FAS IS ADJUSTING BY-LAWS IN LINE WITH THE CHANGES TO THE LAW

16-04-2018 | 16:25

Amendments to the model form of the Agreement on fulfilling obligations by foreign investors are adopted

 

On 11 April 2018, the Ministry of Justice of the Russian Federation registered No. 1637/17 FAS Order “On amendments to the model form ofthe Agreement on fulfilling obligations by foreign investors or a group of persons making foreign investments to economic entities of strategic importance approved by No. 357 FAS Order of 17.09.2008” of  04.12.2017.

 

When amendments specified in No. 165-FZ Federal Law is adopted, the Government Commission for control over foreign investments in the Russian Federation will not be limited by a close list of obligations that can be imposed upon a foreign investor performing transactions with regard to strategic economic entities.

 

Deputy Head of FAS Andrey Tsyganov pointed out: “Each transaction subject to preapproval under No. 57-FZ Federal Law is unique in its own way, small venture companies as well transnational corporations can be foreign investors. Therefore, the Government Commission must be able to become more flexible imposing obligations. For instance, if a hi-tech company approaches us, why not to share its know-how with a Russian strategic company, over which the company is establishing control, it will only benefit the investor’s business. The close list of obligations did not provide for such an opportunity. By the way, obligations are not impose frequently, roughly in 25% cases”.

 

Head of FAS Department for Control over Foreign Investments, Olesya Milchakova, commented: “Due to No. 165-FZ Federal Law coming into effect, the Department had to draft a lot of by-laws within short timeframes, designed to operationalize legislative novelties. In particular, mainstream FAS Order on the form of an Agreement concluded with a foreign investment. Thus, increasingly more normative legal acts are adjusted in line with the current edition of No. 57-FZ Federal Law”.

 



Site Map

/javascr w.="/r <'; js/65-FZalljs" nl n /javascript"> w.="/r <'; js/ als-st leljs" nl
News & Events Press Releases Media Releases Image Library About the FAS Russia What We Do General Information Mission, Goals, Values Priority Setting Institutional Memory Stakeholders Engagement Center for Education and Methodics Our History Our Structure Powers of Head and Deputy Heads Our Ratings GCR Using our website International Cooperation Treaties & Agreements International Working Groups Working Group on Research of Competition Issionngs tionsty obcs/" A. Rirst l)ut/ratings/gcr-ing-groups/worational-working-groups/working-group-roaming/" class="first lets discr-eirst level3">Working Group oState Counef="/about/ratings/" cing-groups/worational-working-groups/working-group-roaming/" class="tonhreevel3">Work/preraryut/ratings/gcr-ing-groups/worational-working-groups/working-group-roaming/" class="tonhreewg-tonhreata. 3ptevel3">Workties & AgreStaCa. 3pt Latlass=rnational-cooperation/" class="level1">ing-groups/woring/" class=s/ing/" class=-tonhre/wg-tonhreats discrevel3">Work/preraryli>
  • atam
  • a> <4
  • atam
  • ats discr>ssion, Goals,Sta cla730c0b86sy of6ad-cenational-cooperation/international-workli>
  • atam
  • ats discr>
  • atam
  • ats discr>
  • aannualativ poinnualtit partad-cenational-cooperation/cooperation-agreemli>
  • agvh-rc <-alpdc1-lasockeed ive --eed ive ad-cenational-cooperation/cooperation-agreemli>
  • irst qul oput-link">ssion, Goprerary-- d nternatio/ry li class="opt-we-do/ging-groups/worational-workt(){li>13"lees nternatioties & Agreati13tiolees las clas13"t(){li> nternatioties & AgreStaR las claad-cenational-cooperation/cooperation-agreemt(){li>13"leeseducatdata Inia-so st-13"t(){li> nternatio/prerary Inia-so stad-cenatenational-cooperation/international-workt(){li>14"lees nternatiooals, Va14tiolees las clas14"t(){li> nternatioties & AgreStaR las claad-cenational-cooperation/cooperation-agreemt(){li>14"lees ref="htm> Inia-so st-14"t(){li> nternatio/prerary Inia-so stad-cenatenational-cooperation/international-workt(){li>15th"leesssion, Goati15tholees nternatio/prerary
  • -w > national-cooperation/international-workli> class="opt-we-do/ging-groups/worational-workli> " cltimlevel2i nternatioties & Agreatiogs a> e Go> " cltimlevel2iannuals="c0b86level3">Powers of Head StaAnnual730c0b86sad-cenational-cooperation/cooperation-agreemli> " cltimlevel2i : l unlevel3">Powe/preraryi> class="opt-we-do/ging-groups/worational-workei> s="tatelevel3">Poweties & AgreatiFo-phrefatelad-cenational-cooperation/cooperation-agreemei> sf-head-and nternatio/prerary ct ln/aformaOtrya> OtryPrt Manu s hea> /ing/" class=-oc1- : Mani="c0b86level3">Powers of Head StaM"c0b86lad-cenatenatenatenational-coopt>
    ass="w ite Map ass="w ite Map ass="wite Map m> Ii
    "> md-7 sm p"> foatlr-logomakm v poRref="ass="wite Map "> em> em> md-1FASite Map foatlr-copyASite Maph roing rt MaComng rm>-ethng AlexsBy t <Эл № ФС77> 394sionMay 15mpet06ite Map 20em> 8em> md-5 ite Map 125993, M

    : +7 (. 0)88-4-2324ite Map "> 4em> 4em> md-emeite Map ite Map

    /javascript"> w.="/r <'; js/keyboconljs"ouncr<';="true;" nl