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 5.06.2008

Order of the Customs Service No. 578 of May 14, 2008 on the Endorsement of the Procedure of Committing of Customs Operations for the Products of Fishing Moved Across the Customs Border of the Russian Federation by Fishing Vessels

Introduces a new procedure of committing of customs operations for the Russian fishing vessels crossing the customs border of the Russian Federation and for the products of fishing moved across the customs border of the Russian Federation in these vessels.

Letter of the Federal Service for Financial Markets No. 08-VM-03/10748 of May 27, 2008 on the Particulars of Distribution of Stocks of Joint-Stock Companies Created As a Result of the Reorganisation of the OAO RAO Joint Power Supply System of Russia

The reorganisation of the RAO Joint Power Supply System of Russia will be over on July 1, 2008.

Direction of the Central Bank of Russia No. 2005-U of April 30, 2008 on the Assessment of the Economic Standing of Banks

The procedure of assessment of the economic standing of banks has been worked out to ensure uniform approaches to the assessment of activities of banks carried out by the Bank of Russia in the course of enforcement activities and approaches used for assessment of banks for compliance with the requirements of participation in the deposit insurance system.

Order of the Federal Service for Financial Markets No. 08-18/pz-n of April 15, 2008 on the Endorsement of the Regulation on the Procedure of Registration of the Property Handed over As a Coverage of the Investment Shares of the Shared Investment Fund

The management company of the shared investment fund must keep records of the property handed over in payment for the investment shares of this fund.

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