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Our News & Insights

Technologies
A number of instructions in the field of artificial intelligence have approved
2 февраля 2023
Nadmitov, Ivanov and Partners talks about instructions, which were formulated following the results of the conference “Journey into the World of Artificial Intelligence” held on November 23-24, 2022
Transport
The cost of wagons confiscated in Ukraine and Finland reimburse to rail operators
1 февраля 2023
Nadmitov, Ivanov and Partners talks about the government plans to reimburse rail operators for the cost of wagons confiscated in Ukraine and Finland.
Legislative Reviews
Overview of the Decree of the Russian Government on the extension of the validity of licenses and other permits
30 января 2023

"Nadmitov, Ivanov and Partners" has prepared a review of the Decree of the Russian Government No. 63 on the extension of the validity of licenses and other permits.


Tax Law
The list of countries for automatic exchange of country reports is carried out has been published
30 января 2023
Nadmitov, Ivanov and Partners talks about new list of foreign states with which automatic exchange of country reports is carried out 
Electronic Contracts
New rules for presenting information in the field of digital financial assets and utilitarian digital rights
30 января 2023
Nadmitov, Ivanov and Partners talks about new rules for presenting information in the field of digital financial assets and utilitarian digital rights
Corporate Law
A bill “On deoffshorization” submitted to the State Duma
27 января 2023

On January 23,2023 a group of deputies submitted a bill to the State Duma “On deoffshorization”, which provides for the re-registration of a number of assets registered in offshore zones, in Russia.

Internet Regulation
Owners of ad placement services have new responsibilities
26 января 2023

Federal Law No. 584-FZ dated 29 December 2022 introduced a number of amendments to the Law on Information and supplemented Article 10.7 “Obligations of the owner of the ad placement service” with new clauses. They come into force on 1 March 2023.

Data Protection
New rules in the field of cross-border transfer of personal data
23 января 2023

The Russian Government approved the procedure for prohibiting and restricting the cross-border transfer of personal data, as well as the procedure for informing operators (the Decree of the Government of the Russian Federation No. 6 and the Decree of the Government of the Russian Federation No. 24). The new rules come into effect on March 1, 2023.

Corporate Law
A number of large Russian companies may not take into account, when determining the quorum and voting results, “unfriendly” co-owners and persons nominated by them to management bodies
18 января 2023
On 17 January 2023 Presidental Decree No. 16 "On the temporary procedure for decision-making by the bodies of some Russian business entities"  was signed.
Corporate Law
The Ministry of Finance adopted conditions for transactions with foreigners from unfriendly countries
10 января 2023
On December 22, 2022, the Subсommission of the Ministry of Finance of the Russian Federation adopted conditions for the issuance of the permission for transactions with foreigners from unfriendly countries.
Data Protection
Overview of the Federal Law on the Unified System of Biometric Data
30 декабря 2022
On December 29, 2022, in order to fill the gap in the legislation on the collection and storage of biometric data, the legislator adopted the Federal Law on the unified system of biometric data (the” Law No. 572-FZ”). In accordance with Law No. 572-FZ, biometrics will be collected and processed by the Unified Biometric System.
Controlled Foreign Companies (CFC)
Clarification by NSD on the terms of withdrawal of frozen assets to Euroclear
27 декабря 2022
On 28 December 2022 the National Settlement Depository ("NSD") posted on its official website clarifications regarding the terms of withdrawal of frozen assets (money or securities) of NSD to Euroclear.
Corporate Law
Conversion of a branch of a foreign entity into a Russian LLC
15 декабря 2022
On 14 July 2022, new types of transformational claims appeared in the legislation: 
  • on the transformation of a branch of a foreign entity into a Russian LLC;
  • on suspension of foreign investor's rights.
Sanctions
Alexander Nadmitov speaks at the Higher School of Economics on sanctions
13 декабря 2022
On 9 December 2022, Alexander Nadmitov, Managing Partner of Nadmitov, Ivanov & Partners, took part in the round table "Digital Asset Market: Regulation Prospects in the Current Challenges" at the Higher School of Economics.
Controlled Foreign Companies (CFC)
The list of countries for automatic exchange of financial information has been updated
7 декабря 2022

The Federal Tax Service has approved a new list of countries with which financial information is automatically exchanged. The relevant Order will enter into force on 16 December.



Energy
Successful case to recover 13 million roubles in damages
6 декабря 2022
Nadmitov, Ivanov & Partners law firm successfully represented an energy company as a defendant in a lawsuit brought by an oil refinery before the Thirteenth Arbitration Court of Appeal to recover 13 million roubles in damages related to the disconnection of the claimant's process equipment in connection with an accident that occurred.
News of the Firm
"Nadmitov, Ivanov & Partners have been recognised in the federal "Law-300" ranking
5 декабря 2022
Nadmitov, Ivanov & Partners has been recognised in the federal Law-300 Arbitration ranking (Commercial Litigation - Mid-Market). 
Data Protection
Assessment of the harm caused to personal data subjects in the event of a breach of the Federal Law "On Personal Data"
5 декабря 2022
In July 2022, the Federal Law on Personal Data (hereinafter, the "PD Law") was amended by Federal Law No. 266-FZ of 14.07.2022.
Data Protection
Procedure for destroying personal data has been established
1 декабря 2022
Order No. 179 of the Federal Service for Supervision of Communications, Information Technology and Mass Media of 28 October 2022 "On Approval of the Requirements for Confirmation of Personal Data Destruction" established the procedure for destroying personal data.
Capitals Market
The list of documents for an individual securities unblocking licence
29 ноября 2022
The Bank of Russia has sent a letter to professional market participants with a list of documents needed to apply independently for an individual securities unblocking licence.
Capitals Market
Unlocking Euroclear and ClearStream securities
21 октября 2022
In March 2022 Euroclear and Clearstream imposed restrictions on transactions with securities held with the National Settlement Depository ("NSD"), as a result of which Russian holders of foreign securities, and foreign holders of Russian securities lost the ability to trade (sell), receive dividends and coupon payments on them.
News of the Firm
NIP in the TOP 100 Best Law Firms in Russia 2022
30 августа 2022
Nadmitov, Ivanov and Partners Law Firm entered the TOP 100 best law firms in Russia in 2022 according to the White Square Journal

Ratings and Awards


Leading international and Russian legal ratings regularly note our firm among the leaders of the market:

  • In August 2022, the Firm was ranked in the TOP 100 best law firms in Russia in 2022 according to analysts at White Square Journal.
  • In April 2022, Pravo-300 noted NIP in a study on services for private capital (UAE, Switzerland, USA, UK, Cyprus, Hong Kong), sanctions and counter-sanctions, foreign exchange control, obtaining a second citizenship process, tax optimization, cross-border litigation, and arbitration disputes.
  • In August 2021, the Firm was ranked internationally by the IFLR1000 in the Mergers and Acquisitions (M&A) and Insolvency and Bankruptcy categories.
  • In June 2021, Best Lawyers 2021 recognized the lawyers of NIP in the following nominations: arbitration and mediation - Alexander Nadmitov, Sergey Grigoriev; corporate law - Pavel Maruev; technology law - Alexander Nadmitov; litigation - Alexander Nadmitov, Sergey Lapin, and Alexey Sharmanzhinov; capital markets - Sergey Lapin.
  • In May 2021, NIP entered the federal rating of the country's leading litigation practices with the number of cases from 10 to 30 according to the fifth study of litigation practices conducted by Pravo.ru.
  • In March 2021, Kommersant Publishing House rated the Firm in the Digital Economy / Fintech (Band 1) and Industry: Resolution of Key Industry Disputes (Band 2) categories. Alexander Nadmitov was noted in the individual ranking of lawyers in the Digital Economy / Fintech section.
  • In December 2020, Chambers & Partners noted Nadmitov, Ivanov & Partners   in Fintech Legal (Band 3) in Russia . 
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