The EU Caps Purchase Price of Russian Oil and Gas Products, Effective Fe... The European Union has imposed a limited ban and a purchase price cap on the import and transport… 5 February 2023 Read More
US Court Allows Forfeiture of Assets that Belong to a Sanctioned Russian... A U.S. District Judge has ruled that $5.4 million belonging to a sanctioned Russian businessman may be confiscated… 2 February 2023 Read More
Switzerland Joins the Ninth Package of Sanctions Against Russia On January 26, 2023, the Swiss Federal Council imposed the ninth package of economic sanctions against Russia. The… 1 February 2023 Read More
British High Court Authorizes Money Judgement in Favor of a Bank Subject... In a recent judgment, British High Court of Justice ruled on an application for a stay and discharge… 29 January 2023 Read More
Russia approves legislation allowing Russian legal entities affiliated w... January 17, 2023, Russian President has signed an Executive Order No. 16 “On Provisional Measures applied in the… 26 January 2023 Read More
UAE updated its tax residency test for individuals The UAE Cabinet of Ministers has issued a Decision dated September 2, 2022 (Effective March 1, 2023)[1] on “Determination… 25 January 2023 Read More
Gazprombank (Russia) will cease processing transactions in USD January 2023. Gazprombank (Russia) was notified by two major US banks, JPMorgan Chase, and Bank of New York… 24 January 2023 Read More
UAE NEW CORPORATE TAX: A DETAILED ANALYSIS December 09, 2022, the UAE have introduced a new law (Federal Decree-Law No. 47 of 2022) on the… 23 January 2023 Read More
UAE Introduces a new Corporate Tax Law December 2022, United Arab Emirates (“UAE”) have enacted a Federal Decree-Law No. 47 of 2022 on the Taxation… 16 January 2023 Read More
Supreme Court of Russia has issued a decision on status of a person̵... December 22, 2022, the Supreme Court of Russian has resolved an issue of whether spouses should be deemed… 28 December 2022 Read More
European Council clarifies its prohibition on providing legal services Earlier, following the updated Art. 5n of Council Regulation 833/2014, it was prohibited to provide “legal advisory services”… 26 December 2022 Read More
Post-Brexit consequences: UK count founds Home Office’s interpreta... Under the Brexit Withdrawal Agreement[1], the UK and the EU agreed that EU citizens in the UK and… 22 December 2022 Read More