Monitoring of the Federal Legislation dated 11.02.2009

Federal Law No. 14-FZ of February 9, 2009 on the Invalidation of Individual Provisions of Legislative Acts of the Russian Federation

Invalidates the norm permitting the bodies of state power of the subjects of the Russian Federation to provide resources in the regional budgets to render aid to national autonomies.

Federal Law No. 9-FZ of February 9, 2009 on the Amendments to the Code of Administrative Violations of the Russian Federation Enhancing Administrative Responsibility for the Violation of the Legislation of the Russian Federation on Joint-Stock Companies, Limited-Liability Companies, on the Securities Market and on Investment Funds of the Russian Federation and the Federal Law on the Securities Market Refining the Definition and Specifying the Signs of Manipulation of Prices at the Securities Market

The Federal Law protects the rights and legal interests of investors at the securities market.

Federal Law No. 8-FZ of February 9, 2009 on the Access to Information on the Activities of State Bodies and Bodies of Local Government

Introduces a uniform procedure to provide access for citizens and organisations to information on the activities of state bodies and bodies of local government.

Order of the Ministry of Finance of the Russian Federation No. 6n of January 23, 2009 on the Endorsement of the Requirements to the Agreement on the Direct Reimbursement of Losses, Procedure to Clear Payments between Insurers, As Well As Accounting Particulars for Operations of Direct Reimbursement of Losses

From March 1, 2009, the victim in a road accident may apply directly to his own insurer, rather than the one of the perpetrator, with an insurance claim.

Direction of the Central Bank of Russia No. 2183-U of February 9, 2009 on the Amendments to the Direction of the Bank of Russia No. 1376-U of January 16, 2004 on the List, Forms and Procedure of Drawing up and Submission of the Forms of Reports of Credit Organisations to the Central Bank of the Russian Federation

Provides a new wording of the Reporting Form 0409302 "Information on the Placed and Attracted Resources of Credit Organisation".