Maxim Avrashkov has discussed with RBC scenarios for unblocking Russian investors' accounts with European depositories
Russian investors were cut off from their securities in spring. In early June, the EU imposed sanctions against the National Settlement Depository (NSD), which legitimised the previous restrictions and increased investors' fears. Maxim Avrashkov, Managing Partner at Maxima Legal, told RBC about the reasons for the blockage and possible ways to…
05.10.2022
Maxima Legal participated in the Legal Masters Forum
Maxima Legal experts took part in the third Legal Masters Forum held in Voronezh on 15-17 of September. Nikita Deynega, Senior Associate, Head of Tax and Administrative Law Practice at Maxima Legal, moderated the Private Wealth section dedicated to key aspects of working with private clients as well as outlined "sanctions" and "counter-sanctions"…
19.09.2022
Sergey Tarasevich has explained to EJ-Jurist Magazine the Bank of Russia's position on certain securities and real estate transactions with residents from unfriendly countries
Specially EJ-Jurist Magazine, Sergey Tarasevich, Associate of Tax & Administrative Law practice at Maxima Legal, has analyzed the letter of the Bank of Russia dated 30.08.2022 № 010 31 4/8237. The document confirms the absence of the need to obtain permission for some transactions with securities and real estate with residents of unfriendly…
08.09.2022
Nikita Deynega has told Pravo.ru how a lawyer should write a CV
Specially for Pravo.ru legal portal? Nikita Deynega, Senior Associate, Head of Tax & Administrative Law practice at Maxima Legal, explained what a lawyer should look out for when drafting a CV. Thus, according to Nikita, there is no need to resort to career specialists. For lawyers, distinguished by the ability to articulate their…
07.09.2022
Maxima Legal announces launch asset rescue project blocked by EuroClear
In March 2022, the National Settlement Depository (the NSD) reported that its account operations were restricted by EuroClear; in June, the depository was officially added to the sanctions list. The situation is exceptional and no unequivocally effective way to resolve it has been formed so far. Therefore, Maxima Legal launched several legal…
06.09.2022
Elizaveta Pastushenko has told Bankiros how to open a bank account in Armenia
Armenia has become one of the popular countries for opening bank accounts since the imposition of sanctions against the Russian Federation. Among the advantages of the jurisdiction are its loyal attitude to both Russia and Western countries, the wide opportunities for opening ruble accounts, as well as the widespread use of the Russian language.…
06.09.2022
Maxim Ali has told Cyber Media about current gaps in personal data regulation in Russia
Against the backdrop of the increasing number of cases of mass publication of personal data, further amendments to the relevant legislation are expected to be introduced in the near future. In particular, an initiative to impose turnover-based fines on operators for the "loss" of personal information of more than 10,000 users is being widely…
31.08.2022
Natalia Demina analyzed for Finversia the situation with blocked Russian's assets in Europe
Natalia Demina, Partner, Head of Private Wealth practice at Maxima Legal, spoke on the problem of blocking of Russian private investors' securities by EuroClear and assessed the possible ways of rescuing these assets, especially for the financial portal Finversia. "There are a number of administrative and judicial options. In all options the…
29.08.2022
Natalia Demina has explained to Financial One how to legally deal with blocked assets
In an interview with the Financial One online magazine for financial markets, Natalia Demina, Partner and Head of Private Wealth practice at Maxima Legal, explained what legal measures could help Russian investors to unblock assets placed with the National Settlement Depository (NSD) that have been "frozen" by EuroClear. "From a legal point of…
24.08.2022
Elizaveta Pastushenko has commented on the position of the Supreme Court of the Russian Federation on the restoration of the missed period for acceptance of inheritance in the absence of family or friendship ties with the testator
The Supreme Court of the Russian Federation has considered whether a person who is not a relative and is not bound by any obligation to a testator should maintain relations with him and subsequently bear the risks associated with the absence of any communication. Thus, in one of decisions the highest court stressed that the heir should not have…
24.08.2022