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The Government Has Defined Criteria for Assets of Financial Organizations Subject to Antimonopoly Control

19 May 2025

On May 14, 2025, the Resolution of the Government of the Russian Federation № 608 dated 08.05.2025 (hereinafter - “Resolution”) was published on the Official Portal of Legal Information. It establishes the threshold values of the assets of financial organizations supervised by the Bank of Russia; exceeding these amounts, organizations shall obtain the prior consent of the Federal Antimonopoly Service of Russia (hereinafter - “FAS of Russia”) is required.

Amendments to the Procedure for the State Register Medicines Maintaining: What Has Changed?

15 May 2025

On 6 May 2025, the updated version of the Order of the Ministry of Health dated 9 February 2016 No. 80n “On the Approval of the Procedure for Maintaining the State Register of Medicines for Medical Use” (the “Order”) came into force. The amendments were made in accordance with Order of the Russian Ministry of Health dated 17 March 2025 No. 129n, officially published on 25 April 2025.

Lidings – Strategic Partner of the Conference on Legal Issues in Pharmaceutical Industry

10 April 2025

April 10th, 2025 annual conference Pharmaceuticals – 2025: Legal Issues will take place in Moscow organized by Pravo.ru. Lidings lawyers take an active part in the event’s program.

As a strategic partner of the conference, we aimed to make the program rich and actual. Together with pharmaceutical industry experts and lawyers, we will discuss how the market has changed in 2024 and what awaits us in 2025.

Lidings Creates Information Resource for Simplifying Cryptocurrency Accounting and Tax Reporting

31 March 2025
Starting from 2025, the Russian Tax Code includes regulations on cryptocurrency (digital currency) taxation. The Code provides an answer to one of the key questions - how to convert cryptocurrency value into rubles for accounting and tax calculation purposes. For this purpose, a market quotation mechanism has been introduced, applicable to corporate income tax (new Article 282.3 of the Tax Code) and personal income tax (revised clause 1 of Article 211 of the Tax Code).

Anti-Corruption Compliance: Conditions For Legal Entities to Develop Anti-Corruption Compliance Policy

26 March 2025 “Business Quarterly” Publication, Association of European Businesses,March 2025

Corruption remains one of the key threats to sustainable business development. Corruption scandals demonstrate the disastrous consequences of corruption revelations for companies: multimillion dollar fines, criminal prosecutions of executives, reputational damage and loss of investor confidence.

Lidings - Appointed Exclusive Representative of WEX Crypto Exchange for Accepting Applications of Clients for Refunds – Informs on the Current Status of the Refund Procedure

26 March 2025

As previously communicated to WEX clients, the submission of applications and the compilation of client dossiers were suspended as of September 1, 2024. 

All applications submitted before this deadline have been processed, and the corresponding dossiers have been compiled and submitted to WEX’s management for review. We are pleased to report that significant progress has been made in locating clients, verifying their identities, and obtaining documentation confirming the lawful origin of their funds.