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Business Quarterly (Winter 2018/2019) Winter 2018/2019 Legal and Intellectual Property With AEB updates on: amendments to the competition law, parallel imports, licensing payments, regulation of merger control. AEB Business Quarterly | Winter 2018/2019 Introduction | Dear readers, It is my genuine pleasure to present the Winter 2018/2019 Business Quarterly to you! The magazine covers a variety of legal topics. To be more specific, it explores amend- ments to the competition law, toughening control over foreign investments in strategic companies, new rules and practices of parallel imports in Russia, operational challenges which companies have to encounter while doing business in Russia amid sanctions, recognition of foreign arbitral awards, abuse of consumer rights and other significant issues. Let me cordially extend special thanks to those members of the AEB Legal Committee who substantially contributed to the current edition. I hope that due to the utmost relevance of the topics submitted by the authors of the articles, the publication will be both a helpful and a fascinating read. Likewise, I would like to express sincere gratitude to all members of the Legal Committee for inputs provided to numerous AEB activities. Their efforts, dedication and ongoing support are so much appreciated. As usual, in the magazine you will find the most recent updates on the AEB developments and achievements. News items from member companies related to their activities and appointments are traditionally shared in the corresponding section. Information about new members which joined the Association this autumn is presented in the final part of the edition. Enjoy your reading! Frank Schauff Chief Executive Officer, Association of European Businesses | Introduction AEB Business Quarterly | Winter 2018/2019 Dear readers, I would like to welcome you to our new edition of the AEB Business Quarterly prepared by the Legal Committee. In this edition, we address the most vital issues that the international business community in Russia has faced recently. We are all now witnesses to an interesting and exciting time in which the Russian economy is having to adapt to the challenging and increasingly complex regime of sanctions imposed by western countries. This, along with Russia’s counter-sanctions, affects businesses across practically all sectors of the economy. This edition touches on important initiatives (and their consequences), such as legalisation of parallel imports, changes in legislation which regulates foreign direct investments, the challenges that Russian counter-sanctions bring to the operation of business, and how the business community reacts to such new challenges. I have no doubt that you will find this new BQ interesting, and I would like to thank all colleagues who have contributed to its issuance. Finally, I would like to invite you to join the AEB Legal Committee, where you will have the opportunity to share your experience and gain access to the experience of over 100 legal departments and law firms. We look forward to seeing you at our regular meetings and events and wish you pleasant reading! Sergey Krokhalev Chairman of the AEB Legal Committee, Partner, Baker McKenzie 1 AEB Business Quarterly | Winter 2018/2019 Contents | AEB BUSINESS QUARTERLY, Winter 2018/2019 p. 6 Legal and Intellectual Property Draft amendments to the competition law: new steps against exclusive rights in Russia ANTON BANKOVSKIY, Chairman of the AEB Intellectual Property Committee; Partner, CMS Russia 4 How will the regulation of foreign investments in strategic companies be amended? Strengthening control over foreign investments in strategic companies in Russia: planned p. 9 changes in legislation ANNA KLIMOVA, Senior Associate, Attorney-at-Law (New York), BEITEN BURKHARDT 6 New rules and practices of parallel imports in Russia: how to protect trademark owners’ rights ALEXEY FEDORYAKA, Head of Litigation Department, Rödl & Partner 9 More about licensing payments. The IP owner suggests retrospective What are the effective remedies for parallel imports? payments: what to do and how to keep the сustoms authorities happy ELENA BELOZEROVA, Associate Director, Customs and p. 19 International Trade, Bryan Cave Leighton Paisner (Russia) LLP (formerly Goltsblat BLP in Russia) 12 Incorrect information in the Register of companies: tightening control ALINA KOZMINA, Legal Expert, SCHNEIDER GROUP 14 Regulation of merger control and strategic companies: dark clouds on the horizon VASILY MAKOVKIN, Director, EY Law KIRILL SVETLOV, Associate, EY Law 15 Sanctions-checking as a prerequisite of doing business in Russia 2 | Contents AEB Business Quarterly | Winter 2018/2019 Recognition and enforcement p. 25 of foreign arbitral awards in Russia: overview and prospects NATALIA ABTSESHKO, Head of International Projects Group, VEGAS LEX SVETLANA VASILYEVA, Junior Associate of Litigation Practice, VEGAS LEX 17 Russian sanctions: Meeting with Sergey Katyrin, President of the Russian Chamber of Commerce operational challenges and Industry ALEXEY EREMENKO, Consultant, Control Risks 19 p. 33 Abuse of consumer rights: how clients and courts apply the current legislation NATALIYA BELOVA, Head of Legal Department, Inchcape 21 How to choose your Chief Compliance Officer? AEB participated in the St. Petersburg Annual Investments Forum IRINA BELYAKOVA, Head of Legal and Compliance Practice, Antal Russia 23 p. 34 AEB updates AEB news 25 AEB Committees updates 35 Member news 54 Appointments 56 New members 57 AEB Day in Krasnodar Publication name/Наименование издания: Businesses”/Некоммерческое партнерство Номер выпуска: 04, 2018 Publisher’s address/ AEB Business Quarterly “АССОЦИАЦИЯ Release date/Дата выхода: Адрес издателя, редакции: (Eжеквартальное деловое издание ЕВРОПЕЙСКОГО БИЗНЕСА” 25 December 2018/25 декабря 2018 г. 16, bld. 3, Krasnoproletarskaya str., 127473, АССОЦИАЦИИ ЕВРОПЕЙСКОГО БИЗНЕСА) Chief Editor/Главный редактор: Circulation/Тираж: 16,000 сopies/16,000 экз. Moscow, Russia/Россия, 127473, Published by/Учредитель: Non-profit Y.S. Melnikova/Мельникова Ю.С. Cost/Цена: Distributed free of charge/ г. Москва, ул. Краснопролетарская, making partnership “Association of European Publication volume and number/ Бесплатно д. 16, стр. 3 The “AEB Business Quarterly” is registered with The Federal Service for Supervision of Legislation in Mass The information in this publication is not exhaustive. While all reasonable care has been taken to Communications and Protection of Cultural Heritage, Certificate registration ПИ № ФС77-24457/ СМИ prepare it, the Association of European Businesses accepts no responsibility for any errors it may “АССОЦИАЦИЯ ЕВРОПЕЙСКОГО БИЗНЕСА: Ежеквартальное деловое издание” зарегистрировано contain, whether caused by negligence or otherwise, or for any loss, however caused, sustained by any в Федеральной службе по надзору за соблюдением законодательства в сфере массовых person that relies on it/ Информация в данном издании не является исчерпывающей. Несмотря коммуникаций и охране культурного наследия. Свидетельство о регистрации ПИ № ФС77-24457 на то, что были предприняты все меры предосторожности при ее подготовке, Ассоциация от 23 мая 2006 года. The opinions and comments expressed here are those of the authors and do not европейского бизнеса не несет ответственности за наличие возможных ошибок, допущенных necessarily reflect those of the Non-profit making partnership “Association of European Businesses”/ по невнимательности или другим причинам, а также за любой вред, понесенный любым лицом, Мнения/комментарии авторов могут не совпадать с мнениями/комментариями учредителя которое будет руководствоваться данной информацией. публикации, Некоммерческого партнерства “АССОЦИАЦИЯ ЕВРОПЕЙСКОГО БИЗНЕСА”. 3 AEB Business Quarterly | Winter 2018/2019 Legal and Intellectual Property | Draft amendments to the competition law: new steps against exclusive rights in Russia In the first version of the Bill, the FAS However, the August version of the Bill proposed to abolish competition im- no longer contains these proposed de- munities for actions and agreements letions. regarding the results of intellectual ac- tivities that hinder the development of Both the earlier proposals of the FAS competition in the digital economy. The and the Bill in question apparently con- amendments proposed to delete some stitute new steps aimed at limiting the provisions of Articles 10 and 11 from reach of exclusive rights to intellectual the Law. property in Russia. The abolition of competition immunities on exclusive Under Article 10(4) of the Law, the rights may reduce the interest of po- ban on the abuse of a dominant posi- tential right holders in scientific and tion by an entity does not apply to the technical innovations and hinder their exercise of exclusive rights to intellec- legal protection in Russia. ANTON BANKOVSKIY tual property (inventions, trademarks, Chairman of the AEB Intellectual etc.). Similarly, the current version of The current version of the Bill also con- Property Committee; Partner, Article 11(9) of the Law provides that tains provisions that strengthen control CMS Russia the requirement to prohibit agree- over the enforcement of orders issued ments restricting competition does not by the competition authority, including extend to agreements granting and/or those issued with respect to the hold- n March 2018, the Federal An- transferring the right to use intellectual ers of exclusive rights. Among other timonopoly Service (the “FAS”) property. things, the FAS may be vested with I published a first version
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