Temporarily simplified procedure for approval of transactions with the FAS Russia for the period until the end of 2022

August, 2022 - Russia

Temporarily, for the period until the end of 2022, significant changes have been made to the mode of approval of transactions with the FAS Russia. These changes affect the process of obtaining prior approval from the FAS Russia for many M&A transactions, and may be particularly relevant for transactions involving the buyout of local subdivisions of foreign companies by Russian management.

On July 14, 2022, Federal Law No. 286-FZ came into force, according to which, for certain transactions with shares (interests) / property / assets / rights in relation to commercial and financial organizations, it is temporarily (until the end of 2022) not required to obtain prior consent FAS Russia.

You can find out the details by following the link below.


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Practice: Antitrust regulation

Note: Please note that all information was taken from open sources. The authors of this letter are not responsible for the consequences that arose as a result of making decisions based on this information.