Large foreign IT companies were obliged to open branches in Russia

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Daily Monitoring of the Legislation

Monitoring of the Federal Legislation dated 14.04.2010

Order of the Federal Service for Financial Markets No. 10-20/pz-n of March 23, 2010 on the Endorsement of the Procedure of Registration of the Prospectuses of Securities of Foreign Issuers and Introduction of Securities of Foreign Issuers for Placing and/or Public Circulation in the Russian Federation at the Decision of the Federal Body of Executive Power in Charge of the Securities Market

The procedure does not apply to securities that may be introduced at the decision of the Russian stock exchange.

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