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
Jun
28
2024
Expansion of US Sanctions on Russia Increases Sanctions and Compliance Risks for Foreign Firms Hunton Andrews Kurth
Jun
27
2024
New Russia Sanctions Target IT Services, Enterprise Management Software, and Foreign Financial Transactions Blank Rome LLP
Jun
27
2024
BIS Amends the EAR to Expand Sanctions Against Russia and Belarus and Over 300 New Sanctions Designations Squire Patton Boggs (US) LLP
Jun
25
2024
Important Lesson for the Aviation Industry and Other Commercial Policyholders: Exclusive Jurisdiction Clauses in Insurance Policies are Not Always Enforced K&L Gates
Jun
22
2024
Now Including the Kitchen Sink: Expansion of Export Controls on Russia Adds Restrictions on Low-Level Items and Software Sheppard, Mullin, Richter & Hampton LLP
Jun
14
2024
US Government Throws “Kitchen Sink” Export Controls at Russia, Plus Sweeping EAR99 Software Controls, and IT and Software Services Sanctions ArentFox Schiff LLP
Jun
14
2024
U.S. Expands Russia Sanctions, Focusing on Financial Infrastructure and IT/Software-Related Services Greenberg Traurig, LLP
Jun
13
2024
The BR International Trade Report: June 2024 Blank Rome LLP
Jun
13
2024
OFAC Tightens Russia Sanctions; BIS Cracks Down on Diversion Sheppard, Mullin, Richter & Hampton LLP
Jun
7
2024
Spotlight on the “Partner Countries” Exemption from Sanctions Against Russia McDermott Will & Emery
Jun
6
2024
The Russian Federation’s Introduced Compensation Protocol in Response to the Unfriendly Acts of the US Squire Patton Boggs (US) LLP
May
8
2024
Say SoL Long to Short Limits: Doubling Down on the Sanctions Statute of Limitations Sheppard, Mullin, Richter & Hampton LLP
May
2
2024
The Price Cap on Russian Oil – Part 2: Updated OFAC Guidance Squire Patton Boggs (US) LLP
Apr
28
2024
The Price Cap on Russian Oil – Part 1: Increased OFAC Enforcement Squire Patton Boggs (US) LLP
Apr
18
2024
New Threat: Scattered Spider International Coalition of Hackers Robinson & Cole LLP
Mar
28
2024
E(U)xterritoriality of EU Sanctions: The No Russia Clause Sheppard, Mullin, Richter & Hampton LLP
Mar
19
2024
The BR International Trade Newsletter: February 2024 Blank Rome LLP
Mar
15
2024
The BR International Trade Newsletter: March 2024 Blank Rome LLP
Mar
11
2024
U.S. Government Imposes Historic Sanctions on Russian Parties and Entities Transacting with Russia Greenberg Traurig, LLP
Feb
27
2024
US Sanctions Hundreds More on Second Anniversary of Russia’s Invasion, Highlights Perils of Continuing Business in Russia, But Does Not Change Substantive Laws ArentFox Schiff LLP
Feb
26
2024
Western Governments Impose Range of New Russia Sanctions with Focus on Sanctions Evaders Cadwalader, Wickersham & Taft LLP
Feb
20
2024
BIS Amends the EAR To Implement Additional Sanctions Against Russia and Belarus and To Revise Existing Export Controls on Russia, Belarus and Iran Squire Patton Boggs (US) LLP
Feb
2
2024
OFAC Issues Russian Oil Price Cap Alert on Evasion Techniques Nelson Mullins
Jan
30
2024
Commerce Tidies Up the Russia/Belarus Export Controls and Adds Aircraft and Drones (HTS Ch 88) to Its License Requirements ArentFox Schiff LLP
Jan
3
2024
New U.S. Russia Sanctions Target Financial Support of Military-Industrial Base and Expand Ban of Seafood Imports Blank Rome LLP
Dec
29
2023
New Russia Sanctions Intensify Pressure on Banks Worldwide Sheppard, Mullin, Richter & Hampton LLP
Dec
21
2023
Sanctions Enforcement in the Cryptocurrency Industry Continues to be a Focus Sheppard, Mullin, Richter & Hampton LLP
Dec
15
2023
US Government Highlights Sanctions and Export Control Obligations to Improve Compliance and Prevent Evasion K&L Gates
Dec
13
2023
International Trade, Enforcement & Compliance Recent Developments Update (December 13, 2023) Foley & Lardner LLP
Dec
11
2023
Sri Lanka | New Visa Policies Announced to Boost Tourism and Foreign Investment Berry Appleman & Leiden
Dec
7
2023
Five Eyes on Sanction Enforcement: Joint Guidance on Russia Sanctions Evasion From U.S. and Allies Identifies Detailed Expectations for Export Control Diligence in Sensitive Transactions Robinson & Cole LLP
Nov
29
2023
International Trade, Enforcement & Compliance Recent Developments Update (November 29, 2023) Foley & Lardner LLP
Nov
28
2023
New Government Guidance and UK High Court Seeks to Settle Disarray in UK Sanctions Law K&L Gates
Nov
22
2023
Tashkent and Almaty Added as Processing Posts for Russian IR-5 Cases Greenberg Traurig, LLP
Nov
2
2023
UK Sanctions Law in Disarray? What You Need to Know K&L Gates
 

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