Sergey Bogomolov, partner at F+P, commented on the possible transaction on Yandex’s acquisition of TCS Group (parent company of Tinkoff-Bank) for Forbes Russia.
Month: September 2020
Non-Judicial Personal Bankruptcy: A Procedure for Bad Debt Relief with Russian MFC
On 1 September 2020, Russian legislative bodies adopted a new procedure – non-judicial bad debt relief. The specific character of the procedure is that it does not imply legal action and the participation of a financial manager.
Foreign companies’ relocation from “unreliable” offshore zones to Russia
Foreign companies from so-called “unreliable” offshore zones will have the opportunity to move to special administrative regions in Russia on the Russky and Oktyabrsky islands.