Investment Policy Measures

62 results
Russian Federation

Russian Federation

08 Nov 2023

Introduces legal framework to release and exchange foreign blocked assets

On 8 November 2023, the President of the Russian Federation issued Decree No. 844, introducing an investment exchange mechanism that enables foreign investors to purchase blocked foreign securities held by Russian investors using cash [...]

Russian Federation

Russian Federation

01 Oct 2023

Introduces key amendments to concession agreements and PPP mechanisms

On 10 July 2023, Federal Law No. 296 was enacted, introducing amendments to public-private partnership (PPP) and concession agreements. The revised legislation includes provisions addressing the maintenance of the agreement's object [...]

Russian Federation

Russian Federation

04 Sep 2023

Introduces changes in the corporate governance of economically significant entities with foreign participation

On 4 August, 2023, the President of the Russian Federation signed into law Federal Law No. 470-FZ, titled "On the Specifics of Corporate Governance in Business Companies Deemed Economically Significant Organizations". The law entered [...]

Russian Federation

Russian Federation

23 Aug 2023

Relaxes the criteria for granting permission to distribute dividends to the owners of Russian companies from “unfriendly” states

On 23 August 2023, the Ministry of Finance released an excerpt from the minutes of the Subcommittee of the Commission for the Control of Foreign Investments, wherein a decision was made to relax the criteria for granting permission [...]

Russian Federation

Russian Federation

08 Aug 2023

Partially suspends double tax treaties with 38 countries

On 8 August 2023, the President of the Russian Federation issued Decree No. 585, suspending specific provisions within Double Tax Treaties between the Russian Federation and 38 countries. This suspension impacts taxation on various [...]

Russian Federation

Russian Federation

04 Aug 2023

Introduces additional restrictions targeting individuals and entities from "unfriendly" foreign States

On August 4, 2023, the Russian Federation enacted Federal Law No. 422-FZ, amending the Federal Law of December 30, 2006, No. 281-FZ, which deals with special economic measures. This new law introduces additional economic restrictions [...]

Russian Federation

Russian Federation

31 Jul 2023

Prohibits foreign investors from owning a Russian news aggregator

On 31 July 2023, Federal Law No. 406-FZ “On Amendments to the Federal Law on Information, Information Technologies and Information Protection” entered into force. Among other amendments, the law prohibits any foreign investors from [...]

Russian Federation

Russian Federation

12 Jul 2023

Updated approval criteria for transactions involving the sale of Russian assets

On July 12, 2023, the Ministry of Finance made an announcement regarding updates to the approval criteria for transactions involving the sale of Russian assets owned by foreign companies with affiliations to "unfriendly" States. The [...]

Russian Federation

Russian Federation

03 Jun 2023

Establishes the list of aquatic bioresources for which the harvesting by foreign enterprises necessitates prior approval

On 3 June 2023, the Government of the Russian Federation issued Order No.1455-r that establishes the list of 47 types of “harvesting aquatic bioresources” subject to specific protection under Article 7 of the Federal Law No.57 “On [...]

Russian Federation

Russian Federation

25 Apr 2023

Establishes a legal framework for temporary administration of assets owned by certain investors associated with "unfriendly" States

On 25 April 2023, by the Presidential Decree No. 302 the Russian Federation established a legal framework to authorize the Government to take control of Russian assets owned or managed by investors associated with "unfriendly" foreign [...]

Russian Federation

Russian Federation

27 Mar 2023

Introduces a contribution by foreign individuals selling shares in Russian companies

On 27 March 2023, the Russian Ministry of Finance provided further details regarding the contribution by foreign individuals who sell shares in Russian companies. The contribution is applicable to foreign persons linked to foreign [...]

Russian Federation

Russian Federation

17 Jan 2023

Restricts decision-making by foreign minority shareholders in energy, machinery manufacturing and trade

On 17 January 2023, the President of the Russian Federation issued Decree No.16, which allows Russian companies operating in the energy, machinery manufacturing, and trade sectors to change their corporate decision-making to prevent [...]

Russian Federation

Russian Federation

08 Sep 2022

Restricts certain FDI transactions in Russian limited liability companies

On 8 September 2022, Presidential Decree No. 618 introduced new restrictions on certain transactions in Russian limited liability companies (LLC) for foreign investors “associated with states undertaking unfriendly actions with respect [...]

Russian Federation

Russian Federation

05 Aug 2022

Sets out new restrictions in financial, fuel and energy sectors for certain foreign investors

On 5 August 2022, Presidential Decree No.520 set out new prohibitions in the financial, fuel and energy sectors for foreign investors connected with the states included in the “List of foreign states and territories performing unfriendly [...]

Russian Federation

Russian Federation

25 Jul 2022

Compulsory conversion of branches of foreign companies into limited liability companies

On 06 July 2022, by the Law No.320 the Russian Parliament established a legal framework for compulsory conversion of branches of foreign companies into limited liability companies. These provisions apply in the following circumstances: [...]

Russian Federation

Russian Federation

14 Jul 2022

Establishes temporary procedure for goods subject to mandatory labelling

On 14 July 2022, the Russian Federation adopted Federal Law No. 341-FZ, which allows the Government to establish a procedure to introduce, circulate and/or remove out of circulation goods subject to mandatory labelling without applying [...]

Russian Federation

Russian Federation

14 Jul 2022

Amends the conversion mechanism of depository receipts into the underlying Russian shares

On 14 July 2022, the Russian Federation adopted the Federal Law No.319-FZ, that amended the existing conversion mechanism of depository receipts into the underlying Russian shares. This procedure allows Russian holders of depository [...]

Russian Federation

Russian Federation

05 Jul 2022

Introduces measures to facilitate transactions involving foreign currency

On 5 July 2022, the President of the Russian Federation issued Decree No. 430 “On repatriation of foreign and Russian currency by the residents who participate in international economic activity”. The Decree seeks to facilitate transactions [...]

Russian Federation

Russian Federation

28 Jun 2022

Expands the list of strategic sectors and activities subject to FDI screening

On 28 June 2022, the Russian Federation amended its FDI screening regime by including additional sectors to the list of activities strategic for national security. These include: (a) activities related to the analysis of the vulnerability [...]

Russian Federation

Russian Federation

28 Jun 2022

Permits the use of results of intellectual activity for which parallel imports are allowed

On 28 June 2022, the Russian Federation adopted Federal Law No. 213-FZ. It permits the use of the results of intellectual activity and the names or designations of goods that are in the list of products and product categories for which [...]

Russian Federation

Russian Federation

27 May 2022

Requires license payments to certain foreign rightsholders to be paid to a special type "O" rubles account

On 27 May 2022, Presidential Decree No.322 established a new procedure for license payments. It affects rightsholders from the foreign states included in the List of foreign states and territories performing unfriendly actions against [...]

Russian Federation

Russian Federation

11 May 2022

Adopts a list of designated legal persons to whom special economic measures apply

On 11 May 2022, the Government of the Russian Federation adopted Decree No. 851, which introduced a list of designated legal persons to whom special economic measures apply. It includes 31 energy companies incorporated in the European [...]

Russian Federation

Russian Federation

04 May 2022

Adopts new restrictions on payments of dividends to the shareholders from the sanctioned states

On 4 May 2022, by the Presidential Decree No.254, the Russian Federation adopted new restrictions on payments of dividends exceeding the amount of 10 million Russian rubles. The payment of dividends from a Russian limited liability [...]

Russian Federation

Russian Federation

03 May 2022

Introduces new counter-sanctions

On 3 May 2022, by the Presidential Decree No. 252, the Russian Federation announced the introduction of new economic counter-sanctions, including: - A ban on the export of raw materials and products produced on the territory of [...]

Russian Federation

Russian Federation

16 Apr 2022

Prohibits placing and circulation of shares abroad through depositary receipts

On 16 April 2022, the Russian Federation adopted Federal Law No.114-FZ “On Amendments to the Federal Law “On Joint Stock Companies” and certain legislative acts of the Russian Federation”(Федеральный закон от 16.04.2022 № 114-ФЗ "О [...]

Number of policy measures per economy (since 01 Jan 2010) 1 94