On June 8, 2017, associates of the Capital Legal Services corporate practice held a business breakfast at the Lambic restaurant on the topic of “Corporate compliance. Part 1. Major and related-party transactions: new regulations and practical recommendations

Starting from January 1, 2017, the approval process for major and related-party transactions changed. What is new? How is the practice forming? What difficulties are participants facing? These and other questions were answered by the speakers and moderators of the business breakfast Partner Pavel Karpunin, Principal Associate Ekaterina Rudova, Nikita Popov and Anastasia Dukhina.

The following questions were examined during the event:

• Key changes in 2017: theory and practice;

• Major transactions: criteria of a non-standard deal;

• Related-party transactions: significant changes in the approval process;

• Main risks for the company, its director and management;

• Practical recommendations for non-standard situations.

Discussion showed that the topic, though it has been “alive” for half a year, still raises many questions for the legal community. People involved are first of all interested in the practice being formed.

Following the event, the participants shared their impressions in a questionnaire, where they noted the information content and effectiveness of the presentation, useful recommendations and pleasant format.

This was the first in a series of business breakfasts on corporate compliance, with other parts being planned for later in the year.