Russian citizens who reside permanently in the UK need to be aware of a number of procedural and substantive law issues if they are facing a divorce. In our new article, we touch on the key points that will rise during a divorce procedure.
In an attempt to regulate the country’s crypto economy Russia’s Ministry of Finance has prepared a bill that purports to label mining as a business activity, outlaw unauthorised crypto exchanges, and lay down disclosure requirements for ICOs. While the bill is far from becoming law it provides a timely insight into what Russia’s regulatory framework for crypto assets is set to look like.
On 28th of February 2018 Svetlana London attended the fourth and final UK-Russia FinTech Working Group meeting, organised by the membership body TheCityUK. Svetlana, who is a member of the UK delegation, presented the results of the four working group meetings, which are to be included in the UK-Russia FinTech Report. The Report was presented to the public on the 21st of March 2018 during the Eurasia FinTech Forum in London.
You can download a PDF of the Report here.
We are pleased to announce that CIS London & Partners LLP is now recognised as an ICAEW Partner in Learning.
Founded in 1880, ICAEW (The Institute of Chartered Accountants in England in Wales) is a world leading professional membership organisation that promotes, develops and supports over 150,000 chartered accountants worldwide.
This exciting opportunity means that CIS London & Partner’s legal training covers Law module of ICAEW ACA qualification.
When dealing with a Russian counterparty or otherwise entering the Russian market, companies tend to be wary of their dispute resolution prospects in the country. In our latest client briefing on the subject we offer our UK-based and European clients important insights into litigation in Russia, after the Russian Supreme Court clarified its stance on some of the most burning issues.
Women Who Inspire is a unique platform for empowering female entrepreneurs by sharing knowledge, experiences and success.
Oleg Klodt Architecture & Design studio, whose bespoke interior designs have gained Oleg Klodt and his team of creatives a worldwide recognition and who are our long-time friends – have enthusiastically supported this idea.
The aim of the Brunch was to bring together the leading female figures of diverse backgrounds to discuss relevant issues: what is success and how to achieve it; how to maintain work-life balance and ultimately - what is the role of a woman in today’s society, which is one of the most important conversations of our age.
Speakers included Svetlana London – Managing Partner of CIS London & Partners LLP; Irina Schatton – director at O&A Design; Catherine Kanaeva – partner at Primality LLP; Katerina Nikitina – Zima Magazine Editor-in-Chief.
On Wednesday the 1st of November, TheCityUK in partnership with the British Embassy in Moscow has held an event dedicated to developing and strengthening the Russian-British communication around FinTech. Finance industry executives, decision-makers and FinTech business companies from both countries shared their knowledge and experience on innovation and collaboration during this two-day event.
Svetlana London gave a presentation on ‘How to support market development, maintaining its financial stability’ – which is a part of an FCA Project. FCA is a UK Financial Conduct Authority, whose three main objectives are protecting consumers, enhancing market integrity and promoting effective competition in the interest of consumers.
Moreover, Svetlana took part in the 2nd UK-Russia FinTech Working Group Meeting, themes of which included the FinTech regulatory environment, ICO & Cryptocurrencies and Open API.
The event was highlighted by the Reception at British Ambassador’s Residence, hosted to honour the visit of HRH Prince Michael of Kent.
On 12 October Svetlana London attended a business breakfast hosted by the Thomson Reuters on the “Current legal trends in the context of Brexit: global changes and local implications”. Svetlana gave a presentation “Arbitration post Brexit”, sharing her thoughts on changes for arbitration in London following Brexit.
We are pleased to announce that for five consecutive years The Legal 500 recognises CIS London & Partners LLP as a Tier 1 Foreign Law Firm in London for Russia. The Legal 500 in their 2017 UK edition referred to our firm as follows:
CIS London & Partners LLP ‘has been very successful in positioning itself as an interface between Russian clients and English lawyers’. The London team offers specialised advice on Russian law and the laws of other CIS countries. It is recommended for M&A deals, joint venture deals and cross-border transactions with Russian or CIS aspects; the practice also acts in multi-jurisdictional disputes, employment law issues, IP and TMT matters, taxation and financial services. Svetlana London is ‘sensible, intelligent and very thorough in her approach, and she is trusted by clients’. Senior associate Valeria Ivasikh is ‘a business-oriented lawyer, who provides the best solutions’ and specialises in venture investments and corporate governance.
We are also delighted that our Senior Associate Valeria Ivasikh has been listed in The Legal 500 Next Generation Lawyers.
The CIS LONDON team has recently completed registration of the Foundation for Palliative Care Education (PACED) as a charity in the UK, through the Charity Commission. This charitable organization is conceived to provide systematic support to professionals in the field of palliative care and related areas, in regions where palliative and hospice care are underdeveloped.
It was an honour for us to provide assistance to the PACED trustees, who include:
Dr Robert Twycross - professor of Oxford University, one of the pioneers of hospice and palliative medicine in UK. Founder member of the International Association for the Study of Pain (IASP); The Association of Palliative Medicine of Great Britain and Ireland; the European Association for Palliative Care; and the Palliative Care Research Society (UK).
Nyuta Federmesser - founder of the VERA Hospice Charity Fund, the only Russian non-profit organisation that provides support to hospices and their patients, and a director of the Moscow Centre for Palliative Medicine.
Dmitry Yampolskiy - successful Russian advocate with years of experience in pro bono work and a Chairman of the Board at the VERA Hospice Charity Fund.
PACED aims to improve the availability of relevant information for professionals in the field of palliative care; to help create technologies for the application of this knowledge; and to ultimately equalize the standards of palliative care across the world.
Registration of PACED in the UK, with the support of CIS LONDON, is the first step towards raising the level of palliative care to an international standard in the CIS countries and other regions of the world where palliative is in the initial stages of development.
Svetlana London joined the Kazakh Judges delegation at the Chartered Accountant’s Hall as a speaker to discuss the future cooperation and support which The Institute of Chartered Accountants in England and Wales may offer to the Astana International Finance Centre. She has also given a presentation on routes to qualification in the UK.
We are proud to announce that Svetlana London has been featured in the Chambers & Partners High Net Worth guide as one of the leading private wealth lawyers.
Svetlana has been praised for her impressive ability to "move seamlessly between Russian and English law."
A market commentator notes: "She perfectly understands the little details of the Russian mentality and cultural approach. Svetlana takes pride in her work and has an extreme attention to detail. She naturally builds very good rapport with clients."
On 10 July 2017 Institute of Chartered Accountants in England and Wales (ICAEW), in partnership with the Astana International Financial Centre (AIFC) and the UK Department for International Trade hosted a FinTech forum dedicated to Transforming Financial Services of Kazakhstan.
Svetlana London was invited to take part in a panel discussion on Regulation of FinTech.
Svetlana London joined as a delegate the UK Delegation of experts at the first meeting of the UK-Russia FinTech Working Group. The group was established by the membership body TheCityUK that was awarded UK Government funding for this project. The first meeting out of 4 was held on 28 June 2017 at the Moscow Exchange.
The ultimate goal of the initiative is to establish an operational UK-Russia FinTech senior-level stakeholder group and create a related work programme in order to improve prospects for business in the financial services industries in both countries.
Svetlana was glad to contribute to the working group’s discussions on FinTech Regulation, Cyber-Security, and Start-up and Innovation.