrative Offences of the Russian Federation ...
11 december 2019
Currency regulations: Swiss focus
Further to our Newsletter related to the recent changes in the Russian currency regulations, we are sending you additional comments, which may help Swiss banks and bankers, who work with ...
09 december 2019
Currency regulations: new amendments
We would like to draw your attention to the latest amendments in currency control legislation, which are applicable to individuals - currency residents.
On December 2nd, 2019, the Presid...
05 december 2019