On September 30, 2013, the President of Russia signed into law Federal Law No. 260-FZ on Amendments to Part Three of the Civil Code of the Russian Federation. The amendments introduced by this law are part of ongoing reforms of the Civil Code of the Russian Federation (the “Civil Code”) and take effect from November 1, 2013. ■ This update examines the most important changes introduced by this law to Part Three of the Civil Code, Section VI - Private International Law. ■ In particular, the changes affect the concepts of “overriding mandatory norms” and “public policy”, and determination of the law governing the liability of founders