News date: 4 February 2016
Maksym Kopeychykov, Partner at Ilyashev & Partners, and a lawyer of the firm Leonid Gilevich were awarded with Certificate of Appreciation from the World Bank for preparing legal reviews for the 13th World Bank Group annual report Doing Business 2016: Measuring Regulatory Quality and Efficiency.
The lawyers provided expert opinion on 2 out of 11 groups of indicators of the report: Registering Property and Protecting Minority Investors.
The Registering Property indicator measures the procedures, time and cost required to transfer a commercial warehouse from one company to another. In 2016 this indicator will add questions on the overall quality of land administration systems.
The Protecting Minority Investors indicator measures legal protections afforded to minority shareholders of domestic corporations.
Leading lawyers of Ilyashev & Partners have been actively participating in drafting Doing Business report starting from 2006.
Doing Business report is an annual publication of the World Bank Group that reflects simplicity of execution of business activities in 189 economies worldwide based on 11 indicator sets. The main aim of the project is to provide an objective basis for understanding and improving the regulatory environment for business around the world. The project, which was initially published in 2003, has benefited from feedback from governments, academics, practitioners and scientific reviewers.