Windfall tax for major companies to be introduced in Russia

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Monitoring of the Federal Legislation dated 8.12.2011

Federal Law No. 419-FZ of December 7, 2011 on the Amendments to the Criminal Code of the Russian Federation and Article 151 of the Code of Criminal Procedures of the Russian Federation

Creation of fly-by-night companies becomes a crime.

Federal Law No. 418-FZ of December 7, 2011 on the Amendments to Article 31.1 and 55 of the Federal Law on the Placing of Orders for Supplies of Goods, Carrying out Works, Rendering Services for the State and Municipal Needs

State-run institutions are permitted to place the order with the sole supplier.

Federal Law No. 417-FZ of December 7, 2011 on the Amendments to Individual Legislative Acts of the Russian Federation Pursuant to the Adoption of the Federal Law on Water Supplies and Water Disposal

It is planned to abandon hot water intake from open heat-supply sources by 2022.

Federal Law No. 415-FZ of December 7, 2011 on the Amendments to Individual Legislative Acts of the Russian Federation Pursuant to the Adoption of the Federal Law on the Central Depositary

Creation of the central depositary required adjustment of a number of laws.

Federal Law No. 409-FZ of December 6, 2011 on the Amendments to Individual Legislative Acts of the Russian Federation

The normative base of the country is being brought in compliance with the Customs Code of the Customs Union and international agreements of Russia.

Federal Law No. 407-FZ of December 6, 2011 on the Amendments to Articles 140 and 241 of the Code of Criminal Procedures of the Russian Federation

Changes in the criminal proceedings in the cases of crimes in the economic area.

Federal Law No. 406-FZ of December 6, 2011 on the Amendments to the Federal Law on Currency Regulation and Currency Control Simplifying Currency Control Procedures

Optimises currency control.

Federal Law No. 405-FZ of December 6, 2011 on the Amendments to Individual Legislative Acts of the Russian Federation Refining the Procedure of Exaction of Pledged Property

Adjusts the laws on the mortgage, executive proceedings, state registration of rights for immovable property etc.

Federal Law No. 404-FZ of December 6, 2011 on the Amendments to the Code of Administrative Violations of the Russian Federation

The amendments are expected to improve the antimonopoly legislation.

Federal Law No. 403-FZ of December 6, 2011 on the Amendments to the Code of Administrative Violations of the Russian Federation

Introduces new fines for the violation of the procedure for connection to electric networks and communal infrastructure.

Federal Law No. 402-FZ of December 6, 2011 on Accounting Work

The new law on accounting work is entered into force from 2013.

Decision of the Government of the Russian Federation No. 1001 of December 5, 2011 on the Amendments to Certain Acts of the Government of the Russian Federation on the Issues of Provided State Services in the Area of Circulation of Medicines

Adjusts a number of rules.

Decision of the Government of the Russian Federation No. 999 of December 5, 2011 on the Particulars of Providing Blank Tokens of Technical Examination and Blank International Certificates of Technical Examination from January 1, 2012 to January 1, 2014, Procedure for Their Registration, Storage, Handing over and Destruction

Service stations may obtain the blanks for the I quarter of 2012 in the regional divisions of the Ministry of Internal Affairs of Russia.

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