On December 11, 2024, Moscow hosted XV Indian-Russian Business-Dialogue Forum. Organised by the Indian Business Alliance, the Business Council for Cooperation with India, the Moscow Government, and Roscongress, the event gathered together leading politicians, business leaders, and experts to discuss key economic issues and explore new opportunities for collaboration.

On June 12, 2024, the Bureau of Industry and Security (BIS) announced the imposition of trade sanctions in the form of a temporary denial order (TDO) against a number of Russian and foreign companies and individuals.

The Lidings team took immediate action to challenge the TDO to exclude its clients from the restrictions list.

On 5 December 2024 the results of the annual Pravo-300 law firms’ ranking were announced at an awarding ceremony at The Carlton Hotel in Moscow. This year Lidings expertise is highly praised in 17 key practice areas.

On 29 November 2024, Federal Law No. 416-FZ “On Amendments to Part Two of the Tax Code of the Russian Federation and Certain Legislative Acts of the Russian Federation” (hereinafter referred to as the “Law”) was officially published. The Law amends the Article 270 of the Tax Code of the Russian Federation (hereinafter referred to as the “Tax Code”) which determines the list of expenses that cannot be deducted for profits tax purposes.

On November 20, 2024, the Ministry of Industry and Trade prepared a draft of amendments to the rules for providing access to information contained in state information monitoring system, approved by Government Decree No. 1955 dated 31.12.2019.

More in our update.

On November 27, 2024 the Federation Council approved laws amending the Criminal Code of the Russian Federation (hereinafter referred as the “Criminal Code”) and the Code of Administrative Offences of Russian Federation (hereinafter referred as the “Administrative Offences Code”) to and toughening liability for violations of law in the area of personal data (in accordance with the previously introduced Draft Laws: No. 502104-8 “On Amending the Code of Administrative Offences of the Russian Federation” and No. 502113-8 “On Amending the Criminal Code of the Russian Federation”).

More in our update.

On November 22, 2024, the Government of the Russian Federation (the “Government”) approved Resolution No. 1607 dated November 22, 2024 (the “Resolution”) on the experiment in the territory of the Russian Federation to conduct monitoring of Russian manufacturers of goods which are subject to mandatory marking with means of identification using the state information monitoring system for the circulation of goods subject to mandatory marking with means of identification (the “Experiment”).

More in our update.

Lidings’ Intellectual Property practice team succeeded in obtaining cancellation of registration of a drug in a dispute against the holder of the marketing authorisation (MA) due to the fact that during the process of registration of a generic drug product the Ministry of Health of Russia received false information from the holder of the MA.