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"Legislative innovations - what comes into force in July". Alliance Legal CG for
1 июля 2019 г.

The July changes will protect lenders and policyholders. For example, insurance companies will increase their minimum charter capital by 2.5 times and non-banking credit institutions will increase their equity to RUB 90m, which will make them more reliable. Shareholders will also be protected as they will switch to project financing, but the cost per square metre may rise by 7-9%.