A special recording procedure for certain securities will be in effect until the end of 2025

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31.12.2021
FROM DECEMBER 20, 2021, THE KEY RATE IS FIXED AS 8.50% PER ANNUM
The Bank of Russia Board of Directors raised the key rate starting from December 20, 2021, by 100 basic points to 8.50% per annum. 
At the same time, the Bank of Russia admits the possibility of further increases in the key rate at the next meetings. The news release notes that the monetary policy pursued by the Bank of Russia is aimed at bringing inflation back to 4%.
 
30.12.2021
THE CIVIL CODE OF THE RUSSIAN FEDERATION WAS SUPPLEMENTED WITH GENERAL PROVISIONS ON IMMOVABLE ITEMS, AS WELL AS ON THE RIGHTS TO BUILDINGS AND PREMISES
Part One of the Civil Code of the Russian Federation includes two new Chapters: "Immovable Items" and "Ownership and other property rights to buildings, facilities, building in progress, premises and parking areas". 
The first of these Chapters establishes fundamentals of the legal regime of land plots, buildings and structures, premises (both residential and non-residential). Issues of division and merging of real estate property, changes in their characteristics (reconstruction, redevelopment) have been settled. 
The second Chapter defines peculiarities of the ownership of buildings, facilities, buildings in progress, premises and parking areas.
 
29.12.2021
NEW FORMS OF NOTIFICATIONS ABOUT REGISTRATION AND DEREGISTRATION OF A RUSSIAN ORGANISATION WITH THE TAX AUTHORITY HAVE BEEN APPROVED
The Federal Tax Service approved new forms of notification of registration and deregistration of a Russian organisation with the tax authority.
 
28.12.2021
PATENT ATTORNEYS WILL WORK ACCORDING TO THE UPDATED LAW
The Law on Patent Attorneys are supplemented with the conditions for obtaining the status of patent attorneys. Internship requirements have been established. 
It is stated that foreign patent attorneys cannot work in Russia, unless otherwise provided by an international agreement. 
Patent attorneys will have access to the information systems of the Federal Service for Intellectual Property and its organisations. 
The Institute of secrecy patent attorneys has been introduced.
 
27.12.2021
IN SOCHI, THE RESORT FEE HAS BEEN INCREASED 5 TIMES, AND IN CRIMEA THEY PLAN TO CANCEL IT
Recall that on the territories of the Republic of Crimea, Altai, Krasnodar and Stavropol Territories, an experiment is being conducted to collect fees from tourists for using the resort infrastructure (resort fee).
So in the Krasnodar Territory, the resort tax rates were increased throughout the territory from January 1, 2022 to December 31, 2022 from 10 roubles to:
- 50 roubles per day on the territory of the resort city of Sochi;
- 30 roubles per day in all other units of the Krasnodar Territory.
In the Republic of Crimea, the introduction of the resort fee is scheduled for May 1, 2022 (in the amount of 10 roubles per day).
 
24.12.2021
THE CIVIL CODE OF THE RUSSIAN FEDERATION WILL BE REPLENISHED WITH TWO NEW CHAPTERS ON TITLES TO REAL PROPERTY
The State Duma adopted in the third reading a draft law which provides for the introduction of two new chapters into Part One of the Civil Code of the Russian Federation: "Real Estates" and "Ownership and Other Proprietary Rights to Buildings, Structures, Objects Of Unfinished Construction, Premises and Parking Spaces". This is another part of the project, which was introduced in 2012 by the President of the Russian Federation as part of measures to reform civil legislation.
 
23.12.2021
AIRCRAFT CREWS ARE ALLOWED TO USE SPECIAL MEANS OF RESTRAINT AGAINST ROWDIES ON BOARD
According to the amendments, the aircraft commander is entitled to give orders to the crew members and security staff to suppress unlawful actions of persons that create an immediate threat to flight safety or threaten the life or health of others and refuse to obey the orders of the aircraft commander. 
On the basis of such orders, it will be possible to use special means of restraint placed on board. 
The list of special means of restraint and the rules for their use will be determined by the Government of the Russian Federation.
 
22.12.2021
FROM DECEMBER 29, 2021 A SIMPLE POWER OF ATTORNEY MAY BE REVOKED THROUGH THE NOTARY UNIFIED INFORMATION SYSTEM
Article 189 of the Civil Code of the Russian Federation provides for the possibility of revocation of a power of attorney issued in a simple written form by entering information on this fact into the register of orders to cancel powers of attorney, which is an integral part of the Unified Information System of Notary Acts. 
Access to the registry information shall be free, round-the-clock and provided on the free-of-charge basis - any interested person will be able to obtain information on revocation of a power of attorney on notariat.ru. 
Third parties will be considered notified of revocation of the power of attorney on the next day after entering the information into the specified register.
 
21.12.2021
THE FEDERAL AGENCY FOR TOURISM ANNOUNCED THE CONTINUATION OF THE TOURIST CASHBACK PROGRAM IN 2022
The Federal Agency for Tourism announced the dates of the new stage of the program for the sale of tours in Russia with cashback - from January 18 to April 12. It will be possible to go on a trip immediately from the first day of sales until April 30 inclusive.
The basic conditions of the program will be the same.
It is also reported that the autumn stage of the program is planned, it will begin in October. Exact dates will be announced in the second half of 2022.
 
20.12.2021
THE EXACT DATES OF THE EXAMS 2022 ARE KNOWN
The schedule of the basic state examination (OGE) and state exit examination (EGE) in 2022 has been approved. Exam dates, start times and durations have been established. Teaching aids allowed for use have been determined.
The majority of students will take the basic state examination from May 26 to June 21, 2022. Early, reserve, additional and repeated periods for passing the exam have also been determined. 
Compared to 2021, the duration of exams in social studies, history, foreign languages has changed. It is allowed to use a spelling dictionary on the literature exam.
 
17.12.2021
TAX CODE OF THE RUSSIAN FEDERATION HAS BEEN BROUGHT INTO LINE WITH THE LAW ON LICENSING
Amendments were made to the Tax Code of the Russian Federation due to the transition to a registry licensing model. The reference to paper licences has been excluded from the Code, including denominations of state fees have been clarified.
 
16.12.2021
‘QUANTUM VALLEY’ WILL APPEAR IN THE NIZHNY NOVGOROD REGION
An innovative scientific and technological center "Quantum Valley" will be established in the Nizhny Novgorod region. 
It is planned to develop modern digital technologies on the basis of the center, including quantum technologies and artificial intelligence. Among the activities of the center are supposed to be innovative industries, intelligent transport systems; delivery on projects in the field of high-tech personalised medicine and medical devices; solving problems in the field of ecology and elimination of accumulated damage.
 
15.12.2021
FROM NOVEMBER 22, 2021, IT IS NOT NECESSARY TO ISSUE A HIRING ORDER
Amendments to the Labour Code stipulate that employment must be formalized with an employment contract. Now it is not necessary to issue an order and familiarize the employee with it, as was previously planned. However, if the employer wants to issue such a document, he/she can do it. The content of the hiring order must comply with the terms of the employment contract.
 
14.12.2021
CITIZENS OF ARGENTINA, BANGLADESH, BRAZIL, COSTA RICA AND MONGOLIA CAN AGAIN FLY TO RUSSIA
The Russian Government has lifted the restrictions on entry to Russia for citizens of Argentina, Bangladesh, Brazil, Costa Rica and Mongolia, imposed due to the pandemic. 
Citizens of these states, as well as persons entitled to permanent residence in these countries, can enter Russia from these states through air checkpoints.
 
13.12.2021
FROM JANUARY 1, 2022 A NEW PROCEDURE FOR ISSUING SICK LEAVES WILL APPLY
From 2022, sick-leave certificates will be issued only in electronic form. 
In this regard, the RF Ministry of Public Health has updated the procedure for issuance and registration of sick-leave certificates. 
To obtain an electronic sick-leave certificates, you will need a passport and personal insurance policy number (SNILS).
 
10.12.2021
NEW TAX PENALTIES HAVE BEEN INTRODUCED FOR FINANCIAL MARKET ORGANISATIONS AND THEIR CLIENTS
The amendments made to Part One of the Tax Code of the Russian Federation relate to the automatic exchange of financial information with foreign states. The conceptual framework and obligations of financial organisations have been clarified, as well as new penalties for violation of the rules for providing information both for the financial market organisations and for their clients.
 
09.12.2021
PARENTS MAY NOW PAY TAXES FOR UNDERAGE CHILDREN THROUGH THEIR TAXPAYER ACCOUNT
This became possible in virtue of the new functionality that appeared in the Personal Account of the taxpayer for individuals. However, in order to use it, it is necessary that not only parents, but also their children are users of the service of the Federal Tax Service "Taxpayer's Personal Account".
In the "Profile" section of the personal account, the "Family Access" tab has been added, designed to add a minor child to the parent's personal account.
 
08.12.2021
THE RF MINISTRY OF LABOUR APPROVED NEW REQUIREMENTS FOR WORKING AREA
The new act contains requirements for the workplace. So, for example, when organising a workplace (working area), changing the working posture should be available. 
It is also established that when organising a workplace, a stable position and freedom of movement of the employee must be ensured. 
Machines and equipment controls must be located in compliance with the labour protection requirements, hazard areas and danger areas must be marked with special signal markings and/or safety signs.
 
07.12.2021
FROM OCTOBER 1, 2023, ALL PROVIDERS OF PAYMENT APPLICATIONS WILL HAVE TO PROVIDE THE ABILITY TO USE MIR CARDS
From October 1, 2023, providers of payment applications will have to provide clients of money transfer operators with the opportunity to use MIR cards (if the conditions of using the application involve the use of payment cards). To do this, they will have to pass the testing procedure in accordance with the rules of the national payment card system.
 
06.12.2021
EMPLOYERS SHALL HAVE THE RIGHT (BUT NOT A DUTY!) TO PROVIDE ADDITIONAL DAYS OFF FOR VACCINATION AGAINST COVID-19
The Labour Code does not oblige employers to provide employees with an additional day off for vaccination, as well as an additional day for rest after vaccination against coronavirus. 
Additional rest time during vaccination against coronavirus may be established by a collective agreement, or another local regulation, taking into account the financial and economic situation of the employer. For example, additional paid days-off with the preservation of wages, the possibility of adding these days to the next vacation, additional payments, payment of travelling documents, meals, etc.
 
03.12.2021
THE LAW ON ELECTRONIC PERSONNEL DOCUMENT MANAGEMENT IS SIGNED

Certain amendments have been made into the Labour Code of the Russian Federation concerning regulation of electronic personnel workflow, which provides for the possibility and mechanisms for maintaining and using work-related documents in electronic form.

02.12.2021
13 FOREIGN INTERNET COMPANIES MUST OPEN REPRESENTATIVE OFFICES IN RUSSIA

The Roskomnadzor website has published a list of foreign Internet companies that must open representative offices in Russia. It includes 13 foreign companies with 22 information resources. 

01.12.2021
29 COUNTRIES PROVIDE ADEQUATE PROTECTION OF THE RIGHTS OF PERSONAL DATA OWNERS

The number of countries providing adequate protection of rights of personal data owners increased up to 29. Roskomnadzor has updated the list of countries that are not parties to the Council of Europe Convention on the Protection of Individuals with regard to Automatic Processing of Personal Data and that provide adequate protection of the rights of personal data owners. 

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