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 27.07.2020

Decision of the Government of the Russian Federation No. 1073 of July 20, 2020 on the approval of the Regulations on the specifics for 2020 and 2021 of the execution and termination of the agreement on the sale of a tourist product, concluded through March 31, 2020 inclusive - Refunds can be made for tours cancelled due to the pandemic.

Information of the Bank of Russia dated July 24, 2020 "The Bank of Russia has decided to reduce the key rate by 25 bp to 4.25% per annum"

Information of the Bank of Russia dated July 24, 2020 "The banking licence of KBTsA LLC was cancelled" - The Central Asian Bank is liquidated by decision of the owner.

Information of the Bank of Russia dated July 24, 2020 "The banking licence of JSCB "Resource-Trast" (joint stock company)" - The licence of joint stock bank "Resource-Trust" was cancelled due to the voluntary liquidation of the bank.

Information of the Bank of Russia dated July 24, 2020 "The banking licence of the commercial bank NEVASTROYINVEST LLC was revoked

Information of the Bank of Russia dated July 24, 2020 "The banking licence of "Narodny Bank" JSC was revoked

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