In the course of regular updates on Russian counter-sanctions measures, we would like to provide you with summarized information on:

• new Official Clarifications published[1] by the Ministry of Finance on October 14, 2022; and
• new Presidential Decree No. 737 published on October 15, 2022.

The above have hugely updated the current counter-sanction FDI regime in Russia, in particular, new transactions requiring counter-sanctions approval were added (e.g., indirect deals with shares in Russian JSCs and transfers of 1% of shares in banks and financial institutions, etc.).

Follow the link to learn more.

https://www.alrud.com/upload/%D0%A4%D0%B0%D0%B9%D0%BB%D1%8B/%D0%A1ounter-Sanctions_regime_in_Russia_-_new_Official_Clarifications_on_Decree_No._618_and_new_Presidential_Decree_No._737.pdf