FAS EXPLAINS

17-04-2018 | 10:56

The antimonopoly body published answers to the most popular questions regarding control over foreign investments on its web-site

 

FAS keeps receiving questions from individuals and organizations about control over foreign investments.

 

The most frequent questions in Q1 2018 included:

 

- “Preliminary” procedure of approving transaction when a Russian citizen voluntarily left the company, as a result of which a foreign national gained the right to dispose of more the 50% of the total votes

 

- Obligation of a custodian bank to get consent for acquiring over 50% voting shares of a foreign company, which, in its turn, owns 100% voting shares of an economic entity of strategic importance

 

- Establishing indirect control transferring shares to “trust”.

 

Answers to these and other questions prepared by the Department for Control over Foreign Investments can be found in the Q&A section under the “Control over foreign investments” category.