Garant. Daily monitoring of the Federal legislation at 12.07.2024

• Information statement of the Ministry of Economic Development of the Russian Federation, dated July 11, 2024 - average prices for the previous tax period for the corresponding types of hydrocarbon raw materials produced at a new offshore hydrocarbon field for the period from June 1 to June 30, 2024
  
   
• Order of the Federal Treasury No. 2n of May 7, 2024 - approval of the Working Chart of Accounts for centralised accounting and the Rules for formation of the accounting code, as well as the procedure for making changes to the Working Chart of Accounts for centralised accounting within the framework of a unified accounting policy
  
   
• Direction of the Bank of Russia No. 6681-U of February 12, 2024 - requirements for brokerage activities when a broker performs individual transactions at the expense of the client
  
   

Dear colleagues,

this Newsletter to be sent once a week on Fridays in order to keep you informed of the most significant legal developments in the Russian legislation and to assist you in navigating within the ever-increasing information traffic.

You may apply to the GARANT Company for the current wording of any document contained in the newsletter. This is the most reliable option to obtain translations of the Russian legal acts that are being updated weekly.

Visit our website and enjoy some privileges:  

• ordering fix price documents
• demo-version of GARANT system online 

News of the week

Economically significant organisations (ESO) must inform the Ministry of Economic Development about the fact of presence or absence of foreign persons (entities) that directly or indirectly own shares (stakes) in these organisations. If such organisations or their subsidiaries are credit or non-credit financial institutions, the information must be sent to the Bank of Russia.

The Bank of Russia and the Ministry of Economic Development may share such information, upon the request, with a court, the Prosecutor General's Office, the Investigative Committee, the Ministry of Internal Affairs and the Federal Security Service of Russia, for review in connection with criminal or administrative cases pending in their proceedings.

Owners with a stake of less than 5% do not need to be reported if shares of an ESO are admitted to trading on the stock exchange.

The Bank of Russia and the Ministry of Economic Development, upon the request of ESO, are entitled to issue reports on the presence (absence) of foreign owners with a validity period of three months. Based on such reports, it is possible to draw up independent reports on compliance with the requirements by ESO owners for submitting to authorities or other persons.

! Documents' full texts are avaiable in the commercial version of the Garant database «Legislation of Russia in English»

More helpful information

In a new video, we would like to come across with some helpful information on the extraordinary features of the GARANT's Legislation of Russia in English, ensuring the most convenient document management. 

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Important documents of the week that you might have missed

• Federal Law No. 158-FZ of June 22, 2024 on amending the Federal Law on Information, Information Technologies and the Protection of Information and Articles 11 and 15 of the Federal Law on the Activities of Foreign Persons on the Internet in the Russian Federation - The procedure for restricting access to copies of blocked sites has been simplified.
• Federal Law No. 145-FZ of June 22, 2024 on the legalization of Russian and foreign official documents and on the requisition of personal documents.

You may apply to the GARANT Company for any document from the newsletter in its current wording. Visit our website and enjoy some privileges: 

• ordering fix price documents
• demo-version of GARANT system online