Russian Government approved a draft of a treaty on copyright and neighbouring rights management


Russian Prime Minister Dmirty Medvedev approved a draft of a Treaty on collective management of copyright and neighbouring rights.

The draft sets common grounds for collective management in EuroAsian Economic Community (EurAsEC) countries. It increases transparency of CMOs and obliges them to audit their financial activities no less than once every two years. All audit reports have to be published on the CMOs web-sites. These documents have to be available for third parties within 5 years.