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.

 

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Mar
7
2023
Boots on the Ground or Hands on a Keyboard: Merck and Insurers Battle Out the War Exclusion Hunton Andrews Kurth
Mar
2
2022
US Sanctions Tighten on Russia’s Financial Sector and Technology Imports Hunton Andrews Kurth
Feb
1
2022
Russian Federal Security Service Reportedly Detains Members of REvil Ransomware Group Hunton Andrews Kurth
Mar
8
2022
Government Officials Renew Call for Crypto Regulation Hunton Andrews Kurth
Jul
19
2014
New Ukraine-Related Sanctions Imposed on Russian Interests McDermott Will & Emery
Jan
13
2013
Russia Transfer Pricing: Another BRIC in the Wall McDermott Will & Emery
Oct
3
2013
State-Chartered Entity Lacks Standing to Sue over Russian-Federation-Owned Stoli Trademarks McDermott Will & Emery
May
1
2014
New G-7 Sanctions Against Russia McDermott Will & Emery
Jul
21
2015
‘Right to Be Forgotten’ in Russian Data Protection Law Has Passed All Stages of Approval McDermott Will & Emery
Mar
4
2022
Ukraine Crisis: UK Government Imposes Significant Sanctions Against Russia McDermott Will & Emery
Jun
20
2011
The FCPA in BRIC Countries: 2011 Enforcement Trends in Emerging Markets McDermott Will & Emery
Jun
8
2021
Global Employment Law Update - Part 6: Russia to South Africa McDermott Will & Emery
Mar
1
2022
Ukraine Crisis: European Union Imposes Additional Sanctions on Russia and Belarus McDermott Will & Emery
Dec
23
2011
Russia’s Upcoming WTO Membership Offers New Opportunities for U.S. and Multinational Businesses McDermott Will & Emery
Feb
27
2013
Russian Transfer Pricing Law McDermott Will & Emery
Mar
23
2022
Joint Statement Issued by ECN on Application of Competition Law in the Context of the War in Ukraine McDermott Will & Emery
May
4
2022
European Union, United Kingdom Propose New Sanctions Against Russia, Including Ban on Certain Services McDermott Will & Emery
Mar
8
2012
Non-EU Countries Oppose Inclusion of Emissions from Airlines in EU ETS McDermott Will & Emery
Sep
8
2014
Processing Personal Data in Russia? Consider These Changes to Russian Law and How They May Impact Your Business McDermott Will & Emery
Mar
10
2022
Ukraine Crisis: New US Sanctions on Russia and Belarus McDermott Will & Emery
Jul
24
2013
A Call to Rewrite the Fundamentals of International Taxation: the Organization for Economic Co-operation and Development (OECD) Base-Erosion and Profit-Shifting (BEPS) Action Plan McDermott Will & Emery
Mar
24
2022
New State Aid Temporary Framework in The Wake of The Aggression Against Ukraine by Russia McDermott Will & Emery
Feb
25
2022
Russian Invasion of Ukraine Triggers Global Sanctions: What Businesses Need to Know McDermott Will & Emery
Apr
29
2020
BIS Broadens Prohibition on Exports to China, Russia and Venezuela for Military End Users or Military End Use, Requires EEI Filing for almost all Non-EAR99 Exports to these Destinations, Irrespective of Value or Sensitivity, Eliminates License Exception C Wiggin and Dana LLP
Jan
6
2020
Court Vacates $2 Million OFAC Penalty Imposed on Exxon Mobil in Ukraine Sanctions Case Wiggin and Dana LLP
May
4
2018
From Oligarch to SDN: New Designations Deepen Risks of Business with Russia Wiggin and Dana LLP
Mar
22
2021
U.S. Imposes Additional Export Restrictions on Russia Wiggin and Dana LLP
May
24
2018
U.S. Bureau Of Industry And Security Updates Unverified List Wiggin and Dana LLP
Oct
17
2017
New Executive Order Extends Reach of North Korea Sanctions to Foreign Businesses Wiggin and Dana LLP
Sep
21
2018
Trump Withdraws from Iran Nuclear Deal: US to Reimpose Sanctions Wiggin and Dana LLP
Mar
4
2022
Client Alert - Russian Sanctions: The Impact on the Ability to Conduct Business Norris McLaughlin P.A.
Mar
17
2022
Russian Invasion of Ukraine Sparks Expansion of Government Protections for Ukrainians Norris McLaughlin P.A.
Mar
19
2022
Immigration Weekly Round-Up: Labor Secretary Calls for Immigration Changes; New Jersey Impacted by War in Ukraine; European "Heiress" Ordered Deported Norris McLaughlin P.A.
Feb
28
2022
Client Alert - Cybersecurity: The Importance of Protecting Sensitive Information Norris McLaughlin P.A.
Feb
12
2018
The Hague System for the Registration of International Design Rights Welcomes Russia Sterne, Kessler, Goldstein & Fox P.L.L.C.
 

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