“Changes related to disclosure of the beneficiaries of offshore companies operating in the territory of the Russian Federation, in our opinion, do not have any grounds. In fact, there is little that changes for the Russian state – if it knows it not the beneficiaries of such companies. But directly for investors such legal provision clearly become an obstacle for the normal functioning of business.
In any case, if these changes take the form of the law, it must be a clear procedure for implementing the mechanism, otherwise there will be serious confusion, which will affect all the Russian investment climate”.
On the basis: www.rg.ru
Andrianova Irina ( the leading lawyer of legal support and banking consulting department of Honest&Bright)
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