MEDIA COVERAGE
1 June 2017

On toughening of compensation for non-resident transport services in Ukraine | commentary of Oleksandr Maydanyk, Bloomberg BNA

Non-resident taxpayers in Ukraine will incur a 15 percent tax on compensation for international transportation services when they act as intermediaries for these services, the Ukrainian State Fiscal Service (SFS) has said.

31 May 2017

EPAM Advises on Transfer of Motor Insurance Portfolio | CEE Legal Matters

Egorov, Puginsky, Afanasiev and Partners has successfully assisted on the transfer of JSC Uralsib's motor insurance portfolio to JSC Reliance.

12 May 2017

GCR Know how – Information Exchange 2017 – Russia Chapter | by Evgeny Bolshakov and Oksana Akhmedova

The information exchange, as such, is not prohibited by the effective Russian Federal Law On Protection of Competition (the Competition Law or Law), but the content of the information exchange between business entities and its consequences are important. Generally, a confirmed exchange of any commercially important information (about prices, production volumes, etc) may be treated as showing that there is an anticompetitive arrangement between companies that will be qualified as a cartel, if the information is exchanged between competitors and if the exchange agreement has resulted in variation of prices, lowering the number of market players or gaining a competitive advantage (article 11 of the Competition Law).

13 April 2017

Russia: Roskomandzor’s decision to restrict access to Zello a “warning sign” for companies | commentary by Pavel Sadovsky and Maria Demina, DataGuidance

The Federal Service for the Supervision of Communications, Information Technology and Mass Communications (‘Roskomnadzor’) announced, on 10 April 2017, that pursuant to its decision of 6 April 2017 No. 8 (‘the Decision’), it had ordered telecommunications operators to restrict access to Zello Inc.’s services within Russia after the company failed to inform the Roskomnadzor of the storage on its servers of all electronic messages sent using Zello’s website and apps. According to Federal Law of 27 July 2006 No. 149-FZ on Information, Information Technologies and Protection of Information, as amended (‘the Law’), ‘information distributors’ are obliged to notify the Roskomnadzor of their compliance with localisation and retention obligations under the Law.

13 March 2017

Application of the New York Convention to Foreign Judgments: Analysis of the Wrong Approach of Russian Courts | by Mikhail Samoylov

Although the New York Convention is applicable to the recognition and enforcement of foreign arbitral awards, the Convention has a parallel application in Russia — judges employ the Convention for the recognition and enforcement of foreign judgments.

28 February 2017

Contracts, negotiations and enforcement in the Russian Federation: overview | Daria Ilyina, Practical Law Global Guide 2016/17

Daria Ilyina, Senior Associate, on contracts, negotiations and enforcement in the Russian Federation.