Education
Ivan Makhalin
Partner
Postgraduate studies, Law Faculty, Peoples' Friendship University of Russia (RUDN University).
Russian School of Private Law.
Lomonosov Moscow State University, Law Faculty, honors degree.
Contributions to Capital Market Development & Regulation
Ivan has played an instrumental role in shaping and coordinating key legislative initiatives that have defined the evolution of Russia's financial market in recent years. His work has directly contributed to:
Biography
Ivan has extensive experience advising on debt and equity capital market transactions, having developed innovative mechanisms to bridge Russian and international financial infrastructure.
He currently advises major Russian companies on sanctions compliance matters, including depositary receipt program terminations, delistings, primary listings in Russia, share transfers for domestic trading, and redomiciliation of Russian companies. He designs payment mechanisms for Eurobonds and depositary receipts, while also contributing to the development of pre-IPO financing solutions.
Several landmark projects under his leadership have implemented novel legal structures that effectively connected Russian and global market infrastructure, utilizing sophisticated cross-border instruments.
Ivan maintains established working relationships with the Central Bank of Russia, Ministry of Finance, National Settlement Depository, and other key financial regulators regarding market oversight - particularly in sanctions compliance, engagement with foreign financial infrastructure, and countersanctions legislation.
His project portfolio includes advising international banking groups (ING, UniCredit) and major global financial institutions (EBRD, IFC) on issuance and ongoing management of debt and equity instruments.
He currently advises major Russian companies on sanctions compliance matters, including depositary receipt program terminations, delistings, primary listings in Russia, share transfers for domestic trading, and redomiciliation of Russian companies. He designs payment mechanisms for Eurobonds and depositary receipts, while also contributing to the development of pre-IPO financing solutions.
Several landmark projects under his leadership have implemented novel legal structures that effectively connected Russian and global market infrastructure, utilizing sophisticated cross-border instruments.
Ivan maintains established working relationships with the Central Bank of Russia, Ministry of Finance, National Settlement Depository, and other key financial regulators regarding market oversight - particularly in sanctions compliance, engagement with foreign financial infrastructure, and countersanctions legislation.
His project portfolio includes advising international banking groups (ING, UniCredit) and major global financial institutions (EBRD, IFC) on issuance and ongoing management of debt and equity instruments.
Participation in preparing the "Main Directions for Developing the Financial Market of the Russian Federation" for 2019-2021 and 2022-2024.
Participation in developing the regulatory framework for balance-sheet convertible bonds (under Federal Law "On Simplified Issuance Procedures", 2018);
Digital Financial Assets Law;
Financial Platforms Law;
Structured Bonds Law;
Securities Issuance Reform Law;
Professional Rankings & Recognition
Expert Activities
Ivan actively promotes financial regulation knowledge through lectures at leading Russian universities, including HSE University and MGIMO. He is the author of the textbook Sustainable Development and Capital Markets (MGIMO, 2022) and co-author of Glossa, a respected commentary series on the Russian Civil Code.
His article on fiduciary duties in financial markets was shortlisted for the Conditio Iuris 2019 legal research competition and published in the Bulletin of Economic Justice.
His article on fiduciary duties in financial markets was shortlisted for the Conditio Iuris 2019 legal research competition and published in the Bulletin of Economic Justice.
Listed in *Pravo-300*'s "Heads of Law Firms" category (2023-2024) for: Capital Markets, Sanctions Law
Band 1 in Capital Markets according to Kommersant's "Legal Market Leaders 2024" ranking
We conduct research in civil law and capital markets.
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In our Telegram channel, we share knowledge with the community and make academic work accessible to everyone.
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