Windfall tax for major companies to be introduced in Russia

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Monitoring of the Federal Legislation dated 10.09.2008

Decree of the President of the Russian Federation on Some Issues of the Ministry of Internal Affairs of the Russian Federation

The scope of authority of the internal affairs bodies are hereby corrected for the purpose of improving their activities aimed at combating organized crime. Police units for opposing extremism and units for security protection of persons who are subject to the state protection shall be formed on the base of the units for combating organized crime. Criminal investigation agencies are now vested with the functions of combating organized crime involved in criminal offences of general nature, while agencies intended for opposing economic crime are vested with the functions of combating corruption and organized crime involved in economic offences.
In connection with this, appropriate amendments have been made in normative acts regulating the activities of the Ministry of Internal Affairs of the Russian Federation.

Decree of the President of the Russian Federation No. 1315 of September 6, 2008 on Some Issues of Public Administration in the Area of International Cooperation

A new body, that is, the Federal Agency for the CIS-Affairs has been established as a result of the recent reform of the system of federal executive power bodies. The decision is hereby adopted to give a new name to the said body - the Federal Agency for Affairs of the CIS, Compatriots Residing Abroad and for Humanitarian Cooperation (Roskomsotrudnichestvo). The regulations on the newly-established body have been endorsed. The Roskomsotrudnichestvo is vested with the functions of rendering state services and of state property management in the area of providing for and developing international relations of the Russian Federation with the CIS-states and other foreign countries, as well as in the field of international humanitarian cooperation. The Roskomsotrudnichestvo is not entitled to effect legal regulation in the area of activities established for it and to exercise control and supervisory functions, except as defined by decrees of the President of the Russian Federation or by decisions of the Government of the Russian Federation.
The Roskomsotrudnichestvo shall be subordinate to the Ministry of Foreign Affairs of Russia. The head of the Roskomsotrudnichestvo shall be appointed and dismissed by the President of the Russian Federation on the proposal of the Chairman of the Government of the Russian Federation.

Direction of the Central Bank of Russia No. 2060-U of August 27, 2008 on Cash Servicing of Credit Institutions and Other Legal Entities by Institutions of the Bank of Russia

The rules for cash servicing by leading cash processing centers, cash processing centers, cash centers, branches and regional departments of regional institutions of the Bank of Russia, the First Operational Department of the Bank of Russia, credit institutions, branches of credit institutions, additional offices, credit cash offices, operational offices of credit institutions and other legal entities which are not credit organisations are hereby established.
The adoption of this document is provided for by Regulations of the Bank of Russia No. 318-P of April 24, 2008 coming into force as of September 1, 2008. Unsafe banknotes of the Bank of Russia detected by the cash department employees or accepted from a client on the basis of an application for acceptance of unsafe banknotes shall be forwarded by the credit institution or by the internal structural unit (except for an a operational cash desk outside a cash unit or a currency exchange point) to an institution of the Bank of Russia for an expert examination thereof in the procedure provided for by the adopted Direction. The form of an application for forwarding unsafe banknotes to an institution of the Bank of Russia for an expert examination is given therein.
The Direction is registered by the Ministry of Justice of the Russian Federation on September 5, 2008 under registration No. 12240.

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