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Reform of the Russian Civil Code Provisions on Financial Transactions: A Brief Overview

by Maria Grechishkina | Jan 25, 2018 | Blog, M&S Updates

As a part of the ongoing modernization of the Civil Code, Federal Law No 212-FZ “On the Introduction of Amendments to Parts One and Two of the Civil Code and Certain Legislative Acts of the Russian Federation” (the “Law”) was adopted on July 26, 2017. The proposed...

Kaspersky Lab challenges the U.S. Government ban on its products

by Marks & Sokolov, LLC | Jan 23, 2018 | Blog, M&S Updates

January 23, 2018 Bruce Marks gives an interview to RIA News on US government’s decision to ban the use of Kaspersky Lab products in federal agencies. He thinks that the Russian brand of security software doesn’t have any chances to appeal the decision. The...

Significant Changes to the Russian Arbitration System is to Take Effect on September 1, 2016

by Maria Grechishkina | Aug 30, 2016 | Blog, M&S Updates

Major changes to the domestic and international arbitration in Russia will come in effect on September 1, 2016. The changes were introduced by Federal Law No. 382-FZ “On Arbitration in the Russian Federation,” and Federal Law No. 409-FZ “On Amending Certain...

Banks and Insurance Companies Will Identify Foreign Clients

by Marks & Sokolov, LLC | Feb 17, 2016 | Blog, Publications

New reporting requirements to organizations involved in providing banking, financing and insurance service have been implemented. The requirement concerns monetary and other transactions involving property. The organizations are required to collect information on...

How to dismiss head of representative office of a foreign company in Russia

by Marks & Sokolov, LLC | Apr 7, 2015 | Blog, Publications

Marks & Sokolov attorneys obtained a civil judgment unveiling the grey area of Russian labor law in dispute between foreign company and the head of its Russian representative office What the case involved: a foreign company having its representative office in...

Overview of Amendments to the Tax Code of the Russian Federation

by Marks & Sokolov, LLC | Mar 10, 2015 | Blog, Publications

On January 1, 2015 the law of the Russian Federation, No. 376-FZ of November 24, 2015 “On introduction of amendments into Parts One and Two of the Tax Code of the Russian Federation” (hereinafter, the “Law”) came into force. The Law is designed to prevent the abuse of...
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