The Responsibility of Senior Executives in the New Reality

In an environment where sanctions and countermeasures are affecting the majority of Russian businesses, the responsibility attached to senior management has become an even more pressing issue to corporate lawyers. A wide range of issues needs to be addressed, including those related to sanctions compliance, the responsibility of company management to keep their business going in the new environment, and interaction with government bodies during inspections on how business support packages have been used. The responsibility attached to senior executives with regard to anti-sanction legislation: are there new roles, objectives, targets, etc.? The responsibility attached to senior executives with regard to keeping business going. How should work be structured in the new environment? What should be done to reconcile the clear economic steps taken by companies internally with the need to consider the challenges facing the country (such as maintaining production, avoiding job losses, etc.)? How should internal restructuring be linked to receiving support? What should be done to avoid risks during inspections by oversight and accounting bodies on the use of business incentives, subsidized loans, etc.?