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Syndicated loans in Russia: towards unification
16 November 2022
In December 2020, a number of amendments1 to the Federal Law on Syndicated Loans and the Civil Code¹ of the Russian Federation² with respect to provisions on pledge management agreements and some other laws³ with respect to provisions related to syndicated lending were¹ adopted and published. Most of the Amendments entered into force on 21 June 2021.


Introduction

Now it is time to draw the first (1) conclusions regarding the practical implications of the Amendments for the Russian (2) syndicated loan market. Overall, the Amendments were a logical continuation of the trend to make Russian laws more attractive from the perspective of syndicated lending regulation.
1
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2
Playfair is a transitional design. From the time of enlightenment in the late 18th century, the broad nib quills were replaced by pointed steel pens.
3
Playfair is a transitional design. From the time of enlightenment in the late 18th century, the broad nib quills were replaced by pointed steel pens.
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Now it is time to draw the first conclusions regarding the practical implications of the Amendments.
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