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Alexander Bychkov

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Prohibition on import/export of certain goods On March 8, 2022, the President of the Russian Federation signed an Executive Order, which prohibits the import and export of products and raw materials from the country according to the lists determined by the Russian Federal Government. According to the Executive Order, the ban and restrictions on the import and export of products and raw materials are applied “in order to ensure the security of the Russian Federation…

On 16 December 2019, the Russian Government signed Resolution No. 1685, which expanded an import ban with respect to Ukrainian goods.

The list of banned goods initially introduced by Resolution of the Russian Government No. 1716-83 dated 29 December 2018now includes cornstarch, glucose and fructose, a number of medical goods (such as medical stoppers, hot-water bags, ball syringes), radiators, central-heating boilers and waste paper.  These goods are prohibited from entering Russia if they (i) originate from Ukraine, (ii) are supplied from Ukraine, or (iii) have been in transit through the territory of Ukraine.

On August 15, 2019 the Russian President issued Decree No. 388, establishing a special record-keeping regime for ownership rights over the securities of particular issuers.  According to Decree No. 388, if a person who holds more than 1% of the issuer’s voting shares requests information about other shareholders from the registrar, the registrar provides such information excluding the information on sanctioned Russian shareholders, if any.  This would apply only if the issuer has notified the…