Valery Narezhny gave a live interview to the City-FM

Valery Narezhny, Counsel (Gorodissky & Partner, Moscow), gave a live interview to the City-FM radio station regarding the Draft Bill announced by the Russian Ministry of Labour which would allow the Pension Fund and Fund of Social Insurance to implement unscheduled inspections of ratepayers in case of revealing their payment so called ‘gray salaries’.

Valery clarified that under certain circumstances the said bodies could implement such unscheduled inspections even now. Besides, the unscheduled inspections of documents on labour relations can be also implemented by tax bodies and procuracy authorities. So, as a whole the Draft Bill suggested by the Ministry of Labour would not sufficiently change the situation with ‘whitewashing’ salaries but sooner make an additional administrative pressure on business.