Monitoring of the Federal Legislation dated 31.10.2008

Direction of the Central Bank of Russia No. 2069-U of September 19, 2008 on the Particulars of Granting the Rights to Credit Organisations to Average out Obligatory Reserves

To regulate the current liquidity, credit organisations may average out obligatory reserves.

Order of the Federal Customs Service No. 1157 of September 22, 2008 on the Amendments to the Order of the Federal Customs Service of Russia No. 1057 of September 4, 2007

To improve the procedure of declaring of commodities moved across the customs border of the Russian Federation, adjusts the procedure of filling of the cargo customs declaration.

Decision of the Government of the Russian Federation No. 724 of September 29, 2008 on the Endorsement of the Procedure of Keeping of the State Register of Self-Regulating Organisations

Introduces a procedure of keeping of the Register of Self-Regulating Organisations.

Order of the Ministry of Regional Development of the Russian Federation No. 168 of September 18, 2008 on the Average Market Cost of 1 Square Meter of Total Dwelling Space for the Subjects of the Russian Federation for the IV Quarter of 2008

Endorses the average market cost of 1 square meter of total dwelling space for the subjects of the Russian Federation for all categories of citizens getting subsidies (allocated for the IV quarter of 2008 from the federal budget) for the purchase of dwelling space.

Direction of the Central Bank of Russia No. 2076-U of September 24, 2008 on the Amendments to the Instruction of the Bank of Russia No. 108-I of December 1, 2003 on the Organisation of Inspection Activities of the Central Bank of the Russian Federation (Bank of Russia)

Adjusts the procedure of inspection activities of the Bank of Russia.

Federal Law No. 165-FZ of October 1, 2008 on the Ratification of the Treaty between the Russian Federation and the Islamic Republic of Afghanistan on the Handing over of Persons Convicted for Imprisonment for Punishment

The ratified Treaty regulates Russian-Afghan relations in the issues of handing over to each other for punishment in the state of their citizenship of persons convicted for imprisonment.

Federal Law No. 164-FZ of October 1, 2008 on the Ratification of the Agreement on the Cooperation of the CIS Member-States in the Combating of Crimes in the Sphere of Computer Information

Ratifies the Agreement on cooperation of CIS member-states in the combating of crimes in the sphere of computer information.

Federal Law No. 163-FZ of October 1, 2008 on the Amendments to Article 14 of the Federal Law on the Citizenship of the Russian Federation

Introduces a simplified procedure of granting Russian citizenship to participants of the state program of assistance of voluntary resettlement to the Russian Federation of compatriots living abroad.

Order of the Federal Service for Financial Markets No. 08-30/pz-n of July 29, 2008 on the Procedure of Calculation of the Cost of One Investment Share in the Cases of Redemption of Investment Shares from the Person Having Failed to Fulfil the Duty to Pay for the Uncovered Parts of Investment Shares

Specifies the procedure of calculation of the cost of one investment share for the cases of redemption of investment shares from the person having failed to fulfil the duty to pay for the uncovered parts of investment shares.

Direction of the Central Bank of Russia No. 2070-U of September 23, 2008 on the Amendments to the Direction of the Bank of Russia No. 1365-U of December 30, 2003 on the Particulars of Carrying out of Direct REPO Operations with Credit Organisations for the Bank of Russia

Introduces changes to the terms of processing by the Bank of Russia of requests for direct REPO transactions.

Order of the Ministry of Transport of the Russian Federation No. 141 of September 5, 2008 on the Endorsement of the Federal Aviation Rules "Rules of Transportation of Hazardous Cargo by Air Vessels of the Civil Aviation"

Specifies the procedure of transportation by air vessels of civil aviation of hazardous cargo, including the restrictions for such transportation, rules of packing of hazardous cargo and labelling it, the duties of the consignor and the operating party.

Decision of the Government of the Russian Federation No. 739 of October 4, 2008 on the Amendments to the Customs Tariff of the Russian Federation for Individual Types of Metal Working Equipment

Introduces for 9 months the zero rates of import customs duties for hot rolling or combined hot and cold rolling mills for tableware, as well as the dressing and grinding machine-tools for tableware.

Decision of the Government of the Russian Federation No. 738 of October 4, 2008 on the Endorsement of the Rates of Import Customs Duties for Pulp of Eucalyptus

Introduces on the permanent basis reduced rates of import customs duties for pulp of eucalyptus.

Decision of the Government of the Russian Federation No. 737 of October 3, 2008 on the Amendments to Some Decisions of the Government of the Russian Federation on the Demand to Attract Foreign Workforce and Endorsement of Quotas for Employment of Foreign Workforce in the Russian Federation

Adjusts the procedure of increasing of the amount of quotas and/or adjustment of the qualification structure of quotas for the issue of employment permissions to foreign citizens.

Decision of the Government of the Russian Federation No. 744 of October 6, 2008 on the Endorsement of the List of Documents Confirming Observation of License Terms and Submitted by the Applicants to Get the Licenses for the Types of Activities Mentioned in the Federal Laws on Investment Funds and on Non-State Pension Funds

Improves state control over activities of joint-stock investment funds, management companies, specialised depositaries and non-state pension funds.

Order of the Federal Service for Financial Markets No. 08-37/pz-n of September 23, 2008 on the Amendments to the Order of the Federal Service for Financial Markets of Russia No. 08-11/pz-n of March 18, 2008 on the Endorsement of the Regulation on the Insurance Reserve of a Non-State Pension Fund

Changes the procedure of entry into force of the Order of the Federal Service for Financial Markets of Russia having endorsed the new regulation specifying the normative amount of the insurance reserve of a non-state pension fund, rules of its generation and use, as well as the procedure for making deductions to such reserve.

Decision of the Chief State Sanitary Physician of the Russian Federation No. 56 of October 1, 2008 on the Endorsement of SanPiN 2.3.2.2421-08

Adjusts hygienic safety and nutrient value requirements for foodstuffs.

Order of the Federal Service for Financial Markets No. 08-34/pz-n of September 11, 2008 on the Amendments to the Administrative Regulation on the Execution by the Federal Service for Financial Markets of the State Function of State Registration of the Issue (Additional Issue) of Emission Securities, Registration of Amendments to the Decision on the Issue (Additional Issue) and/or Prospectus of Securities, State Registration of the Report of the Results of Issue (Additional Issue) of Emission Securities, Registration of the Prospectus of Securities Endorsed by the Order of the Federal Service for Financial Markets of Russia No. 07-8/pz-n of January 30, 2007

The amendments are stipulated by the recent adjustment of the standards of issue of securities and registration of prospectuses of securities, as well as the procedure of disclosing of information by issuers of emission securities.

Order of the Federal Service for Financial Markets No. 08-29/pz-n of July 17, 2008 on the Endorsement of the Regulation on the Procedure and Terms of Opening of the Transit Depo Account and Carrying Operations on the Transit Depo Account

Monetary resources handed over in payment for the investment shares of the shared investment fund when it is formed must be received on the transit account opened to form this shared investment fund, uncertified securities - on a separate depo account opened in the specialised depositary of this fund (transit depo account).

Direction of the Central Bank of Russia No. 2085-U of October 3, 2008 on the Amendments to Item 3.2 of the Direction of the Bank of Russia No. 1904-U of November 12, 2007 on the Requirements of the Bank of Russia to the Figures of Accounting Reports and Other Information on the Organisations with Liabilities in Promissory Notes (Credit Contracts) Granted by Credit Organisations As a Security of the Credits of the Bank of Russia

To determine the compliance of organisations, the Bank of Russia assesses the following figures: profitability of sales, correlation of own and borrowed resources, current liquidity factor (total coverage ratio).

Letter of the Central Bank of Russia No. 125-T of October 6, 2008 on the Rouble Equivalents of the Figures in Compliance with the Direction of the Bank of Russia No. 1755-U of December 11, 2006

Specifies the rouble equivalents of the minimum amount of the registered capital for credit organisations for the IV quarter of 2008.

Federal Law No. 169-FZ of October 7, 2008 on the Ratification of the Additional Protocol to the European Outline Convention on Transfrontier Co-operation between Territorial Communities or Authorities

Ratifies the Additional Protocol to the European Outline Convention on Transfrontier Co-operation between Territorial Communities or Authorities of November 9, 1995 singed by the Russian Federation in Strasburg on October 4, 2006.

Federal Law No. 168-FZ of October 7, 2008 on the Ratification of Protocol 2 to the European Outline Convention on Transfrontier Co-operation between Territorial Communities or Authorities Pertaining to Interterritorial Cooperation

Ratifies Protocol 2 to the European Outline Convention on Transfrontier Co-operation between Territorial Communities or Authorities on interterritorial cooperation.

Decision of the Government of the Russian Federation No. 741 of October 4, 2008 on the Norms of Expenses in the Form of Losses from Bird and Animal Mortality

Endorses the norms of losses from bird and animal mortality.

Order of the Ministry of Transport of the Russian Federation No. 152 of September 18, 2008 on the Endorsement of the Obligatory Details and Procedure of Filling of Driver Trip Sheets

The charter of the motor transport and the ground electric transport prohibits the carrying of passengers and cargo without the drawing up of the driver trip sheet for the appropriate transport vehicle.

Decision of the Government of the Russian Federation No. 745 of October 10, 2008 on the Interim Rate of the Import Customs Duty for Bodies of Individual Types of Transport Vehicles

Introduces for 9 months a combined rate of the import customs duty for bodies of cars and other motor vehicles designed to carry up to 10 persons.

Order of the Ministry of Finance of the Russian Federation No. 95n of September 16, 2008 on the Endorsement of the Forms of the Tax Declaration and the Tax Estimate of the Advance Payment for the Land Tax and Their Filling Procedures

Endorses new forms of tax declarations for the land tax and the tax estimate of the advance payment for the land tax and their filling procedures.

Federal Law No. 173-FZ of October 13, 2008 on the Additional Measures to Support the Financial System of the Russian Federation

Additional measures are taken to support the Russian financial system in the presence of the world financial crisis.

Federal Law No. 172-FZ of October 13, 2008 on the Amendments to Article 174 of Part 2 of the Tax Code of the Russian Federation

VAT amounts accrued with taxpayers in the quarterly tax declarations must by transferred to the budget in equal portions no later than the 20th of each of the three months.

Federal Law No. 171-FZ of October 13, 2008 on the Amendments to Article 46 of the Federal Law on the Central Bank of the Russian Federation (Bank of Russia)

The Bank of Russia is empowered with authority to grant credits without the backing for up to six months to Russian credit organisations with a rating above the specified level.

Direction of the Central Bank of Russia No. 2048-U of October 3, 2008 on the Amendments to the Regulation of the Bank of Russia No. 312-P of November 12, 2007 on the Procedure for the Bank of Russia to Grant Credits Secured with Assets to Credit Organisations

Adjusts the procedure for the Bank of Russia to grant credits secured with assets to credit organisations.

Direction of the Central Bank of Russia No. 2080-U of September 26, 2008 on the Amendments to the Regulation of the Bank of Russia No. 258-P of June 1, 2004 on the Procedure for the Residents to Submit to the Authorised Banks Documents and Information of Confirmation Pertaining to Currency Operations with Non-Residents under Foreign Trade Transactions and for the Authorised Banks to Control Currency Operations

Adjusts the procedure of submission by residents to the authorised banks confirming documents and information pertaining to currency operations with non-residents under foreign trade transactions and of implementation of control by the authorised banks over currency operations.

Direction of the Central Bank of Russia No. 2075-U of September 24, 2008 on the Amendments to the Instruction of the Bank of Russia No. 105-I of August 25, 2003 on the Procedure for the Authorised Representatives of the Central Bank of the Russian Federation to Carry out Checks of Credit Organisations (Branches Thereof)

Amends the procedure to carry out checks of credit organisations (branches thereof).

Direction of the Central Bank of Russia No. 2073-U of September 23, 2008 on the Amendments to the Regulation of the Bank of Russia No. 266-P of December 24, 2004 on the Issuance of Bank Cards and Operations Carried out Using Pay Cards

Refines the procedure of issue of bank cards and carrying out operations using pay cards.

Order of the Federal Service for Tariff Rates No. 173-e/5 of September 17, 2008 on the Endorsement of the Methodology Recommendations on the Regulation of the Amount of Payment for Supply and Sales Services Rendered to End Users by Suppliers of Gas

Offers a new method of regulation and calculation of the amount of payment for supply and sales services rendered by suppliers of gas to end users.

Order of the Ministry of Finance of the Russian Federation No. 94n of September 11, 2008 on the Amendments to the Order of the Ministry of Finance of the Russian Federation No. 136n of November 7, 2006 on the Endorsement of the Form of the Tax Declaration for the Value Added Tax and Its Filling Procedure

Refines the list of codes of operations used to fill in the tax declaration for the given tax.

Order of the Federal Service for Financial Markets No. 08-36/pz-n of September 23, 2008 on the Amendments to the Regulation on the Composition and Structure of Assets of Joint-Stock Investment Funds and Assets of Shared Investment Funds Endorsed by the Order of the Federal Service for Financial Markets of Russia No. 08-19/pz-n of May 20, 2008

The assets of joint-stock and shared investment funds may include financial instruments where the basic assets is other property if this is directly envisaged only in the regulation on the composition and structure of assets - not in other acts of the Federal Service for Financial Markets as was the case earlier.

Order of the Ministry of Agriculture of the Russian Federation and the Ministry of Transport of the Russian Federation No. 405/137 of August 20, 2008 on the Endorsement of the Norms of Natural Loss of Ethyl Alcohol during Transportation

Introduces new norms of natural loss of ethyl alcohol during transportation.

Direction of the Central Bank of Russia No. 2078-U of September 24, 2008 on the Amendment to Item 22.16 of the Regulation of the Bank of Russia No. 279-P of November 9, 2005 on the Interim Administration to Manage the Credit Organisation

Newspaper Kommersant becomes an official source to publish information on bankruptcy of organisations instead of Rossiyskaya Gazeta.

Order of the Ministry of Foreign Affairs of the Russian Federation No. 13579 of September 3, 2008 on the Endorsement of the Administrative Regulation on the Execution of the State Function of the State Registration of Acts of Civil State of Citizens of the Russian Federation Living Outside the Territory of the Russian Federation

Adjusts the procedure of execution by the Ministry of Foreign Affairs of Russia of the state function of the state registration of acts of civil state of Russian citizens living outside the territory of the Russian Federation.

Decision of the Government of the Russian Federation No. 755 of October 13, 2008 on the Amendment to the Decision of the Government of the Russian Federation No. 346 of June 19, 2003

Adjusts the rules of informing of the insured of the state of the special part of the personal account and submission of application to choose the investment portfolio (management company).

Decision of the Government of the Russian Federation No. 753 of October 13, 2008 on the Amendments to Some Acts of the Government of the Russian Federation on the Authority of the Federal Bodies of Executive Power in the Sphere of Development of Small and Medium-Size Businesses

Amends regulations on some of the federal bodies of executive power endorsed by the Government of the Russian Federation.

Decision of the Government of the Russian Federation No. 749 of October 13, 2008 on the Particulars of Employee Business Trips

Specifies the procedural particulars when sending employees on business trips.

Decision of the Government of the Russian Federation No. 757 of October 13, 2008 on the Interim Rates of Import Customs Duties for Individual Types of Commodities of Medical Destination

Introduces for 9 months the zero rates of import customs duties for individual types of commodities of medical destination.

Decision of the Government of the Russian Federation No. 756 of October 13, 2008 on the Amendments to the Customs Tariff of the Russian Federation Pertaining to Individual Types of Spare Parts, Units and Equipment for Air Vessels, As Well As for Aircraft Simulators

Introduces temporary zero rates (for 9 months) of import customs duties for individual types of spare parts, units and equipment for air vessels, as well as for aircraft simulators for civil aviation.

Regulation of the Central Bank of Russia No. 323-P of October 16, 2008 on the Credits without Security Granted by the Bank of Russia to Russia Credit Organisations

In view of the world financial crises, the Bank of Russia is empowered with authority to grant credits to Russian credit organisations without the backing in roubles for up to six moths.

Direction of the Central Bank of Russia No. 2094-U of October 14, 2008 on the Amendment to Item 2 of the Direction of the Bank of Russia No. 2084-U of October 3, 2008 on the Amendments to the Regulation of the Bank of Russia No. 312-P of November 12, 2007 on the Procedure for the Bank of Russia to Grant Credits Secured with Assets to Credit Organisations

Revises the date of entry into force of the Direction of the Central Bank of Russia No. 2048-U having amended the procedure for the Bank of Russia to grant credits secured with assets to credit organisations.

Direction of the Central Bank of Russia No. 2091-U of October 14, 2008 on the Amendments to the Direction of the Bank of Russia No. 1517-U of November 17, 2004 on the Payments of the Bank of Russia on the Deposits of Natural Persons in the Bankrupt Banks Failing to Participate in the System of Obligatory Insurance of Deposits of Natural Persons in the Banks of the Russian Federation and on the Procedure of Interaction of Agent Banks with the Bank of Russia

The amendments are stipulated by the recent increase of the maximum amount of insurance for the deposits of citizens to Rbl 700,000.

Direction of the Central Bank of Russia No. 2069-U of October 14, 2008 on the Amendments to the Direction of the Bank of Russia No. 1979-U of February 14, 2008 on the Interest Rate for the Credits Secured with Assets

To stabilise the situation at the internal financial market and maintain the liquidity of the Russian banking sector, reduces from 9.5% to 9% annual the rate for the credits of the Central Bank of Russia secured with assets and granted for up to 30 calendar days inclusive.

Direction of the Central Bank of Russia No. 2095-U of October 14, 2008 on the Interest Rates for the Deposit Operations of the Bank of Russia

To maintain the liquidity of the banking system, the Bank of Russia increased from October 15, 2008 the fixed interest rates for the deposit operations.

Direction of the Central Bank of Russia No. 2092-U of October 14, 2008 on the Normatives of Obligatory Reserves (Reserve Requirements) of the Bank of Russia

Reduces from October 15, 2008 the normatives of obligatory reserves (reserve requirements) of the Central Bank of Russia.

Decree of the President of the Russian Federation No. 1489 of October 17, 2008 on the Council of the President of the Russian Federation for the Development of the Financial Market of the Russian Federation

Forms the Council of the President of the Russian Federation for the Development of the Financial Market of the Russian Federation. Dissolves the State Commission for the Protection of Rights of Investors at the Financial and Stock Markets of Russia.

Order of the Ministry of Economic Development of the Russian Federation No. 270 of September 10, 2008 on the Rates of Rent for the Land Plots Available in the State or Municipal Property and Allocated for the Construction of Olympic Objects

Anticipating the Winter Olympic and Paralympic Games of 2014 in the city of Sochi, specifies the rates of rent for the land plots available in the state and municipal property and allocated for the construction of Olympic objects.

Order of the Federal Tax Service No. MM-3-4/444@ of October 2, 2008 on the Endorsement of the Regulation on the Reception of Citizens in the Central Office of the Federal Tax Service

Regulates the procedure of reception of citizens in the central office of the Federal Tax Service of Russia.

Order of the Federal Service for Tariff Rates No. 179-t/5 of September 23, 2008 on the Indexing of Tariff Rates for the Services of Use of the Infrastructure of the Public-Use Railway Transport Rendered by the OAO Russian Railways to Passengers on Long Trips

Increases 1.12 times tariff rates for the services of the infrastructure of the public-use railway transport rendered by the OAO Russian Railways to passengers on long trips.

Order of the Federal Service for Tariff Rates No. 178-t/4 of September 23, 2008 on the Indexing of the Fees and Payment for the Works and Services Pertaining to Transportation of Passengers, Luggage, Cargo, Storage of Luggage and Cargo

Increases 1.12 times from October 1, 2008 the fees and payment for the works and services pertaining to transportation of passengers, luggage, cargo, storage of luggage and cargo.

Information Letter of the Federal Tax Service No. ShS-6-3/744 of October 20, 2008 on the Information Necessary for the Calculation of the Tax on Extraction of Mineral Resources for Oil for September 2008

Provides information necessary for the calculation of the tax on extraction of mineral resources for oil for September 2008.

Letter of the Department of the Tax and Customs Tariff Policy of the Ministry of Finance of the Russian Federation No. 03-05-05-03/44 of October 7, 2008

Provides explanations on the payment of the state duty when submitting applications to court to secure the claim.

Order of the Federal Customs Service No. 1150 of September 19, 2008 on the Endorsement of the Administrative Regulation of the Federal Customs Service on the Execution of the State Function of Acceptance by the Customs Body of the Passenger Customs Declaration Submitted by the Natural Person

Regulates the simplified procedure of acceptance by the customs body of the passenger customs declaration filled by natural persons when moving across the customs border of the Russian Federation commodities for personal, household and other purposes not pertaining to entrepreneurial activities.

Order of the Ministry of Public Health and Social Development of the Russian Federation No. 476n of September 10, 2008 on the Endorsement of the Rules of Submission of the Application for the Voluntary Engagement in Obligatory Pension Insurance

From October 1, 2008, voluntary engagement in obligatory pension insurance is permitted for citizens of the Russian Federation working abroad to pay insurance contributions for themselves, for natural persons to pay insurance contributions for other natural persons if the insurant does not make such contributions, the insured paying a fixed amount in excess of the minimum payment, natural persons not covered by the obligatory pension insurance and paying for themselves.

Decision of the Government of the Russian Federation No. 775 of October 22, 2008 on the Drawing up, Issuance, Registration, Suspension or Revocation of Permissions for Production (Catch) of Aquatic Bioresources, As Well As on Amendments to Them

The permission is issued for the production (catch) of all aquatic bioresources except for the rare and perishable ones not included in the objects of fishing.

Decision of the Government of the Russian Federation No. 772 of October 22, 2008 on the Amendments to Some Acts of the Government of the Russian Federation on the Issues of Implementation of the Pilot Project of Social Restructuring of the Regions of the Far North

Refines the list of persons entitled for the housing certificates.

Decision of the Government of the Russian Federation No. 768 of October 22, 2008 on the Interim Rate of the Import Customs Duty for Ceramic Media for Making Catalysts

Introduces for 9 months the zero rate of the import customs duty for ceramic media for making catalysts for transport vehicles.

Decision of the Government of the Russian Federation No. 767 of October 22, 2008 on the Exemption from Customs Fees for the Customs Registration in the Cases of Reexport of Temporarily Imported and Reimport of Temporarily Exported Commodities Intended for Sports Events or Training

The above commodities are exempted from customs fees for the customs registration.

Federal Law No. 176-FZ of October 27, 2008 on the Amendments to the Federal Law on the Central Bank of the Russian Federation (Bank of Russia) and Article 12 of the Federal Law on the Securities Market

The Bank of Russia is empowered with authority to participate without the license in the tenders at stock exchanges and/or other organised securities markets.

Federal Law No. 175-FZ of October 27, 2008 on the Additional Measures to Enhance Stabilisation of the Banking System for the Period until December 31, 2011

The Central Bank of Russia and the state corporation Deposit Insurance Agency are authorised to take measures to prevent bankruptcy of banks.

Direction of the Central Bank of Russia No. 2104-U of October 23, 2008 on the Amendments to the Regulation of the Bank of Russia No. 312-P of November 12, 2007 on the Procedure for the Bank of Russia to Grant Credits Secured with Assets to Credit Organisations

Abandons the crediting limit for the credits provided for up to 30 calendar days inclusive.

Direction of the Central Bank of Russia No. 2103-U of October 23, 2008 on the Interest Rates for the Deposit Operations of the Bank of Russia

From October 24, 2008, increases the interest rates for the deposit operations of the Central Bank of Russia.

Federal Law No. 192-FZ of October 27, 2008 on the Ratification of the Protocol on the Amendments to the Founding Treaty of the Eurasia Economic Community of October 10, 2000

Ratifies the Protocol on the amendments to the Founding Treaty of the Eurasia Economic Community singed in the city of Dushanbe on October 6, 2007.

Federal Law No. 189-FZ of October 27, 2008 on the Ratification of the Protocol on the Procedure of Entry into Force of International Treaties Creating a Legal Basis of the Customs Union, Withdrawal from Them and Accession to Them

Ratifies the Protocol on the procedure of entry into force of international treaties forming a legal basis of the Customs Union, withdrawal from them and accession to them.

Federal Law No. 188-FZ of October 27, 2008 on the Ratification of the Treaty on the Customs Union Commission

Ratifies the Treaty on the Customs Union Commission signed in Dushanbe on October 6, 2007.

Federal Law No. 187-FZ of October 27, 2008 on the Ratification of the Treaty on the Creation of the Single Customs Territory and the Customs Union

The ratified Treaty forms a single legal basis of the Customs Union created in the framework of the Eurasia Economic Community. The member-countries include the Republic of Belarus, the Republic of Kazakhstan and the Russian Federation.

Federal Law No. 186-FZ of October 27, 2008 on the Ratification of the Agreement between the Russian Federation and the Republic of Belarus on the Equal Rights of the Citizens of the Russian Federation and the Republic of Belarus for Free Travel, Choice of the Place of Stay and Residence on the Territories of the Member-States of the Union State

The ratified Agreement provides for the forming of a single migration zone of the Union State of Belarus and Russia.

Federal Law No. 185-FZ of October 27, 2008 on the Ratification of the Treaty between the Russian Federation and the Latvian Republic on Cooperation in the Sphere of Social Well-Being

Ratifies the Russian-Latvian Treaty on cooperation in the sphere of social well-being signed in Riga on December 18, 2007.

Federal Law No. 179-FZ of October 27, 2008 on the Amendments to Article 18 of the Federal Law on Advertising

Abandons the obligatory obtaining of the permission of the federal body of executive power in charge of communications to place advertisements on postal dispatches.

Decision of the Government of the Russian Federation No. 799 of October 27, 2008 on the Cost of Insurance Year for 2009

The cost of insurance year for 2009 makes Rbl 7,274.40 (Rbl 3,864 in 2008).

Information Message of the Central Bank of Russia of October 22, 2008 "Replies and Explanations on Some Issues of Accounting Work and Financial Reports"

Explains individual issues of accounting work for credit organisations.

Decision of the Government of the Russian Federation No. 795 of October 27, 2008 on the Endorsement of the Rules of Providing Information by a Foreign Investor or a Group of Persons Including a Foreign Investor on the Transactions with Stocks (Shares) Comprising the Registered Capitals of Economic Companies Having a Strategic Significance for the Country's Defence and State Security

The actual legislation of the Russian Federation provides for a special control over the foreign investments in economic companies having a strategic significance for the country's defence and state security.

Decision of the Government of the Russian Federation No. 793 of October 27, 2008 on the Amendments to the Customs Tariff of the Russian Federation Pertaining to Some Alcohol-Containing Drinks, As Well As the Terminals for Electronic Payments Accepting Credit or Debit Cards

Introduces a 20% rate of the import customs duty for the above commodities.

Decision of the Government of the Russian Federation No. 797 of October 27, 2008 on the Endorsement of the Typical Rules of Obligatory Insurance of Civil Liabilities of the Carrier to the Passenger of the Air Vessel

Specifies the rights and duties of the insurer, insurant and the beneficiary.

Direction of the Central Bank of Russia No. 2088-U of October 8, 2008 on the Amendments to the Direction of the Bank of Russia No. 1363-U of December 25, 2003 on the Drawing up and Submission of the Financial Reports by Credit Organisations

The amendments envisage opportunities to use a different database generated on the basis of initial documents to draw up financial reports.

Order of the Ministry of Finance of the Russian Federation No. 107n of October 6, 2008 on the Endorsement of the Accounting Regulation PBU 15/2008 "Registration of Expenses of Loans and Credits"

Introduces a new procedure of generation in accounting work of information on expenses pertaining to obligations under received loans and credits.

Order of the Ministry of Finance of the Russian Federation No. 106n of October 6, 2008 on the Endorsement of the Accounting Regulations

Introduces new rules of development and disclosing of the accounting policy of organisations.

Federal Law No. 178-FZ of October 27, 2008 "Technical Regulation for Juices of Fruits and Vegetables"

The main goal of the Technical Regulation for juices of fruits and vegetables is safeguarding of life and health of consumers.

Letter of the Federal Tax Service No. ShS-6-3/782@ of October 29, 2008 on the Procedure to Pay the Value Added Tax Pursuant to the Introduction of Amendments to Article 174 of the Tax Code of the Russian Federation

Introduces an alternative procedure of VAT payment for individual categories of taxpayers.