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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").

Changes to Counter-Sanctions Regulations (June 2026)

09 June 2026

On June 1, 2026, the decision of the Bank of Russia Working Group dated June 1, 2026  No. PRG-43-11/1199 (hereinafter – “Decision”) and Presidential Decree No. 377 dated June 1, 2026 “On Amending Presidential Decree No. 95 of March 5, 2022 ‘On the Temporary Procedure for Fulfilling Obligations to Certain Foreign Creditors’” (hereinafter – “Decree No. 377”) were published, introducing changes to the current counter-sanctions regulation.

Draft Law on Consolidated Financial Statements: Conditions and Exemptions

04 February 2026

On January 20, the State Duma adopted in the first reading Draft Law No. 1082205-8 ("the Draft Law"), which exempts a number of legal entities from the obligation to submit mandatory consolidated financial statements ("CFS"). The Government of the Russian Federation acted as the subject of the right of legislative initiative.

The Draft Law amends Federal Law No. 208-FZ dated 27 July 2010 "On Consolidated Financial Statements" and Federal Law No. 39-FZ dated 22 April 1996 "On the Securities Market."


Changes to the Procedure for Paying the Actual Value of a Share in an LLC Came into Force

30 December 2025

On 28 December 2025, the President of the Russian Federation has signed Federal Law No. 514-FZ "On Amending the Federal Law 'On Limited Liability Companies' and Certain Legislative Acts of the Russian Federation" (hereinafter, the "Law"), which introduces changes to the procedure for paying the actual value of a share in limited liability companies (hereinafter, the "LLC").