The President of the Russian Federation has signed Federal Law No. 337-FZ dated July 31, 2025, “On Amending the Federal Law ‘On Conducting an Experiment to Establish Special Regulation in Order to Create the Necessary Conditions for the Implementation of Partnership Financing Activities in Certain Subjects of the Russian Federation and on Amending Certain Legislative Acts of the Russian Federation’ and Article 28 of the Federal Law ‘On Advertising.’”

Pravo.ru has published an article by KKMP Counsel Elena Tchoubykina, Partnership Financing: Development Prospects, in which she discusses legal issues related to the trial introduction of partnership ("Islamic") financing in certain regions of the Russian Federation, and also explained how the new mechanisms will operate as part of the current banking system.

KKMP is pleased to announce the strengthening of its finance practice, with the addition of Elena Tchoubykina in an advisory role.