The regulation limits access to the information about united state register of the legal persons on the branches and representatives of the legal person situated in Crimea and Sevastopol.
Besides, the information about the owners of the shares of the companies, which are sanctioned.
Russia annexed Crimea in March 2014. Crimea is announced to be temporary occupied territory.
The Verkhovna Rada of Ukraine officially announced February 20, 2014, to be the year of the beginning of the temporary occupation of Crimea and Sevastopol by Russia. On October 2015, then President Petro Poroshenko signed the proper law.
The international organization recognized the occupation and annexation of Crimea as illegal and condemned the actions of Russia. West imposed the number of sanctions against Russia.
Russia denies the occupation of the peninsula and calls it “the restoration of the historical justice”.