Monitoring of the Federal Legislation dated 24.05.2012

Order of the Federal Antimonopoly Service No. 203 of March 30, 2012 on the Amendments to the Rules of Arranging Contests or Auctions for the Right of Conclusion of Lease Contracts, Free Use Contracts, Property Trust Control Contracts, Other Contracts Envisaging a Transfer of Rights for the State or Municipal Property Endorsed by Order of the Federal Antimonopoly Service of Russia No. 67 of February 10, 2010

The contract is concluded even if there is only one participant in the tenders for the right of use of state property.

Direction of the Bank of Russia No. 2818-U of May 17, 2012 on the Invalidation of Item 28 of the Regulation of the Bank of Russia No. 437 of April 23, 1997 on the Particulars of Registration of Credit Organisations with Foreign Investments

Subsidiary credit organisations of foreign banks – residents of this country – can open branches without a preliminary permission of the Central Bank of Russia.