This ban also applies to legal entities registered in Russia or Belarus. It is also planned to extend this to legal entities in which citizens of these countries own at least 25% of the share capital and in which Russian or Belarusian citizens are the beneficial owners, as well as to legal entities established in Russia or Belarus. The ban will apply to transactions concluded after the entry into force of this law.
As noted by its authors, in parallel with military operations in Uk...