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The Bill on Amendments to the Law on Personal Data and the Law on Consumer Rights Protection Was Adopted in the First Reading

31 October 2024

On October 29, in the first reading, the State Duma of the Russian Federation adopted Bill No. 679980-8 "On Amendments to Article 9 of the Federal Law "On Personal Data" ("Law on Personal Data") and Article 10 of the Law of the Russian Federation "On Consumer Protection" ("Law on Consumer Protection") (hereinafter - the "Bill").

Overview of FAS Recommendations on Preventing Greenwashing

28 October 2024

On October 23, the Federal Antimonopoly Service of the Russian Federation (the “FAS”) has published recommendations for preventing greenwashing in marketing communications (the “Recommendations”).

Greenwashing is described as actions involving the distribution of false or incorrect environmental statements that mislead consumers regarding the environmental characteristics of goods in order to obtain unjustified advantages.

The Recommendations provide for the concept of environmental statements, their types and requirements for them, as well as the consequences of non-compliance with the requirements for such statements.

Changes in the Terms for Obtaining the Permission of the Government Commission for Share Deals

16 October 2024

It has been reported in public sources that the Sub-Commission of the Government Commission for Control of Foreign Investments in the Russian Federation (the “Sub-Commission”), which issues permits for the sale of Russian assets by companies from ‘unfriendly’ countries, has decided to tighten the conditions for the exit of foreign companies from the Russian market.