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 9.01.2002

Decree of the President of the Russian Federation No. 1491 of December 27, 2001 on the Invalidation of Some of the Decrees of the President of the Russian Federation

Invalidates the Decree of the President of the Russian Federation No. 16 of January 12, 1992 on the enhanced privatization of municipal property in the city of Moscow. The Decree endorsed the Regulations on the privatization of the housing fund, Regulation on the procedure of privatization of enterprises of trade, public catering and communal services and the Regulation on the enhanced privatization of municipal enterprises and organizations in the city of Moscow.
The Decree is entered into force from the day of its official publication. The text of the Decree is published in Rossiyskaya Gazeta on December 30, 2001, No. 255.

Decision of the Federal Commission for Securities Market and the Ministry of Finance of the Russian Federation Nos. 33, 109n of December 11, 2001 on the Endorsement of the Regulation on the Reports of Professional Participants of the Market of Securities

Sets forth the composition, time limits and procedure of submission of reports by professional participants of securities market. Specifies, in particular, that reports are presented to the Federal Commission for Securities Market of the Russian Federation on paper and in electronic form on magnetic medium (diskettes). The date of submission of the reports is considered to be the date of receiving of the reports in the Federal Commission for Securities Market of the Russian Federation or other authorized body.
The Decision is entered into force from July 1, 2002.
Registered in the Ministry of Justice of the Russian Federation on December 25, 2001. Reg. No. 3125.

Decision of the Federal Commission for Securities Market and the Ministry of Finance of the Russian Federation Nos. 32, 108n of December 11, 2001 on the Endorsement of the Procedure of Keeping of Internal Records of the Deals, Including Urgent Ones, and Operations with Securities by Professional Participants of the Securities Market Engaged in Brokerage, Dealing and Activities in the Management of Securities

Sets forth uniform requirements to the keeping of internal records by professional participants of securities market of the deals and operations with securities, to the content of the rules of keeping such records worked out by them, as well as to the keeping of internal accounts of the monetary resources and securities, futures contracts and options, to the drawing up and presenting of the deal reports to clients.
Lists the documents of internal records, defines their contents and procedure of arrangement in internal records.
Before October 1, 2002, professional participants must bring internal records of deals and operations with securities in compliance with the requirements of the endorsed Procedure.
The requirements of the Procedure do not apply to the procedure of keeping accounting records, drawing up and submission of accounting reports.
Registered in the Ministry of Justice of the Russian Federation on December 25, 2001. Reg. No. 3124.

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