On 29/06/2022 the State Arbitration Court of the City of Moscow concluded the widely-publicized trial for recovery of damages from ex-shareholders and top-managers of PJSC “Promsvyazbank” (PSB). The team of attorneys supervised by Alexander Linnikov represented a person that, up to December of 2017, worked as a member of the Executive Board of the bank.

On 29/06/2022 Alexander Linnikov and Prof. Irina Abanina, one of the leading scientists of the Financial University under the Government of Russia, shared the findings of their recent academic research on practical means to promote growth and development of technological SMEs in the context of sanctions with the readers of Russia’s leading business periodical “Kommersant”.

On 21/06/2022 it became known that consideration of the legislative initiative on amendments to the Criminal Code related to responsibility for the execution of sanctions of foreign states has been postponed indefinitely.

On 17/06/2022 the national financial markets’ authority of one of the EU member-states has decided to authorize the unblocking of brokerage and correspondent accounts of a credit institution-resident of one of the countries of the Eurasian Economic Union, opened with financial institutions and banks in a European jurisdiction.

Adoption of the Declaration of State Sovereignty of the Russian Soviet Federative Socialist Republic on June 12, 1990 has marked the end of the Soviet era and the beginning of the new stage of life and development of our great country.