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Mandatory labeling of commodities and system for monitoring circulation thereof in Russia
On 1 January 2019 amendments to the Federal Laws “On the Basics of State Regulation of Trading Activities in the Russian Federation” and “On the Use of Cash Registers when Making Settlements in the Russian Federation”, introduced by Federal Law No. 488 – FZ of 25.12.2018, came into force, providing for the creation of a state information system for monitoring the circulation of commodities subject to mandatory labeling by means of identification, and requirements to it.
Changes in the regulation of medicines circulation in Russia in 2019
This review highlights some significant changes in federal laws and other regulatory legal acts in Russia that regulate the circulation of medicines.
Changes in the procedure for admission of foreign medical devices and medicines to public procurement in Russia
On 1 January 2019, amendments to the Resolution of the Government of the Russian Federation No. 102 of 05.02.2015 that provides for restrictions and conditions for the admission of certain types of medical devices originating from foreign countries for the purpose of procurement for state and municipal needs ("Resolution No. 102")[1] and the Resolution of the Government of the Russian Federation dated November 30, 2015 No. 1289 that establishes the restrictions and conditions for admission for the purposes of procurement to ensure the state and municipal needs of medicinal products originating from foreign countries included in the list of vital and essential drugs (VED) ("Resolution No. 1289")[2], came into force.
Google LLC is fined for non-compliance with Russian law
On 26 November 2018, the Office of the Federal Service for Supervision of Communications, Information Technology and Mass Media (Roskomnadzor) in the Central Federal District initiated an administrative case against Google, LLC due to the company's failure to fulfill its obligations to connect to the federal state information system containing a list of information resources, information and telecommunication networks, access to which is restricted in Russia (FGIS ).
30.11.2018
Fate of Pledge (Lien) in Bankruptcy Cases
This article discusses the features of foreclosure on the subject of a pledge. The author focuses attention on the fate of a pledge, as an encumbrance on the subject, which was a guarantee of the fulfillment of the Debtor’s obligations to the creditor. The conflict between the norms of the Civil Code and the Federal Law “On Insolvency (Bankruptcy)” is considered, supported by relevant examples from judicial practice.
Innovation scientific and technological centres in Russia, tax and other incentives for their participants
Since August 10, 2017, the Federal Law of July 29, 2017 No. 216-FZ has been in effect in Russia, providing for the legal basis for establishment and operation of innovation scientific and technological centres in order to implement the priorities of the scientific and technological development of the Russian Federation, increase the investment attractiveness of research and development, the commercialisation of their results, incentives for persons involved in the implementation of such projects, the features of their activities, including urban planning, educational and medical activities (the "Law No. 216-FZ").
Administrative and criminal liability for a failure to remove information damaging business reputation in the Internet
Since April 23, 2018, the provisions of the Federal Law No. 229-ФЗ "On Enforcement Proceedings" dated October 2, 2007, regulate the procedure for enforcement of the requirement contained in the executive document to remove information distributed on the Internet that defames the honor, dignity or damages business reputation of a citizen or damages business reputation of a legal entity.
25.08.2018
Small and medium businesses development in Russia: legal updates
In July and August 2018, the Federal Laws were signed aimed to expand:
- measures of property support for small and medium businesses;
- criteria to qualify as small and medium business entities.
25.08.2018
International companies: a new way of doing business in Russia
The Federal Law dated 03 August 2018 No. 290-FZ “On International Companies” (“Law No. 290-FZ”) defines the legal status of international companies - an economic organisation with the status of an international company registered in the Unified State Register of Legal Entities (USRLE) in connection with the change of a personal law by a foreign legal entity by way of redomiciliation, specific features of its activities, reorganisation and liquidation, as well as the recording and exercising of rights to its securities.
22.08.2018
Recognition and enforcement of foreign judgements in the territoryof Russia
Stable international cooperation in the area of trade and civil turnover is only possible where foreign counterparties and businessmen are confident about protection of their rights in the territory of a foreign state.