Sanctions. Examples. Solutions #12

The autumn 2022 seems to be very active in Russia due to various legislative changes. Among the major ones is the Law ‘On Personal Data’. Starting from 1^st September, all businesses have started feeling its amendments.
Join us for an active discussion on practical issues on the 23^rd of September in our Moscow office or online.

TOPICS

Sanctions and counter-measures update

Speaker: Natalia Dobrova

• Status on Russian draft laws (external administration, etc.)
• Practical implications on banking payments – official and unofficial rules
• Lightening of currency control measures by the Russian Central Bank, new types of operations allowed
• Settlements with foreign partners
• Q&A

Practical divestiture experiences

Speaker: Alexander Titov

• Dormant status
• MBO with Russian managers
• Minority shareholder with SCHNEIDER GROUP for MBO
• Call and put option agreements with Russian manager
• Q&A

Changes of the Personal Data Law

Speaker: Denis Bushnev

• Challenges for businesses;
• How to handle them and what are the practical approaches?
• Current penalties for breaches and what’s new should be expected?
• Q&A Session