APPROACHES TO THE DEFINITION OF APPLICABLE LAW IN CROSS-BORDER PRIVATE LAW RELATIONS: TRENDS AND VECTORS OF TRANSFORMATION IN THE CONTEXT OF GLOBAL CHALLENGES

In recent years, cross-border private law relations have been largely affected by sanctions restrictions imposed by one group of states against specific countries, including Russia. The technological vector of development of private international law determines the structural and substantive transformation of the latter. The research is aimed at identifying trends and vectors of transformation of approaches of resolving the conflict of laws issues and forming an optimal model of determining applicable law in the context of global challenges. The issues of determining the sources of conflict of laws rules, problems of legal qualification, the implementation of the autonomy of the will, overriding rules, public policy clause are analyzed. The conclusions are presented on the need to strengthen public norm-forming factors in determining of the most effective way to formulate conflict of laws rules, increasing the component of the interests of public order in the conflict of laws factors of the formation of norms on applicable law, as well as on promising ways to develop uniform conflict regulation in the CIS, EAEU, BRICS.