On 8 February 2023 Alexey Repik, the founder of R-Pharm – Russian pharmaceutical company, producing, among other things, drugs for COVID-19 (e.g. coronavir (favipiravir) and artlegia (olokizumab)) was listed in the UK Sanctions List.

Reasoning behind this decision is that he holds the position of the Chairman of the Board of R-Pharm, which receives financing from the Russian Direct Investment Fund – a Government of Russia-affiliated entity. Moreover, Alexey Repik is also designated as a person associated with Vladimir Putin, the Russian President.

If you cannot access the website of a Russian state body or a bank check whether its SSL/TLS certificate has been revoked.

Partial mobilization has been announced in Russia since 21 September 2022, under terms of which several citizens can be called up for military service. However, the law, and subsequently explanations of representatives of authorities, established cases when a deferral from conscription is granted.

Current legislation contains certain requirements that employers should oblige with during mobilization process.

Partial mobilization, introduced in Russia from 21 September 2022, raises many questions. Consequently, state bodies issue additional acts and clarifications, including those that cover employment relations.

On 30 September the Government approved Resolution No. 1729, which established new rules for the accreditation of Russian IT companies, replacing the procedure that was effective until 1 August.

Pursuant to the Decree, which established a special procedure for transactions with shares of Russian LLC, on 19 September 2022 the Government adopted Resolution on the procedure for issuing permits for such transactions.

The President issued Decree No 618 dated 08 September 2022, which established additional restrictions on transactions involving foreign persons in relation to shares of Russian limited liability companies.

On July 13, 2022, the President of Russia has signed the Federal Law No. 235-FZ “On Amendments to Article 15.25 of the Code of Administrative Offences of the Russian Federation”, which introduced significant changes in the application of administrative liability measures for violation of currency legislation.

On July 5, 2022, the President of the Russian Federation issued Decree No. 430 “On the Repatriation of Foreign Currency and the Currency of the Russian Federation by Residents Participating in Foreign Economic Activity”.