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Since the end of September, the National Bank of Kyrgyzstan has banned the country’s banks from making settlements under contracts without actual delivery of goods to Kyrgyz territory. The decision was taken against the background of problems experienced by Russian companies with payments via Kyrgyzstan. “To establish a one-year restriction on the ability of organisations […]

Some Chinese banks have introduced territorial restrictions on opening accounts for local suppliers working with Russian importers. They do not allow the Chinese to open accounts if the supplier tries to do so outside the province where it has its main activities, five sources from the importers and intermediaries told Vedomosti. “Such cases are becoming

In recent years, the number of private investors in the Russian stock market has grown rapidly, as has the total amount invested. However, not all investors can fully assess the risks of certain investments. From time to time they lose their investments and then join together in class actions against issuers. At the same time,

Against the backdrop of the yuan shortage, VTB Shanghai began offering importers the opportunity to independently find exporters who receive foreign currency earnings and bring them to the branch for service. Then, VTB promises, payments from importers to their Chinese counterparts will be made quickly and without additional commissions, as they will come from this

With a turn to the East in 2022, China has become Russia’s largest economic partner – the volume of trade with the Asian country in January-April 2024 increased by 4.7% in annual terms and reached $76.58 billion. For the whole of last year, the trade turnover between the two countries was a record – $240.11

10 thousand subscribers may bring content creators to Roskomnadzor’s register Bloggers with an audience of more than 10 thousand subscribers may be required to undergo verification and submit data about themselves to Roskomnadzor’s register, according to amendments to the law approved by the relevant State Duma committee. Without verification, bloggers will effectively lose the ability

This year, new home buyers will have another reason to be nervous due to changes in legislation. Arina Dovzhenko, partner, head of the real estate and construction practice at Nordic Star , in her material for RIA Real Estate spoke about the problems a shareholder may encounter when taking possession of an apartment in 2024.

The deadline for filing applications for the registration of an invention that has already been demonstrated at exhibitions or whose information has already been published in scientific journals is planned to be extended from six months to a year. These amendments to the Civil Code by the Ministry of Economic Development have been approved by

More than 95% of all computer programs in the world are, on average, 70% “free software” – pieces of code that are open for use. But the rights of the authors of these pieces are protected by licenses, and not all of them are free, lawyers from the Intellectual Property and Information Technologies practice of

Two years ago, almost all foreign law firms left Russia, some of which opened Moscow and Leningrad representative offices back in the days of the late USSR. Online, not only the legal map, once clearly segmented by “elfs” and “rulfs”, changed, but also client portfolios and the business climate: with the departure of transnational players,