PUBLICATIONS

What comes into force in May: operator liability and the fight against fraudstersNew legislative initiatives concerning personal data are expected to come into force in May. Among them is the law on the register of alimony debtors. Elena Lebets, an Associate in the Dispute Resolution Practice at Nordic Star, assessed the effectiveness of creating such […]

T-Bank has filed an appeal against the decision of the first instance court in the fight to lift EU sanctions, insisting on the lifting of restrictions imposed on its activities in the Russian financial sector. In its appeal, T-Bank cites violations of the principles of proportionality and equivalence, as well as violations of the rights

Baltika Breweries has filed a lawsuit with the Intellectual Property Court against Rospatent for refusing to register a new trademark for its line of energy drinks. The trademark includes an image of a roaring tiger and text elements: T.G.R., Power, Energy. Rospatent based its refusal on several grounds. Firstly, the word “Force” has already been

As the 2025 tourist season approaches, Russian hoteliers are facing a number of significant changes that could affect their operations. According to the new Accommodation Classification Rules and Classification Regulations, the hotel category now includes not only traditional hotels, but also aparthotels, sanatoriums, recreation centres and campsites. In 2024, a bill was actively discussed to

New requirements for investors and violations abroadLast week, the Central Bank of Russia unveiled new regulations for the certification of qualified investors, clarifying the requirements for education levels, financial indicators and professional experience. Another important initiative was the decision to switch all key critical infrastructure facilities to domestic software; the government will announce the timing

Sergei Gordeev has lost his status as the largest shareholder in PIK Group. His stake has fallen to a level that does not allow him to block decisions: he now owns only 15.15% of the company’s shares. A representative of the businessman confirmed this information, adding that some of his shares were sold to a

Businessman Oleg Deripaska and his Cyprus-based company Filatona Trading have filed a lawsuit in the High Court of England and Wales against the intelligence unit of international consultancy CT Group and its former employees, according to court documents. Deripaska and Filatona are seeking to trace the origins of an allegedly forged document that inflated the

The Belgian authorities have granted Euroclear permission to unblock some of the funds held in the National Settlement Depository (NSD) account. This decision will allow Euroclear to pay compensation to its clients who have suffered losses as a result of Russian court rulings and counter-sanctions. The compensation will be paid to Euroclear clients affected by

By the end of 2024, the flow of deals involving the exit of “unfriendly” companies had virtually dried up. However, with Russian or “friendly” companies occupying the niches left by foreigners, the role of emergency regulation did not end. Special rules will affect both those who have successfully acquired an unfriendly asset and those who

Alfa-Bank has started transfers for companies to Serbia in local dinars, a source in the bank told Vedomosti. The information was confirmed by the bank’s hotline operator. The change is also reflected in the list of rates on the bank’s website. As of 31 March, transfers in Serbian dinars will be available in three Alfa-Bank