Wednesday, October 29, 2014

Free Media in Russia Targeted in New Foreign Ownership Regulation

In a move to reportedly counteract the “information war” against Russia, President Vladimir Putin signed into law a regulation requiring all media companies in Russia to be at least 80 percent Russian-owned, according to The Telegraph.
Putin signed the law—which critics are viewing as a further assault on independent, liberal, and free press in Russia—in early October to protect Russia’s national security in the information sphere, according to The Telegraph.

Chaninat and Leeds’ Thailand company registration lawyers have been registering limited companies and partnerships for Thais and foreigners since 1997.

The Telegraph reports that Forbes, GQ, Esquire, Vedomosti, and The Moscow Times are a few of the international, foreign majority owned companies producing Russian publications that will have to sell off Russian assets by February 2017 to continue publishing in Russia under the new rules.

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