Global Trade Alert
Global Trade Alert

Russia: Authorisation for certain companies to exclude the votes of shareholders from the "unfriendly" countries

Announcement

17 Jan 2023

In January 2023, the president of Russia signed Decree No.16, allowing certain Russian companies' boards of directors not to take into account the votes of shareholders from the "unfriendly" countries. In January 2026, the measure was extended until 31 December 2026.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

17 Jan 2023

Revocation date:

31 Dec 2026

To be prolonged: 01 Jan 2026
FDI: Treatment and operations, nes In force
On 17 January 2023, the president of Russia promulgated Decree No. 16, allowing certain Russian companies to exclude foreign shareholders from the "unfriendly states" from the corporate decision-makin...
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