ANNOUNCEMENT 14 Jun 2011

In June 2011, the government of the Russian Federation announced changed rules for foreign investors.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE



Federal Law No.142-FZ, 14 June 2011, "О внесении изменений в отдельные законодательные акты Российской Федерации в связи с совершенствованием правового регулирования в сфере средств массовой информации" ("On amendments to certain legislative acts of the Russian Federation in connection with the improvement of legal regulation in the field of mass media"), http://ivo.garant.ru/proxy/share?data=q4Og0aLnpN5Pvp_qlYqxjK_xqrzXt9W_qeqZArb1tcalo_yf8-aowbnJtcvygADzs-CA4JPinOGL8pjwn7XksvC9xL7Kjue0lRrwjOKE6bbptOX1

Inception date: 14 Jul 2011 | Removal date: open ended

FDI: Entry and ownership rule

By the Federal Law No.142-FZ, 14 June 2011 the Russian Federationprohibitedforeignlegalentities,aswellasRussianlegal entitieswithaforeignshareexceeding50percent,frombecoming founders of radio stations that broadcast in the area covering more than half of the Russian regions or the area populated by more than 50 percent of the country's population.

AFFECTED SECTORS

 
N/A

AFFECTED PRODUCTS

 
N/A