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Termination Of the Repurchase Right: New Rules for Foreign Investors Who Have Left Russia

31 July 2026

The State Duma adopted in the third reading on 21 July 2026 the Federal Law "On Amendments to Article 5 of the Federal Law 'On International Companies and International Foundations' and Certain Legislative Acts of the Russian Federation" (hereinafter referred to as the "Law").

The amendments introduce Article 20¹ into the Law on Foreign Investments, which enables Russian companies to terminate, through judicial proceedings, their obligations to repurchase assets from former foreign owners. Moreover, a Russian company may initiate the termination of the repurchase right irrespective of whether the former owner has made a demand to exercise it.

Changes To Counter-Sanctions Regulations in July 2026

30 July 2026
On July 10, 2026, the Ministry of Finance of the Russian Federation issued Official Clarification No. 5 ("Clarification No. 5") on the application of Decree of the President of the Russian Federation No. 618 dated September 8, 2022, "On the Special Procedure for Carrying Out (Executing) Certain Types of Transactions (Operations) Between Certain Persons" ("Decree No. 618").

Artificial Intelligence Draft Law Passed by the State Duma

20 July 2026
On 8 July 2026, the State Duma passed, at its third reading, draft federal law No. 1271570-8 “On Supporting the Development of Artificial Intelligence Technologies in the Russian Federation” (hereinafter referred to as “the Act” / “the AI Act”). The Act consists of just 13 articles and is of a framework nature. We expect the first subordinate legislation to be adopted in autumn 2026.

Procedure for Verifying Product Cards on Marketplaces Approved

13 July 2026

On 2 July 2026, the Russian Government published RF Government Resolution No. 821 “On the Procedure for the Verification by the Operator of an Intermediary Digital Platform of the Information Contained in a Product, Work or Service Card Placed on the Intermediary Digital Platform, as Provided for in Clause 1 of Part 1 and Part 2 of Article 7 of the Federal Law ‘On Certain Issues of Regulating the Platform Economy in the Russian Federation’” (hereinafter, the “Resolution No. 821”).

Amendments to Legislation on Control and Supervision Providing for the Immediate Prohibition of the Sale of Products, Including those Subject to Mandatory Labelling

08 July 2026

On 24 June 2026, Draft Law No. 1209354-8 “On Amending Certain Legislative Acts of the Russian Federation” (“Draft Law”) was passed at first reading.

The Draft Law aims to establish a mechanism for control and supervisory authorities to respond promptly to threats to the life and health of citizens arising from the circulation of products, including goods subject to mandatory labelling.