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 31.03.2008

Federal Law No. 33-FZ of March 29, 2008 on the Ratification of the Agreement between the Russian Federation and the Kingdom of Norway on the Delineation of the Water Area Near the Varanger Fjord

The Agreement is being brought in compliance with the World Geodetic System of 1984.

Federal Law No. 32-FZ of March 29, 2008 on the Ratification of the Protocol to the Partnership and Cooperation Agreement Establishing a Partnership between the Russian Federation on the One Hand and the European Communities and Their Member-States on the Other Hand to Take Account of the Accession of the Republic of Bulgaria and Romania to the European Union

Bulgaria and Rumania joined the European Union on January 1, 2007.

Federal Law No. 31-FZ of March 29, 2008 on the Accession of the Russian Federation to the Agreement between the Governments of the Kingdom of Denmark, Republic of Estonia, Republic of Finland, Federal Republic of Germany, Republic of Latvia, Republic of Lithuania, Republic of Poland, Russian Federation and the Kingdom of Sweden on the Privileges and Immunities of the Baltic Marine Environment Protection Commission

The Agreement defines the volume of privileges and immunities granted to the Baltic Marine Environment Protection Commission.

Decision of the Government of the Russian Federation No. 217 of March 28, 2008 on the Amendments to the Regulation on the Federal Antimonopoly Service

The Regulation on the Federal Antimonopoly Service of Russia is being brought in compliance with the Federal Law on the protection of competition.

Order of the Federal Service for Financial Markets No. 08-4/pz-n of February 7, 2008 on the Licensing of Activities of Investment Funds, Activities of Management of Investment Funds, Shared Investment Funds and Non-State Pension Funds, Activities of Specialised Depositaries of Investment Funds, Shared Investment Funds and Non-State Pension Funds, As Well As Activities of Non-State Pension Funds in Pension Support and Pension Insurance

Endorses the Regulation defining the procedure of granting and redrawing of licenses for the mentioned types of activities, as well as the rules of keeping of registers of licenses.

Letter of the Federal Service for Financial Markets No. 08-VM-03/4874 of March 18, 2008 on the Holder Notification of the Purchase or Change of the Share of Ordinary Stocks

Provides a sample form of the notification of the purchase or change of the share of ordinary stocks.

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