RECOMMENDATIONS of the FAS Russia Presidium on the application of a waiver of confidentiality in the process of considering global mergers and acquisitions

17.08.2020 | 17:36

Type: Administrative regulations FAS

In March 2019, the FAS Russia Presidium published the Recommendations on the use of waivers while considering global mergers and acquisitions (M&As).

The Recommendations were prepared jointly with leading lawyers and experts, the Association of Antimonopoly Experts and the Eurasian Antimonopoly Association.

The model recommendations on the application of a waiver of confidentiality in the process of considering global M&As are aimed at developing the unified practice of using this mechanism by the FAS Russia when interacting with the competition authorities of other countries and the parties to the M&A.

The Recommendations contain information regarding the mechanism for the use of a waiver by the FAS Russia when considering global transactions.

In addition, the Recommendations contain annexes such as a letter template to the FAS Russia on requesting a waiver and a model waiver itself, on which companies could base the requested waivers.

Recomendations of the Presidium of the FAS Russia on use of waivers
(PDF, 304.325 Kb)

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