Analytics Publications International investments

22 March 2018	New round of anti-money laundering in EU and its consequences Although the new European AML regulation does not directly apply to Russia, it will anyway affect the Russian banks. How do requirements of Regulation (EU) 2015/847 align with Russian legislation concerning personal data? What duties are imposed on the payment system operators? What are the motives for the European courts to solve the dilemma as to which matter has higher priority: the need to disclose information for AML/CFT purposes or the need to observe confidentiality? International Banking Operations * * I hereby give my consent for the processing of my personal dataAgreement Send
23 October 2017	Agency country questions: Russia Russian-specific information concerning the key legal and commercial issues to be considered when appointing an agent.This Q&A provides country-specific commentary on Agency: international overview, and forms part of our international sales and marketing transaction guide. Natalia Abtseshko, Head of International projects group PLC Magazine * * I hereby give my consent for the processing of my personal dataAgreement Send
24 August 2017	EU regulations concerning personal data. Risks and recommendations for Russian businesses The topic of security during the processing of personal data is a high-priority one, both in Russia and abroad. While Russian businesses are becoming accustomed to increased administrative penalties for violating legislation in the area of personal data - under Article 13.11 of the Russian Federation Code of Administrative Offenses – the European Union is getting ready to pass Regulation No. 2016/679 “On protecting individuals while their personal data is being processed, and on the unhindered circulation of that kind of data.” One distinguishing feature of this regulation is its extraterritorial jurisdiction. The fact is that the regulation’s validity applies not only to EU residents, but also to third parties. Large Russian companies are unlikely to ignore the new rules: the penalty for violating them is substantial - up to 20 million Euro or 4% of the company’s worldwide annual turnover for the fiscal year. This article will talk about how the regulation will influence Russian business, how Russian business will get ready for it to be passed, and what the authorities are threatening to do if it is not complied with. EZH-Yurist * * I hereby give my consent for the processing of my personal dataAgreement Send
21 April 2016	RF Administrative Offences Code has expanded its sphere of action Specific administrative sanctions provided for by Russian legislation, can now be freely applied to violations committed anywhere in the world. The innovations come into force starting on 20 March 2016 and relate to only one article of the Administrative Offences Code – 19.28, which provides for the liability of legal entities for corruption. Equally dramatic, although only clarifying changes can initiate far-reaching trends and create additional risks for businesses around the world. Ilya Shengeliya, Compliance Counsel EZH-Yurist * * I hereby give my consent for the processing of my personal dataAgreement Send

7 November 2017	Departmental appeals with the Federal Antimonopoly Service of Russia For more than a year now, a so-called departmental appeals board has functioned at the Federal Antimonopoly Service of Russia, which allows economic entities to dispute decisions made by the antimonopoly authorities’ regional departments out of court. In certain cases, this procedure could become an efficient alternative to courts of appeal. Bank Review * * I hereby give my consent for the processing of my personal dataAgreement Send
23 October 2017	Distribution country questions: Russia Russia-specific information concerning the key local and commercial issues that arise when appointing a distributor. This Q&A provides country-specific commentary on Distribution: international overview, and forms part of our international sales and marketing transaction guide. Natalia Abtseshko, Head of International projects group PLC Magazine * * I hereby give my consent for the processing of my personal dataAgreement Send
24 May 2016	Antitrust Law Enforcement: the EU experience Competition encourages companies to offer customers products and services on the most favourable terms. In addition, competition encourages innovation and the development of new efficient technologies, and the simultaneous reduction in prices. It is therefore important to focus on anti-monopoly regulations. We look at the experience of the European Union in this area, and pay attention to whether there is any correlation with anti-monopoly law enforcement practices in Russia. EZH-Yurist * * I hereby give my consent for the processing of my personal dataAgreement Send
11 April 2016	Environmental underside of the shale revolution This article will address the environmental aspects of shale gas, including describing the character of the new production technologies (hydraulic fracturing and horizontal drilling), its environmental risks, as well as the reasons for such a rigid form of legal regulation of environmental requirements – as the complete bans on shale gas in a number of countries. This very private, but very eloquent example, will allow us to come to the logical conclusion that sometimes a total ban is really necessary, and sometimes the only way to regulate environmental risks in the energy sector. * * I hereby give my consent for the processing of my personal dataAgreement Send

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