New Russian Law Will Limit Minority Shareholders’ Information Rights

25 July 2017
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Key takeaways

  • Pending changes to Russian corporate law will limit the ability of minority shareholders to access information.
  • Rights to access a joint-stock company’s information will depend on the shareholder’s ownership threshold.
  • For public joint-stock companies, shareholders’ information rights will be limited to an exhaustive list of documents and information specified in the law.
  • Companies will have the right to deny access to their information and documents on certain grounds, and access to confidential information will require a confidentiality agreement.