Windfall tax for major companies to be introduced in Russia

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Daily Monitoring of the Legislation

Monitoring of the Federal Legislation dated 22.03.2021

Information of the Bank of Russia dated March 19, 2021: the Bank of Russia has decided to increase the key rate by 25 points up to 4.50% per annum

Information of the Bank of Russia dated March 19, 2021: revocation of the licence to banking operations from UMK Bank (Limited Liability Company)

Decision of the Government of the Russian Federation No. 393 of March 17, 2021 on cases of refusal of a tender winner to conclude an agreement on providing state (municipal) services in the social sphere: it has been established that such winners may refuse to conclude an agreement in case of force majeure, as well as if conditions of the project do not correspond to those specified in the announcement for the tender and the participant’s proposal

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