Russia

The Russian Federation is a sovereign country in Eurasia, and is the largest country in the world by area. With over 144 million people living in the country, it is the ninth most populous country. With about 77% of the country’s population living in the European-Russia, a majority of these areas are highly urbanized in the country.

After the Russian Revolt, the Russian Soviet Federative Socialist Republic was the largest constituent in the country and was the world’s first socialist-state. The country had a major impact during WWII and was a major rival to the US during the Cold War. In the 20th century, many of the world’s most significant technological advancements, including the first satellite launching, occurred during the Soviet Era.

Ranked by nominal GDP, Russia has the 12th highest GDP in the world, and the sixth largest purchasing power parity (2015). Mineral and energy reserves are highly prominent, and the country has the largest reserves worldwide. It is one of the world’s five-recognized nuclear states, and possesses the largest stockpile of weapons of mass destruction in the world.

Russia is a member of NATO, G20, World Trade Organization, Organization for Security and Co-operation in Europe, Asia-Pacific Economic Cooperation, the United Nations Security Council, and other worldwide organizations.

Today the country is a federal with semi-presidential rule, with the President being the head of the state, and Prime Minister is the head of the government. It is comprised of the three governmental branches (legislature, judiciary, executive). Presidential elections are held every 6-years, and determined by popular vote.

The Russian government is anchored by the Legislative branch consisting of the bicameral Federal Assembly of Russia, divided into two branches.  The first is the 450 Member State Duma, the lower house of the legislature that meets in Moscow and replaced the Supreme Soviet in the Constitution approved by the Russian Public after the Constitutional Crisis of 1993, and was approved by the Russian people through a public referendum.  The upper house of the Russian legislature is the Federation Council, which consists of two representatives from each section from the Russian Federation. The Federation council reviews bills passed by the State Duma on fiscal matters, and this chamber also oversees border changes, approval of presidential decrees on states of emergency, martial law, and the deployment of Russian Armed Forces outside of Russia, among other duties including removal of the president from office.

The Russia Judiciary consists of the Constitutional Court, Supreme Court and lower federal courts, with judges appointed by the Federation council with recommendations from the President. The Constitutional Court’s purpose is to protect the Constitution of Russia- known as “Constitutional Control” or “Constitutional Supervision.’  Nineteen judges sit on this court, divided into two chambers of 10 and 9 judges, respectively. The Chairman presides over one chamber, and the Deputy Chairman presides over the other.  Judges are nominated by the President and appointed by the Federation Council for a 12 year term, and all judges must be a Russian Citizen, 40 years of age, possess a legal education, and have attained “high qualification” after being a lawyer for at least 15 years. The Supreme Court of the Russian Federation, similar to the US Supreme Court, is the court of last resort for administrative, civil and criminal cases.

Russia is recognized as a successor state of the Soviet Union. The country is one of the five-members of the UN Security Council, playing a major role in international peace and security. After dissolution of the Soviet Union, the country has also engaged in better relations with NATO and the United States.

The National Law Review covers the latest stories which are developing in Russia and around the world. From the interference with the 2016-US Presidential Election, LGBT rights, media freedom and Trade sanctions against Russia are some of the stories visitors will find on the site. Trade relations, embargos, international affairs, and information about the Kremlin, Putin, and the country’s impact on the United States and the rest of the world, are topics which are highly covered on the National Law Review.

 

Custom text Title Organization
Apr
13
2022
More Export Controls and Higher Customs Duties on Russia & Belarus ArentFox Schiff LLP
Apr
12
2022
Ukraine Invasion Creates ESG Shifts, Refocuses Nations on Economic Sovereignty, and Reemphasizes Central Bank Digital Currencies’ Risks and Benefits Nelson Mullins
Apr
12
2022
BIS Amends Export Administration Regulations with Respect to Russia and Belarus Squire Patton Boggs (US) LLP
Apr
11
2022
Russian Sanctions: How Will They Impact Credit Default Swaps? Proskauer Rose LLP
Apr
11
2022
Sanctions and Export Controls: April 6, 2022 [VIDEO] Bracewell LLP
Apr
8
2022
BIS Takes Enforcement Action Against Russian Airlines — but not Lessors or Financers — For Flights to or Within Russia Katten
Apr
8
2022
Japanese Financial Sanctions on Russia Over Invasion Into Ukraine Greenberg Traurig, LLP
Apr
8
2022
The Economic Crime (Transparency and Enforcement) Act 2022 – Impact on UK Sanctions Regime K&L Gates
Apr
8
2022
Biden Administration Rolls Out New Tranche of Sanctions on Russia Blocking Major Russian Banks and Elites and Prohibiting New Investment ArentFox Schiff LLP
Apr
7
2022
New U.S. Sanctions Restrict Investment and Services in Russia and Block Major Russian Banks K&L Gates
Apr
7
2022
Global Law Enforcement Win: Germany Shuts Down Hydra and U.S. Department of Treasury Follows With Sanctions Robinson & Cole LLP
Apr
7
2022
Update on OFAC Cyber Sanctions List: Hydra and Garantex Robinson & Cole LLP
Apr
7
2022
‘An Unusual Case in All Sorts of Ways’ – English High Court Considers Administration Application for Russian VTB Bank’s London Arm Greenberg Traurig, LLP
Apr
1
2022
Russian Government Officials Charged with Hacking U.S. Energy Infrastructure Robinson & Cole LLP
Apr
1
2022
Russia-Ukraine Sanctions in Australia K&L Gates
Mar
31
2022
BIS Grants Authorization of Aircraft to Leave Russia and Updates List of Aircraft Operating in or to Russia in Violation of Export Controls Katten
Mar
31
2022
Russian Sanctions Create Patent Risks Womble Bond Dickinson (US) LLP
Mar
31
2022
Intellectual Property in Russia Schwegman, Lundberg & Woessner, P.A.
Mar
31
2022
With Russian Hackers on the Rise, Need for Cybersecurity Whistleblowers is More Urgent than Ever Tycko & Zavareei LLP
Mar
29
2022
Sanctions Against Russia and Restrictions on Flow of Capital Lead to First Chapter 11 Filing in the United States and Will Likely Lead to More Filings Squire Patton Boggs (US) LLP
Mar
29
2022
The Effects of the Military Conflict in Ukraine on Supply Contracts Squire Patton Boggs (US) LLP
Mar
28
2022
The Kremlin’s Intellectual Property Cold War: Legalizing Patent Theft with Decree 299 K&L Gates
Mar
28
2022
Trial by Fire for Polish Export Credit Insurance Squire Patton Boggs (US) LLP
Mar
25
2022
U.S. Imposes Further Rounds of Sanctions on Russia K&L Gates
Mar
24
2022
New State Aid Temporary Framework in The Wake of The Aggression Against Ukraine by Russia McDermott Will & Emery
Mar
24
2022
UK Russian Sanctions – Updated Guidance on Ownership and Control Greenberg Traurig, LLP
Mar
24
2022
Ukraine Crisis: Global Sanctions Developments Squire Patton Boggs (US) LLP
Mar
24
2022
Bracewell Sidebar: Know Your Client, Know Your Customer, Know Your Counterparty Practice [PODCAST] Bracewell LLP
Mar
23
2022
Cryptoasset firms and sanctions Squire Patton Boggs (US) LLP
Mar
23
2022
Will an Act of War Destroy Your Cyberinsurance Coverage? Womble Bond Dickinson (US) LLP
Mar
23
2022
Joint Statement Issued by ECN on Application of Competition Law in the Context of the War in Ukraine McDermott Will & Emery
Mar
23
2022
FBI Warns U.S. Critical Infrastructure Subject to Reconnaissance for Cyberattacks Squire Patton Boggs (US) LLP
Mar
22
2022
Foley Automotive Report: March 22, 2022 Foley & Lardner LLP
Mar
22
2022
President Biden Calls upon Companies’ Patriotic Obligation to Prepare for Cyberattacks Squire Patton Boggs (US) LLP
Mar
22
2022
US Actions on Russia and Russia-related Sanctions Squire Patton Boggs (US) LLP
 

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