Department for Control over Foreign Investments

A group of persons with the participation of foreign companies illegally established control over the enterprise of the military-industrial complex

The amendments are aimed at ensuring legal certainty in the sphere of control over foreign investments in the Russian Federation

During the bailout of Financial Corporation Otkrytie PJSC Bank, the Central Bank of the Russian Federation identified a suspicious transaction for the acquisition of 100% shares in AGD-Diamonds JSC (Arkhangelsk region) from Lukoil PJSC by the Otkrytie Holding JSC in 2017 through its 100% subsidiary Otkrytie Industrial Investments LLC. The transaction amount exceeded the value of the enterprise more than 2 times.

Experts described in detail the practice and specifics of the investment law at a workshop held by a branch of FAS Centre for Education and Methodics (Moscow)

The list of the most frequent violations includes: failure to notify transactions establishing control over strategic companies, failure to notify transactions with strategic companies, and submitting incorrect or incomplete data upon official FAS requests