The head of the Ministry of Economy spoke about worrying “certain signs” in the labor market

Despite record low unemployment rates, there are some concerns about the labor market in Russia, Economics Minister Maxim Reshetnikov said. At the same time, according to him, the negative scenario in the labor market did not materialize, but it is impossible to “calm down”. At the same time, you and I are well aware that … Read more

Press conference of the head of the Central Bank Nabiullina. Main statements

In September, the Central Bank will extend the restriction on the issuance of cash foreign currency to individuals. The Central Bank believes that the accumulation of savings by Russians can give rise to inflation: “Today, in fact, forced accumulation of savings is a compressed spring in the economy, which under certain circumstances can give rise … Read more

Reduce to single digits // Falling inflation with a strong ruble and a reduction in income turned out to be not affordable for everyone

The Bank of Russia lowered the key rate to the pre-war level – to 9.5%. At the same time, the government canceled the mandatory sale of foreign exchange earnings by exporters, introduced on February 28. Without taking into account sanctions restrictions, the operation of financial markets within the Russian Federation is now freer than at … Read more

In defense against an indefinite circle of persons // The Government of the Russian Federation was instructed to draw up Russian sanctions lists

The presidential decree legalized individual sanctions in the legal system of Russia – prohibitions on transactions with certain individuals and legal entities to structures in Russian jurisdiction. The government will determine the list of “sanctioned” persons within ten days. Contrary to the wording of the law “On Special Economic Measures”, Russian non-sectoral sanctions are indefinite, … Read more

Wartime Sanctions

According to Anton Samokhvalov, a partner at the KIAP Law Office, when assessing the risks of a business with persons on the sanctions lists, it is important which list the sanctioned person is on. So, in the USA there are several lists. SDN contains a list of persons subject to personal sanctions, with such persons … Read more

New buildings went hand in hand // Investors are selling preferential housing

Private investors, who bought apartments in new buildings in Moscow against the background of preferential mortgages, began to sell them, without waiting for a further increase in income from such investments. In the capital, at the end of 2021, the volume of assignments of rights under equity participation agreements (DDU) exceeded last year’s figures by … Read more

The reaction of trade unions and employers to the project of the Ministry of Labor

As the head of the Independent Federation of Trade Unions of Russia, Mikhail Shmakov, told Kommersant, “trade unions have held a large amount of consultations with the Ministry of Labor and the Russian Union of Industrialists and Entrepreneurs” and generally support the proposed variant of merging the PFR and the FSS. At the same time, … Read more

FAS wants to prohibit banks from creating advantages for choosing a particular insurer

The Federal Antimonopoly Service (FAS) has developed a draft government decree, which is linked to specific insurance companies when applying for a loan, the Izvestia newspaper reported, citing a document and confirmation of the service. The FAS informed the publication about the work on such a document in September. According to the details of the … Read more

The second is not always superfluous

The import substitution policy that the government is pursuing in relation to medical devices may in the long term negatively affect the quality of medical care available to Russian patients. This is the conclusion reached by the participants of the round table on the state of the medical equipment market. How did the director for … Read more