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“AI and sustainability - cure or curse?”
While AI can help resolve data issues in sustainable investing, it can create problems such as information breaches and inherent bias in data.
Publication | March 2017
We would like to remind you that according to Article 34 of the Federal Law “On Limited Liability Companies”, every Russian limited liability company is obliged to hold a regular (annual) general participants’ meeting in order, among other issues, to approve the results of the previous financial year of the company. The meeting must be held no earlier than 2 (two) months and no later than 4 (four) months after the end of the financial year of the company, i.e., between 1 March and 30 April.
In accordance with Article 47 of the Federal Law “On Joint-Stock Companies”, every Russian joint-stock company is obliged to hold an annual general shareholders’ meeting in order, among other issues, to elect members of the board of directors (if applicable) and to examine and approve the results of the previous financial year of the company. The meeting must be held no earlier than 2 (two) months and no later than 6 (six) months after the end of the financial year of the company, i.e., between 1 March and 30 June.
Please note that under the Russian Code on Administrative Offences a fine up to 700,000 Russian Roubles (currently about USD 12,000) may be imposed on a company for violation of the requirements as to the convening and holding of the general shareholders’ (participants’) meeting.
Should you have further questions we will be pleased to provide you with additional information.
Publication
While AI can help resolve data issues in sustainable investing, it can create problems such as information breaches and inherent bias in data.
Publication
In this edition of Regulation Around the World we review recent steps that financial services regulatory authorities have taken as regards investment research.
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n a long-running dispute, taking in no less than three arbitrations spanning 26 years cumulatively (involving allegations of state interference in the arbitral process), the Court has provided useful guidance on the ss.67 and 68 challenges, particularly in the context of investor-state claims.
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