A special recording procedure for certain securities will be in effect until the end of 2025

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03.04.2026
THE KEY RATE HAS BEEN REDUCED TO 15% PER ANNUM

On March 20, 2026, the Bank of Russia decided to lower the key rate by 50 bps to 15% per annum. 

The Central Bank of the Russian Federation will assess the advisability of further reduction of the key rate depending on the sustainability of the slowdown in inflation, the dynamics of inflation expectations, as well as the assessment of risks from external and internal conditions. According to the Bank of Russia's forecast, given the current monetary policy, annual inflation will fall to 4.5-5.5% in 2026.
02.04.2026
BANK OF RUSSIA EXTENDS RESTRICTIONS ON CROSS-BORDER TRANSFERS BY NON-RESIDENTS FROM ‘HOSTILE’ COUNTRIES

The Bank of Russia has extended restrictions on outbound transfers of funds by non-residents from hostile countries from accounts held with Russian brokers and trust managers.

The restrictions apply to transfers from accounts of both individuals and legal entities maintained with Russian brokers and trust managers. 
These measures were initially introduced on April 1, 2022.
In accordance with a Presidential Decree, the restrictions do not apply to the repatriation of funds abroad by foreign investors (or persons acting on their behalf) investing in the Russian financial market, where such funds are held on special ‘Type In’ accounts with Russian brokers and trust managers.
01.04.2026
BANKS ARE RECOMMENDED TO PROACTIVELY INFORM CLIENTS OF RESTRICTIONS AND REMEDIAL STEPS

The Bank of Russia recommends that banks proactively contact clients - without waiting for inquiries - after suspending transactions or remote banking services under cybersecurity and anti-money laundering legislation.

Banks are advised to inform clients not only of the imposed restrictions, but also of grounds for such measures. They should maintain the ability for clients to contact the bank via remote channels even in the event access to online banking has already been suspended. In addition, banks should provide step-by-step guidance on how to resolve the situation. If a bank refuses to lift restrictions, it should explain the procedure for appealing such decision.
Clients should also be informed of how to apply for removal from the database of fraudulent transactions.
31.03.2026
MARKETPLACES WILL BE HELD LIABLE FOR SELLING LOW-QUALITY GOODS FROM ABROAD

The Russian Government has supplemented the action plan for the implementation of the Strategy of State Policy of Russia in the Area of Consumer Rights Protection for the Period up to 2030. Among other things, a dispute resolution mechanism will be created that provides for subsidiary liability of the marketplace operator in the event that a consumer purchases a product of inadequate quality from a foreign seller.

30.03.2026
THE EAEU IS INTRODUCING UNIFIED RULES FOR LABELLING CERTAIN TYPES OF CONFECTIONERY PRODUCTS

Unified rules for labelling certain types of confectionery products have been established in the EAEU countries. These include, in particular, chocolate, dry biscuits, jams, fruit jellies, marmalades, and wafers.

The Union member states shall independently determine the date of introduction and the procedure for labelling products on their territory, notifying the EEC thereof no later than six months before the start of the relevant activities.
27.03.2026
NATIONAL SYSTEM FOR CONFIRMING THE EXPECTATION OF GOODS: BILLS HAVE BEEN SUBMITTED TO THE STATE DUMA

Starting from April 1, 2026, a test run of the National System for Confirming the Expectation of Goods (in Russian, also known as SPOT system) will be introduced. 

The bill's provisions establish the legal framework for the arrangement and operation of the national system for confirming the expectation of delivery of goods. The SPOT system will cover all goods supplied to the Russian Federation from other EAEU member states under transactions concluded between importers and exporters of goods, and/or on their behalf, and/or at their instructions, and imported into the Russian Federation. The bill provides for the following:
1) the SPOT system shall not apply to certain goods, namely: currency, securities, foreign currency assets, travellers' checks; oil and oil-derived products; electricity; goods transported by pipelines; goods transported by individuals for household and family needs; Goods transported through Russian territory in transit between the territories of other EAEU states, as well as goods in accordance with a list determined by the Russian Government. 
2) the SPOT system shall be applicable to goods imported into Russia from EAEU states by road. By decision of the Russian Government, the system may be extended to goods imported into the Russian Federation by other modes of transport.
26.03.2026
NON-PROFIT ORGANISATIONS WILL SUBMIT THEIR REPORTS FOR 2025 EXCLUSIVELY ELECTRONICALLY THROUGH THE PORTAL OF THE MINISTRY OF JUSTICE USING A NEW UNIFIED FORM

The obligation of non-profit organisations to submit annual reports to the Ministry of Justice of the Russian Federation is established, in particular, by Article 32 of the Law on Non-Profit Organisations, Article 29 of the Law on Public Associations, Article 19 of the Law on Charitable Activities and Volunteering and some other laws.

Submission deadline: no later than April 15 of the year following the reporting year.
25.03.2026
AI USE IN CAMPAIGNING TO BE BANNED

On 18 March 2026, the State Duma passed in the first reading a draft law that would prohibit the use of any images (representations) of people in campaign materials, including fictional or deceased individuals, as well as images generated using information technologies, with the sole exception of images of candidates themselves.

In regional and municipal elections, political parties will be allowed to publish their campaign programmes online.
Financial reports of candidates and electoral associations will be published exclusively on the websites of election commissions.
Self-nominated candidates for the State Duma will be required to submit their consent-to-run applications using software tools based on machine-readable documents.
24.03.2026
FEDERAL BAILIFF SERVICE HAS BEGUN ACCEPTING COMPLAINTS AGAINST DEBT COLLECTORS THROUGH THE PORTAL OF GOVERNMENT SERVICES

Individuals can now file complaints against creditors and debt collectors on the portal of government services. 

A complaint can be filed by the debtor, the parent of a minor or incapacitated debtor, a person whom the collectors call by mistake, or who has agreed to communicate with the creditor of a friend or relative. These can be both Russian citizens and foreigners. 
Violations include frequent calls and messages, disclosure of debt information to third parties, threats, swearing, insults, psychological pressure, calls and messages at inappropriate times (from 10:00 PM to 8:00 AM on weekdays and from 8:00 PM to 9:00 AM on weekends). 
The available evidence must be submitted together with the complaint. The review period is 30 days.
23.03.2026
A SERVICE FOR VERIFYING ELECTRONIC NOTARIAL DOCUMENTS HAS BEEN LAUNCHED ON THE PORTAL OF THE FEDERAL NOTARY CHAMBER

The service allows to find out whether the version of an electronic document submitted for verification is up to date. That is, if after certifying a digital document, the notary made changes to it to correct technical errors, the system will return the corresponding result. To check on the resource page, you must enter the document's registration number, the name of the notary who certified it, and the date of certification.

Using the portal, you can verify any document originally prepared by a notary in electronic form. In particular, this may include contracts for the purchase and sale of real estate, gifts, preliminary or marriage contracts, as well as electronic powers of attorney, consents of spouses and waivers of the right of pre-emption for transactions.
20.03.2026
RESTRICTIONS ON FOREIGN CURRENCY CASH WITHDRAWALS HAVE BEEN EXTENDED

The Bank of Russia announces that restrictions on foreign currency cash withdrawals will remain in effect until September 9, 2026. 

For individuals whose foreign-currency accounts or deposits were opened before March 9, 2022, the withdrawal limit remains equal to the balance as of 00:00 Moscow time on that date, but no more than 10,000 US dollars or an equivalent amount in euros, regardless of the deposit or account currency, unless they have previously exercised this option. 
Remaining funds can still be withdrawn in roubles. The amount paid cannot be less than the amount calculated on the payout date at the official Bank of Russia exchange rate for funds deposited in the account before September 9, 2022. 
Funds deposited after September 9, 2022, are paid at the bank's exchange rate on the issuance date.
19.03.2026
PROCEDURE FOR CALCULATING FINANCIAL SOVEREIGNTY INDICATORS HAS BEEN ESTABLISHED

The Russian Government has approved a methodology for calculating indicators of the Russian Federation's financial sovereignty: 

- indicators reflecting the level of financial market development (the share of financial and non-bank financial institution assets relative to gross domestic product, stock market capitalisation, and the share of long-term savings of citizens in their total savings); 
- an indicator reflecting the financial market's resilience to external economic factors (the share of settlements in roubles and national currencies of friendly countries when purchasing goods in foreign trade transactions).
18.03.2026
WHAT HAS CHANGED IN THE RULES FOR THE AIR CARRIAGE OF PASSENGERS, BAGGAGE, AND CARGO SINCE MARCH 1, 2026?

On March 1, 2026, the following amendments to the Federal Aviation Regulations came into force:

Additional requirements have been established for carriers to inform passengers. Thus, it is stipulated that passengers must be provided with the following information when booking tickets:
- on the terms of the passenger air carriage agreement, the change of which is not permitted by the terms of application of the tariff;
- on the procedure for transporting children under two years of age without providing them with individual seats;
- on the procedure for passengers travelling with a child (children) under 12 years of age to select an accompanying passenger who must be provided with passenger seats adjacent to this child (these children);
- on the procedure for a passenger to change the air carriage agreement, including the procedure for a passenger to refuse air carriage on one of the sections of the air carriage route.
The duration of a flight delay that is grounds for a passenger‘s forced refusal of carriage or a forced change of the carriage agreement by the passenger (in which case no additional payment is charged) has been specified. A flight delay of more than 30 minutes is now considered a delay.
The list of items that can be carried as carry-on baggage in excess of the allowance and without an additional fee has been adjusted.
17.03.2026
MANDATORY LABELLING: AMENDMENTS TO RULES FOR MEAT PRODUCTS AND NON-ALCOHOLIC BEER

Mandatory labelling of meat products (sausages and similar food products made from meat, offal and blood of animals, from meat and offal of poultry) packaged in consumer packaging has been introduced. These products are currently labelled on an experimental basis. Mandatory labelling will be introduced in stages for certain types of goods from August 1 and October 1, 2026. For farm households, requirements for labelling meat and sausage products will come into effect on October 1, 2026.

16.03.2026
RUSSIAN MINISTRY OF DIGITAL DEVELOPMENT HAS RELEASED A TEMPLATE FOR PRINTED MATERIALS ABOUT THE ‘TRUSTED CONTACT’ SERVICE

The ‘Gosuslugi’ web-portal has launched a new service - that is so called ‘Trusted Contact’ - aimed at improving citizens’ digital security and protecting their personal data.

13.03.2026
ON THE CONTROL OF THE BOARD OF DIRECTORS OF A FINANCIAL ORGANISATION OVER ISSUES RELATED TO THE IMPLEMENTATION OF KEY PERFORMANCE INDICATORS

According to the Bank of Russia, the level of officials of a financial institution controlled by the board of directors (supervisory board) is determined by the financial institution independently (with the exception of those officials who are accountable to the board by virtue of legal requirements). The Central Bank does not limit a financial institution in its ability to expand the list of issues and decisions over which the board of directors (supervisory board) exercises control). 

Bodies or officials responsible for setting and monitoring the implementation of key performance indicators for persons who do not perform the functions of executive bodies, who are not part of senior management and who are not accountable to the board of directors (supervisory board) due to legal requirements, are determined by the financial organisation independently.
12.03.2026
FROM FEBRUARY 28, 2026, THE REQUIREMENTS FOR REGISTERING FOREIGN CITIZENS WITH TAX AUTHORITIES HAVE CHANGED

Categories of foreign nationals subject to registration have been expanded, including: 

- those registered as individual entrepreneurs under EAEU law, 
- those providing services to individuals electronically, 
- those making payments or selling goods. 
Furthermore, the requirements have been brought into line with the provisions of the Tax Code of the Russian Federation regarding the rules for submitting documents confirming registration (deregistration). Starting from 2026, such documents (certificates and notifications) will be replaced by an extract from the Unified State Register of Taxpayers.
11.03.2026
THRESHOLD FOR MONETARY TRANSACTIONS INVOLVING REAL ESTATE SUBJECT TO MANDATORY CONTROL HAS BEEN DETERMINED

The Federal Service for Financial Monitoring has established the amount of sums, above which transactions with cash and non-cash funds carried out in real estate transactions are subject to mandatory control. The corresponding values are differentiated depending on the type of organisations carrying out such operations:

- 75 million roubles (equivalent in foreign currency) - for credit institutions and branches of foreign banks;
- 5 million roubles (equivalent in foreign currency) - for organisations providing intermediary services in real estate purchase and sale transactions.
10.03.2026
MINERS CAN LEGALIZE THEIR ACTIVITIES ON THE WEBSITE OF THE FEDERAL TAX SERVICE

Legal entities and individual businessmen may engage in the mining of digital currency from the moment they are included into the relevant register of persons. To do this, they should submit an application through the special ‘Mining Register’ service on the website of the Federal Tax Service.

Citizens may carry out mining within a limit of 6,000 kilowatt-hours per month without being included into the register.
All miners must report monthly on the cryptocurrency mined through a special section in their personal accounts.
09.03.2026
RUSSIAN MINISTRY OF DIGITAL DEVELOPMENT EXPLAINED WHICH MEASURES TO PROTECT AGAINST CYBER FRAUDSTERS CAME INTO FORCE ON MARCH 1, 2026

Starting from March 1, 2026, new measures to combat internet criminals have come into force:

- the State Information System ‘Antifraud’ has been launched;
- the use of biometrics for access to financial services, marketplaces, and online classified platforms (this is at option);
- identification of sellers through the Gosuslugi portal (at option for sellers);
- changes to the rules for issuing loans by microfinance organisations (MFOs).
06.03.2026
A NEW OPEN BANKING API STANDARD HAS BEEN RELEASED

The Bank of Russia has developed a standard containing principles and recommendations for implementing the OpenID Connect (OIDC) protocol through open application programming interfaces (OAPIs) using an extended API security profile, ensuring a high level of trust in identification and authentication when transmitting financial information. It will be implemented on October 1, 2026, and is intended for: 

- participants exchanging information about financial products, accounts, and other user financial instruments, as well as associated information; 
- developers of information technology and software.
05.03.2026
THE BANK OF RUSSIA HAS ORDERED NON-CREDIT FINANCIAL COMPANIES TO STRENGTHEN INFORMATION SECURITY

For non-credit financial companies, it has been decided to adjust the requirements for information protection when operating in the financial markets. 

In addition, all insurance companies, non-state pension funds and registrars will be required to implement additional information security measures. For example, at least once every three years, they are required, taking into account the requirements of the national standard, to engage third-party specialists to check the level of information security of the organisation. Companies must also evaluate their software and applications, including those provided to customers, for compliance with security requirements. 
Requirements for the use of electronic signatures and cryptographic protection facility have been clarified. The procedure for registering information on customer actions when accepting electronic messages for execution in automated systems and applications has been determined. 
Deadlines for submitting information about incidents to the Bank of Russia have been established.

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