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 20.03.2012

Order of the Federal Service for Financial Markets No. 12-2/pz-n of January 17, 2012 on the Endorsement of the Amendments to the List of Information Included in Insider Information of the Persons Mentioned in Items 1-4, 11 and 12 of Article 4 of the Federal Law on the Combating of Illegal Use of Insider Information and Manipulation of the Market and on the Amendments to Individual Legislative Acts of the Russian Federation Endorsed by the Order of the Federal Service for Financial Markets of Russia No. 11-18/pz-n of May 12, 2011

Adjusts the list of insider information of issuers.

Information Letter of the Federal Tax Service of March 19, 2012 on the Information Necessary for the Calculation of the Tax on Extraction of Mineral Resources for Oil for February 2012

Increases the rate of the tax on extraction of mineral resources for oil.

Direction of the Bank of Russia No. 2785-U of February 10, 2012 on the Amendments to the Regulation of the Bank of Russia No. 262-P of August 19, 2004 on the Identification by Credit Organisations of Clients and Beneficiaries for the Purposes of Combating Legalisation (Laundering) of Incomes Obtained in a Criminal Way and Financing of Terrorism

Adjusts the above regulation of the Central Bank of Russia.

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