Russia's Central Bank Proposes Fiduciary Liability for PJSC Directors to Protect Investors

The Bank of Russia floated introducing fiduciary responsibility for directors of public joint-stock companies, mirroring rules for financial organizations, to compensate investors for losses from unlawful actions. This is a policy proposal, not yet legislation, signaling a potential shift in corporate governance and investor protection. It matters as it could increase director accountability and affect Russia's capital markets.

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