Asset Unfreezing: What’s Next?

Elvira Nabiullina, Chair of the Bank of Russia, announced that Russian investors have successfully unfrozen assets worth 570 billion RUB, affecting 1.5 million people.

At the moment, no major new initiatives for asset unfreezing are being considered. However, work continues on possible mechanisms to protect investors’ rights.

If your assets are still frozen, we know how to solve this issue! Contact us, and the experts at AT Law Firm will help you obtain a license from the Belgian Treasury and regain access to your funds.

Other News

14 March 2025

Reminder on obligation to file CFC Notifications on behalf of legal entities

In accordance with the Russian Tax Code, organizations which control foreign companies (CFCs) are obliged to file a CFC Notification to the tax authority by March 20, 2025. If an organization fails to file the CFC Notification within the specified period, it may be held liable to a fine of RUB 500,000 for each CFC. […]

13 March 2025

Ilya Aleschev, partner at the law firm Alimirzoev & Trofimov, was recognised in the Pravo.ru-300 rating as one of the leading lawyers in Russia in the practice of family and succession law

12 March 2025

An article by Julia Zamyatina, Partner at AT Law Firm, about the changes that came into effect in early March regulating the work of mentors has been published in Vedomosti.

The full text of the article is available here.

12 March 2025

Notification of the Russian Federal Tax Service on receiving digital currency as a result of mining

Starting from 01.01.2025, the Decree of the Russian Government No. 1466 dated 01.11.2024, has come into effect. This decree obligates individuals engaged in digital currency mining to provide information to the FTS about the digital currency received as a result of mining. The scope of the information to be disclosed is outlined in s. 5 […]

10 March 2025

The UK Suspends the DTT with Russia

According to a notice published on the UK government’s website, the DTT will no longer be applied by the UK from the following dates: – From April 6, 2025 – for Income Tax and Capital Gains Tax. – From April 1, 2025 – for Corporation Tax. After these dates, only domestic tax law will apply, […]

7 March 2025

Sweden Suspends the DTT with Russia

On January 30, 2025, the Swedish government published a notice regarding the suspension of the DTT with Russia. Starting from February 10, 2025, Sweden will no longer apply the DTT. However, the Russian side has suspended the following articles of the DTT with Sweden: – Articles 5–22 – Article 24 – Articles 27–28 – Article […]

5 March 2025

An article featuring Vladislav Monakhov was published in the “Kommersant” magazine

Vladislav Monakhov, Senior Associate at the law firm “Alimirzoev and Trofimov,” provided commentary in the article for the magazine “Kommersant” that Silmash may pay 0.5 billion rubles for the failure to deliver equipment.

5 March 2025

New Compensation Rules for Unused Days Off Upon Dismissal

Starting March 1, 2025, changes in legislation regarding compensation for unused days off upon dismissal will come into effect. Employers will now be required to compensate employees for all unused rest days granted for working on weekends and public holidays. Employees will receive the difference between the increased pay for working on a weekend and […]

3 March 2025

Introduction of Escrow Accounts for the Construction of Individual Residential Houses

Starting March 1, 2025, Russia will implement an escrow account mechanism for individual housing construction under construction contract agreements. Federal Law No. 186-FZ “On the Construction of Residential Houses Under Construction Contracts Using Escrow Accounts” regulates the financing process: the client’s funds are held in a special account and become available to the contractor only […]

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