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Russian pension reform failing

Russian pension reform began in 2002 when the government divided the state labour pension into three parts. According to the Russian press, the reform has failed. The state owned Vnesheconombank still manages over 98% of the money in the funded part of the labour pension. The tender mechanism designed to give an individual participant a choice between the state owned bank, a private asset manager or a non-state pension fund has not been promoted enough. Most participants have simply ignored the opportunity. more...

articles

Law-Now Russia
06.02.2012

Russia in 2012 – Forces for Change

In Russia, December was by far the most eventful month of 2011. United Russia's poor showing in the December 4th parliamentary elections and the street...

Law-Now/Law-Now Hungary/Law-Now Romania/Law-Now Czech Republic/Law-Now Russia/Law-Now Slovakia/Law-Now Bulgaria/Law-Now Ukraine/Law-Now China/Law-Now Poland
04.02.2011

Alcatel-Lucent agrees to pay $137 million for foreign corrupt practices

Alcatel-Lucent, S.A. and three of its subsidiaries are to pay US$137 million for violations of the US Foreign Corrupt Practices Act relating to the bribing of...

Law-Now Russia
13.07.2010

Russia: new draft law on directors and officers liability

Directors and officers face new liability under draft legislation introduced to Parliament. The key changes for directors and officers proposed in the draft...

guides

Law-Now/Law-Now Hungary/Law-Now Romania/Law-Now Czech Republic/Law-Now Russia/Law-Now Slovakia/Law-Now Bulgaria/Law-Now Ukraine/Law-Now China/Law-Now Poland/Law-now Brazil
18.08.2011

Anti-bribery and corruption laws - an international guide

We have pleasure in announcing the publication of our International Guide to Anti-corruption Laws, which provides an “at a glance” summary and comparison of...

Law-Now/Law-Now Hungary/Law-Now Romania/Law-Now Czech Republic/Law-Now Russia/Law-Now Slovakia/Law-Now Bulgaria/Law-Now Ukraine/Law-Now Poland
16.03.2009

Mergermarket report: Financial Services in Central and Eastern Europe

CMS, in conjunction with mergermarket, is proud to present a report on Financial Services (FS) in Central & Eastern Europe (CEE). The report provides...

Law-Now/Law-Now Hungary/Law-Now Romania/Law-Now Czech Republic/Law-Now Russia/Law-Now Bulgaria/Law-Now Ukraine/Law-Now Poland
13.03.2009

Group Redundancies in CEE and the UK

The guide provides overview of procedures for group redundancies in Bulgaria, Czech Republic, Hungary, Poland, Romania, Russia, Ukraine and UK.Please...


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