Russian corporate governance code to begin next month

Russian corporate governance code: Russia’s Government is planning to introduce a corporate governance code regulating the activities of the country’s largest 13 public companies next month. The move, which is intended to reduce government influence and protect the rights of minority shareholders, will affect the management policies of companies including¬†Gazprom, Rosneft, Rostelecom, Aeroflot, Russian Railways, VTB and Sberbank.