Press Center: Legal updates
Circle of Good
Foundation for support of children with severe life-threatening and chronic diseases, including rare (orphan) diseases (“Circle of Good” or “Fund”) was established by the decree of the President of the Russian Federation in 2021.
New tools for corporate financing in Russia-convertible loan
On 23.06.2021 the Federation Council approved the Law on Convertible Loan. After the law is signed by the President of the Russian Federation, it will enter into force within 10 days.
Registrars of the registers of JSC will have to submit the information about shareholders to the Federal Service of State Statistics
On 01.09.2021 Federal Law No. 174-FZ dd 11.06.2021 (the Law) enters into force.
The USA has imposed sanctions on Russian suppliers of medical devices and equipment
On March, 2021 the US Department of Commerce has imposed sanctions on Russian suppliers of medical devices and equipment due to suspicion of developing chemical weapons.
New article 1360.1 will be implemented to the Russian Civil Code
The Draft Law № 912458-7 “On amendments to the part four of the Russian Civil Code” has passed through the third reading in the State Duma on 25 May 2021. The Draft Law implements article 1360.1 to part four of the Russian Civil Code.
Rospatent plans to launch the register of pharmaceutical patents in 2021
The draft law “On amendments to Federal Law “On drugs circulation” had been already amended with a provision on the creation of a unified Register of pharmacologically active substances in 2019.
New version of art. 1360 of the Russian Civil Code
The Russian President approved Law No. 107-FZ “On amendments to art. 1360 of the 4th part of the Russian Civil Code”(“Law”) on 30 April 2021.
Written consent to personal data processing: a new approach of Draft Law № 992331-7
Currently the Draft Law No. 992331-7 is considered by the Russian Federation State Duma. Perhaps it is the most anticipated document in the field of personal data since the proposed changes in 152-FZ are designed to reduce the number of pain points for both operators and consultants in the information protection sphere.
Russia’s Supreme Court provides clarification on the sale of tourism products and air transportation of passengers in the context of COVID-19
The Supreme Court in its Review as of on judicial practice related to the application of legislation in the context of measures to combat the spread of COVID-19 No.31 (“Review”), paid special attention to issues in the field of tourism and air transportation.