we spoke to a corporate lawyer mox good broad from baker and mckenzie he says russia's insider trading though has much in common with western versions. if you look at the letter of it it's much more extensive a lot of details are regulated as you would have expected in russia they are however a couple of details which emerged in practice in the west which are not regulated that is i'm in a situations that is also situations where you have conflicts of interest between people just imagine a state bank where the chairman of the supervisor board is one in the same and he deals with two banks and learns inside information two of them does it mean that foreign investors can now rely more on information flow in russia while relying two sides the first is that they get the information and second is that actually the information is disclosed the law regulates when information has to be disclosed but it doesn't regulate which information has to be disclosed that is a question in russia of corporate and securities law and it's also press legislation and press practice of course the law doesn't d