On 30 December 2011, the Russian Finance Ministry issued a letter outlining the authorities' view on the 'beneficial owner' concept and taxation of Eurobonds interest. In this briefing, Pepeliaev Group's Ivan Zelenin outlines how the beneficial owner concept exerts a great influence.
Law Firm: Pepeliaev Group | Published: 15 May 2012 | Practice Area: Cross Border
With the introduction of a single European passport for securities, investors can now forum shop for the jurisdiction of choice to locate their holding company. This article details why Cyprus has experienced an inflow of applications for initial public offerings and admissions to trading of shares.
Law Firm: Harneys | Published: 24 April 2012 | Practice Area: Cross Border
On 27th March, the UK government published a consultation document raising the possibility of important changes in the taxation of interest. The most significant change is likely to be the suggestion that the availability of the quoted Eurobond exemption from withholding tax should be limited.
Law Firm: Travers Smith | Published: 11 April 2012 | Practice Area: Enforcement and Regulation
Companies involved in cross-border transactions are exposed to a variety of legal risks. This article from Eversheds addresses some of the most common pitfalls when contracting internationally, and offers practical tips on how to avoid them and what to do if a dispute does arise.
Law Firm: Eversheds | Published: 10 April 2012 | Practice Area: Cross-border: Commercial and International Trade
In December 2011, adjustments were made to the Russian Federal Law on customs tariffs as well as the Russian Code of Administrative Offences. This briefing outlines the effect of the changes and the significant consequences for businesses involved with cross-border trade with Russia.
Law Firm: Pepeliaev Group | Published: 10 April 2012 | Practice Area: Cross-border: Commercial and International Trade
In the current economic climate, it is important that lenders understand how they can enforce security and debt claims. This thorough guide from Eversheds provides an overview of the steps that need to be taken to enforce both secured and unsecured claims in a range of key European jurisdictions.
Law Firm: Eversheds | Published: 05 April 2012 | Practice Area: Capital Markets and Debt Securities
The UK specifically welcomes visa applications from those with capital to invest at least £1 million. This guide details the requirements to be met by applicants wishing to acquire residency by securing a Tier 1 (Investor) visa, how the application works and how to acquire permanent residency.
Law Firm: Mishcon de Reya | Published: 16 February 2012 | Practice Area: Cross Border
The House of Commons has objected to the proposed regulation to introduce a Common European Sales Law on the basis that it does not comply with the principle of subsidiarity. This briefing discusses the House's opinion and why the objections have been raised.
Law Firm: Herbert Smith | Published: 05 January 2012 | Practice Area: Cross-border: Commercial and International Trade
On 16 December 2011, members of the WTO adopted Russia's terms of entry, culminating the country's 18-year effort to join the multilateral trading system. This briefing summarises the main effects of WTO membership for Russia and the new trade rules with which it will have to comply.
Law Firm: DLA Piper | Published: 03 January 2012 | Practice Area: Cross-border: Commercial and International Trade
This client alert from Reed Smith summarises the current sanctions against Iran following the recent publication of the International Atomic Energy Agency's latest report. The briefing focuses on the sanctions' financial and commercial consequences for the UK, EU and USA.
Law Firm: Reed Smith | Published: 30 November 2011 | Practice Area: Cross Border
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