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

Learn more

Garant – Free Online Demo

Legal information system for your company.
Simply click on the button «Start working» and the system Legislation of Russia in English will be available for unlimited time.

News

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.
04.03.2026
THE BANK OF RUSSIA HAS CALLED ON CREDIT INSTITUTIONS TO STRENGTHEN CONTROLS OVER THE AVAILABILITY OF CONSENT FROM LEGAL REPRESENTATIVES FOR OPENING ACCOUNTS FOR MINORS

The regulator reminds that, from August 1, 2025, the Civil Code of the Russian Federation expressly provides for the need to obtain the consent of legal representatives (parents, adoptive parents, or guardians) to open a bank account for minors aged 14 to 18 years.

According to the Bank of Russia, a person should be considered to have reached the age of eighteen on the day following the birthday.
Failure to comply with these rules violates the requirements of the law and creates the preconditions for the involvement of minors as front person (drops) in high-risk financial transactions, the actual purposes of which may be the laundering of criminal proceeds, the implementation of illegal business activities or other unlawful purposes.
03.03.2026
INFORMATION ON THE OWNERSHIP STRUCTURE OF FINANCIAL INSTITUTIONS WILL BE DISCLOSED IN A GENERALISED FORM

The Bank of Russia's website will provide generalised information on the ownership structure of financial institutions. It is planned to abandon the disclosure of identification data of participants in the ownership structure and information about the relationships between them, and to move to the disclosure of information about the ownership structure through a set of impersonal criteria.

02.03.2026
UNDER CERTAIN CONDITIONS, A GROUP ENTITY MAY BE EXEMPT FROM PREPARING CONSOLIDATED FINANCIAL STATEMENTS

An entity that is part of a group whose financial statements do not have a wide range of interested users or independent material significance for users may be permitted not to prepare consolidated financial statements.

This applies to insurance organisations (except for health insurance organisations operating exclusively within the compulsory medical insurance system), non-state pension funds, management companies of investment funds, mutual investment funds, and non-state pension funds.
At the same time, three conditions must be met. First, the entity must not be an issuer of securities admitted to organised trading. Second, it must notify its shareholders or founders of its decision, and they must consent to it. Third, information reflecting the financial position and financial performance of the entity must be included in the financial statements disclosed by another entity within the group.
A requirement is introduced for a group entity to provide information reflecting its financial position, financial performance, and changes in its financial position to the relevant entity that discloses financial statements including such information.
These changes do not affect organisations that prepare, present, and/or disclose consolidated financial statements (financial reports) in accordance with other federal laws.
27.02.2026
KEY RATE HAS BEEN REDUCED TO 15.5% PER ANNUM

On February 13, 2026, the Bank of Russia decided to cut the key rate by 50 basic points to 15.5% 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 and the dynamics of inflation expectations. The baseline scenario assumes an average key rate in the range of 13.5-14.5% per annum in 2026. According to the Bank of Russia’s forecast, taking into account the current monetary policy, annual inflation will decrease to 4.5-5.5% in 2026.
26.02.2026
ON MEASURES TO PROTECT BANKING APPLICATIONS

New recommendations have been issued for protecting application software for automated systems and applications of credit and non-credit financial institutions. They are intended for software developers, for applicants for product certification, as well as for certification bodies and assessors involved in certifying software for compliance with information security requirements, including requirements for vulnerability analysis and monitoring the absence of undeclared capabilities.

25.02.2026
DOMAIN NAME REGISTRATION RULES ARE PROPOSED

On September 1, 2026, legislative amendments regarding domain name registration will take effect. Domain names will be registered by Russian legal entities included into a special list. Domain names of government agencies, local governments, unitary enterprises, institutions, state-owned companies, and public-law entities will be registered by non-profit organisations included into the government list. 

To implement these amendments, a draft government decision has been prepared defining the rules for domain name registration, requirements, terms of use, and timeframes.

24.02.2026
RUSSIAN MINISTRY OF FINANCE WILL NOT PUBLISH DATA ON IFRSS THAT ARE IN THE PROCESS OF BEING RECOGNISED

The rules for recognising IFRS and international auditing standards for application in Russia have been adjusted. 

The provisions on publishing information on the website of the Ministry of Finance about international standard documents that are in the process of recognition, as well as information about the stage of recognition at which the document is located, have been removed.
23.02.2026
STARTING FROM 2027, THE RANGE OF FORENSIC EXAMINATIONS CONDUCTED EXCLUSIVELY BY STATE FORENSIC ORGANISATIONS WILL BE EXPANDED

The list of such examinations approved by the Russian Government has been expanded. 

The changes will affect cases involving the determination of the market value of real estate and land management objects in cases involving the seizure of a land plot or objects located on it for state needs, as well as the amount of damages caused by such seizure. 
Within this category of cases, the following types of examinations will be permitted to be conducted exclusively by state forensic organisations: 
- forensic construction and technical; 
- forensic land management; 
- forensic economic.
20.02.2026
DEADLINES FOR NOTIFICATION AND PAYMENT OF PROPERTY TAXES FOR ORGANISATIONS FOR 2025 ARE NEARING

Organisations must pay property taxes (transport and land taxes, property tax) for 2025 no later than March 2, 2026. The deadline is postponed from February 28 to the next working day.

19.02.2026
SPECIFICS OF CATEGORISATION OF CRITICAL INFORMATION INFRASTRUCTURE OBJECTS IN THE BANKING SECTOR HAVE BEEN ESTABLISHED

The procedure for establishing the compliance of a critical information infrastructure facility in the banking sector and other areas of the financial market with the criteria of significance and indicators of their values for assigning it one of the categories of significance has been approved, as well as the procedure for calculating the values of the indicators of the criteria of significance, taking into account the specific features of the functioning of the facility.

18.02.2026
LICENSING REQUIREMENTS FOR DEVELOPMENT AND PRODUCTION OF CONFIDENTIAL INFORMATION PROTECTION TOOLS TO BE REVISED

It is planned to amend the licensing procedure for activities related to the development and production of confidential information protection tools.

Licensing requirements, as well as the list of documents and information to be submitted, will be changed. Inspections of license applicants (license holders) will be carried out in the form of documentary and/or on-site assessments. The form and procedure for such assessments will be established by the licensing authority. The same authority will also determine the rules for suspension, renewal, termination, and revocation of licenses.
17.02.2026
NEW GOST FOR THE DEVELOPMENT OF OFFSHORE OIL AND GAS FIELDS
On February 1, 2026, a new national standard, GOST R 70373-2025 ‘Oil and Gas Industry. Subsea Production Systems. Pre-FEED Documentation. Composition and Content,’ was put into operation in the Russian Federation. The standard is intended to systematise and harmonise approaches to the preparation of documentation at the earliest stages of offshore oil and gas field development.
The standard establishes the basic provisions governing the composition and content of pre-FEED documentation prepared as a basis for decision-making on planning investment in the implementation of offshore hydrocarbon field development projects using subsea production systems, or in individual components of such projects.
The GOST will be applied at all stages of the life cycle of offshore hydrocarbon fields, including design, construction, operation, maintenance, technical re-equipment, modernisation, capital repairs, reconstruction, conservation, decommissioning, and abandonment.
16.02.2026
THE CABINET OF MINISTERS APPROVED A NEW PROCEDURE FOR MARKING FUR PRODUCTS

New rules for marking fur products with identification means have been approved. They will replace the 2016 rules.

Information on the application of identification means, the introduction into circulation, the circulation and withdrawal from circulation of fur products must be submitted to the information monitoring system starting from March 1, 2026. Until February 28, 2027, it will be possible to sell the remaining unsold products marked under the old system.
In addition, participants in the fur product trade will be required to submit an application for registration in the information monitoring system; ensure the readiness of their own hardware and software for information interaction with the information monitoring system; and undergo testing of the information interaction between their hardware and software and the information monitoring system.
13.02.2026
NEW RULES FOR FILLING IN STATISTICAL FORM NO. P-4 ON HEADCOUNT AND WAGES COME INTO FORCE ON FEBRUARY 1, 2026

New guidelines for filling in statistical reports in accordance with Form ‘Information on the Number of Employees and Their Wages’ have entered into force. The form itself has not changed.

As a reminder, virtually all legal entities must provide to Rosstat reports under this Form. Companies with average headcount more than 15 persons within the previous two years (including part-time employees and individuals engaged under civil-law contracts) and an annual turnover over 800 million roubles, must provide the Form on a monthly basis. Companies with an average headcount of fewer than 15 employees and an annual turnover not exceeding 800 million roubles, must submit the Form quarterly.
12.02.2026
SCORING CONSTRUCTOR - A NEW FEATURE OF THE FEDERAL TAX SERVICE'S SERVICES FOR ASSESSING LEGAL ENTITIES AND INDIVIDUAL ENTREPRENEURS

The Federal Tax Service informs that an update has been introduced to the service for assessing legal entities and individual entrepreneurs, expanding the tool's functionality. The update is aimed at providing a targeted approach to the analysis of users' financial and economic activities.

Thus, the service has implemented a scoring constructor. It allows users to create different scoring models by adding or removing evaluation parameters. Here you can create your own statement template with evaluation indicators relevant to your industry or business task.
11.02.2026
CERTIFICATION OF FORCE MAJEURE CIRCUMSTANCES: NEW TARIFFS FROM FEBRUARY 1, 2026

Confirmation of force majeure circumstances in foreign trade transactions is carried out by the Chamber of Commerce and Industry of Russia, and authorised chambers of commerce and industry certify force majeure circumstances within the framework of contractual relations between Russian legal entities and individual entrepreneurs.

Thus, from February 1, 2026, the fee for consideration of an application by the Chamber of Commerce and Industry of Russia / authorised chambers of commerce and industry for certification of force majeure circumstances and the documents attached to it has been set at 20,500 roubles (previously - 19,400 roubles).
The fee for issuing a certificate by the Chamber of Commerce and Industry of the Russian Federation on the legal status of a legal entity (a set - the original and two certified copies) and for correcting errors made due to the applicant's fault when issuing certificates, with the issue of a new certificate in place of the cancelled one, as well as the issue of an additional certified copy of the certificate, is charged from February 1 in the amount of 11,600 roubles and 3,900 roubles, respectively (previously - 11,000 roubles and 3,700 roubles).
10.02.2026
RUSSIAN MINISTRY OF JUSTICE HAS DRAFTED AMENDMENTS TO THE CIVIL PROCEDURE CODE - ADJUSTING THE RULES FOR FILING CIVIL CLAIMS IN CRIMINAL CASES INVOLVING THEFT FROM BANK ACCOUNTS

The draft law was developed to implement Ruling of the Constitutional Court of the Russian Federation No. 47-P of December 22, 2025, which allowed victims of telephone fraud to file claims for the return of illegally withdrawn funds at their place of residence.

Currently, general rules apply to such civil claims, requiring them to be filed at the defendant's place of residence.
The draft law introduces the option for plaintiffs to file claims either at the defendant's place of residence, the plaintiff's place of residence, or the location where the criminal case regarding the theft of funds from a bank account is being handled. This provides greater flexibility for victims seeking restitution.
09.02.2026
REGISTRATION OF FOREIGN NATIONALS VIA RUID APP - THE EXPERIMENT TO BE EXTENDED

The experiment allowing foreign nationals to register via the RuID app is supposed to be extended until the end of 2027.

Additionally, starting from July 1, 2026, mandatory electronic notification of entry into Russia will be introduced for foreign employees and students from visa-free countries.
06.02.2026
RUSSIA TO INTRODUCE MORE IFRS STANDARDS

Several new International Financial Reporting Standards (IFRS) are supposed to come into force in Russia, including the following:

- IFRS 18 - Presentation and Disclosure in Financial Statements;
- IFRS 19 - Subsidiaries without Public Accountability: Disclosures;
- Amendments to the requirements on the classification and measurement of financial instruments (amendments to IFRS 9, IFRS 7 and IFRS 19).
However, IAS 1 ‘Presentation of Financial Statements’ will be discontinued.
Moreover, IAS 8 ‘Accounting Policies, Changes in Accounting Estimates and Errors’ will be replaced with IAS 8 ‘Basis of Preparation of Financial Statements’.
05.02.2026
PROCEDURE FOR BRINGING TO CRIMINAL LIABILITY FOR UNLAWFUL INFLUENCE ON CRITICAL INFORMATION INFRASTRUCTURE WILL BE CLARIFIED

The State Duma adopted in the first reading draft amendments to the Criminal Code regarding criminal liability for unlawful interference with critical information infrastructure of the Russian Federation. 

It is proposed to clarify that criminal liability for unauthorised access or violation of operating rules is threatened if the act resulted in the destruction, blocking, modification, or copying of computer information included in the critical information infrastructure of the Russian Federation. 
It is proposed that a person who violates the rules for the operation of means of storing, processing or transmitting information be exempted from criminal liability if he/she actively contributed to the disclosure and (or) investigation of the crime, including taking the necessary measures to preserve traces of unlawful influence, unless the actions contain other elements of a crime.
04.02.2026
PROCEDURE FOR REISSUING A SUBSOIL USE LICENCE UPDATED

The procedure for preparing an application to reissue a subsoil use license and for compiling the documents required for this procedure has been revised. Certain provisions have been removed - including those requiring that, with respect to a foreign person, an analogue of the taxpayer identification number (TIN) under the legislation of the relevant foreign state shall specified.

An entry on the issuance of a reissued licence shall now be made into the state register of subsoil plots granted for use and subsoil use licences.
03.02.2026
STARTING A BUSINESS ONLINE: THE EXPERIMENT PERIOD HAS BEEN EXTENDED

The period for conducting an experiment on providing a comprehensive service for state registration of legal entities and individual entrepreneurs, issuing them a certified certificate for the verification key of an electronic signature, opening a current account and concluding a remote banking service agreement has been extended until March 1, 2027. 

It is also stipulated that within 30 months from the date of commencement of the experiment, the Federal Tax Service will conduct a preliminary assessment of its results and submit a corresponding report to the Government, taking into account the positions of interested participants in the experiment.
02.02.2026
JOBS PROHIBITED FOR MINORS - NEW LIST DRAFTED

The Russian Ministry of Labour and Employment has drafted a new list of jobs where the employment of persons under 18 years of age is prohibited. Currently, a government-approved list is in force.

Under the new proposed list, minors will not be allowed to be employed in jobs involving harmful factors, as well as in workplaces that may pose a threat to their moral development (such as saunas, nightclubs, funeral homes, etc.).
30.01.2026
THRESHOLD FOR MONETARY TRANSACTIONS INVOLVING REAL ESTATE SUBJECT TO MANDATORY CONTROL WILL BE ESTABLISHED BY THE FEDERAL FINANCIAL MONITORING SERVICE

Since January 9, the Federal Financial Monitoring Service has been authorised to determine the amount above which a transaction involving cash or non-cash funds carried out in a real estate transaction is subject to mandatory control. The corresponding value cannot be less than five million roubles.

The threshold for these transactions may be set differently depending on the type of organisation in which they are carried out.
According to the project prepared by the department, it is planned to provide for the following values:
- 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.
29.01.2026
FEDERAL TAX SERVICE HAS LAUNCHED A NEW SERVICE FOR SELECTING CODES OF THE ALL-RUSSIA CLASSIFIER OF ECONOMIC ACTIVITIES (OKVED)

The Federal Tax Service reports that the new "My OKVED" service, located on the Service's website, will help accurately select application type codes based on the business's planned activities.

The service can also help if you have difficulty choosing the main OKVED code. To do this, you need to indicate the projected indicators for the planned types of activities. The calculation result is visualised in the form of infographics defining the main OKVED code in accordance with the hierarchical method.
28.01.2026
CURRENCY CONTROL FOR TRANSFERS VIA THE FASTER PAYMENT SYSTEM: ANSWERS TO QUESTIONS FROM BANKS

The Bank of Russia has prepared clarifications for credit institutions regarding currency control for money transfers using the Faster Payment System (also known as SBP).

27.01.2026
‘GREY’ IMPORTS OF CARS BYPASSING FULL CERTIFICATION WILL BE DISCONTINUED

A procedure has been established for confirming compliance with technical regulations for e-commerce goods imported into the EAEU for sale to individuals. 

Restrictions have been introduced with respect to the ownership, use, and disposal in Russia and Kazakhstan of wheeled vehicles imported into the EAEU for e-commerce with conformity assessment exemptions. This concerns vehicles that are those released into circulation in another EAEU member state under a simplified certification scheme and imported to Russia or Kazakhstan without undergoing the full conformity assessment procedure.
26.01.2026
RUSSIA’S ENVIRONMENTAL REGULATOR REMINDS BUSINESSES TO PAY ENVIRONMENTAL FEE FOR 2025

By 15 April 2026, all manufacturers and importers of goods and packaging included into the government-approved list are required to pay the environmental fee. Companies must also submit to Rosprirodnadzor reports on the weight of goods and packaging, information on independent waste recycling (if carried out), and calculations of the fee payable.

23.01.2026
ROCKWOOL HAS BEEN PLACED UNDER TEMPORARY MANAGEMENT

100% of the shares in the authorised capital of ROCKWOOL limited liability company, owned by ROCKWOOL A/S, and 68% of the shares in the authorised capital of ROCKWOOL-VOLGA LLC, owned by ROCKWOOL A/S, were transferred to the temporary management of Razvitie Stroitelnykh Aktivov joint stock company.

22.01.2026
THE UNITED ARAB EMIRATES HAS BEEN EXCLUDED FROM THE LIST OF OFFSHORE ZONES

The Ministry of Finance excluded the United Arab Emirates from:

- the List of states and territories that provide preferential tax regimes and (or) do not require disclosure and provision of information when conducting financial transactions (offshore zones);
- the Special List of states and territories that provide a preferential tax regime and (or) do not require disclosure and provision of information when conducting financial transactions (offshore zones).
21.01.2026
EXPERIMENT ON MANDATORY LABELLING OF BABY FOOD HAS BEGUN IN RUSSIA

From January 12 to October 31, 2026, an experiment on labelling dairy and canned baby food products will be held in Russia (for children under three years of age and under one year of age, respectively).

20.01.2026
IMPORT DUTY RATES FOR E-COMMERCE GOODS HAVE BEEN DETERMINED

For e-commerce goods purchased by individuals imported into the EAEU, a uniform customs duty rate of 5% of their value, but no less than 1 euro per kg, has been established. Certain goods are exempt, including passenger cars, motor vehicles equipped for residential use, motorcycles, mopeds, etc. The rates for these goods have been specified. 

E-commerce goods are also defined as those exempt from the special procedures and conditions for the movement of e-commerce goods across the EAEU customs border.
19.01.2026
NEW OPEN BANKING API STANDARD HAS BEEN DEVELOPED

The Bank of Russia has developed a standard containing principles and approaches common to all open API specifications applied to data exchange through open programming interfaces. It is intended for then following persons: 

- for participants in the exchange of information about financial products, accounts, and other user financial instruments, as well as related information; 

- for developers of information technology and software. 

The standard enters into force on October 1, 2026.

16.01.2026
THE SPECIAL PROCEDURE FOR DECISION-TAKING BY THE BODIES OF SOME RUSSIAN COMPANIES HAS BEEN EXTENDED

The special procedure for decision-taking by bodies of some Russian organisations has been extended until the end of 2026. In particular, large companies in the energy, engineering and trade sectors can take corporate actions without taking into account the votes of co-owners from unfriendly countries.

15.01.2026
METHODOLOGICAL DOCUMENT ON PROTECTING FINANCIAL INSTITUTIONS' APPLICATION SOFTWARE - A NEW WORDING HAS BEEN APPROVED

A new wording of the methodological document "Profile for Protecting Application Software of Automated Systems and Applications of Credit Institutions and Non-Credit Financial Institutions" has been approved. 

The Bank of Russia recommends using the updated document for development and implementation of secure software products while maintaining a guaranteed and sufficient level of security for application software of automated systems and applications used in financial (including banking) transactions.
14.01.2026
THE PROCEDURE FOR PAYING THE ACTUAL VALUE OF A SHARE IN AN LLC HAS BEEN CLARIFIED
The Law on Limited Liability Companies establishes a rule that in the event of disagreement between the person to whom the actual value of a share (part of a share) in the authorised capital of the company, or the company itself, with the determination of the value of net assets based on the financial statements, the valuation of such assets is carried out based on their market value. This concerns cases of withdrawal or exclusion of a participant from the company, as well as some other situations when a share in the authorised capital is transferred to the company.
An application for the specified method of valuation shall be submitted by the relevant participant or company before the expiry of the period for payment of the actual value of the share. The applicant also engages an appraiser, unless otherwise provided by the company's charter.
If, before the expiry of the period for payment of the actual value of the share, its market valuation has not been carried out or there are disagreements between the parties, the company must pay the value of the share in accordance with the general rules - that is, on the basis of the financial statements - with subsequent recalculation taking into account the market value of the share.
It is also envisaged that the option of assessing a share at market value may be enshrined in the company’s charter by default. A similar mechanism can be applied in the event of foreclosure on a share at the request of the participant’s creditors.
13.01.2026
FINANCIAL INSTITUTIONS HAVE BEEN GIVEN A LIST OF INFORMATION THEY MAY NOT DISCLOSE IN 2026

The Bank of Russia has specified the composition of information that is not subject to mandatory publication by the Bank of Russia itself, as well as by credit institutions, foreign banks operating in Russia through branches, non-credit financial companies, entities providing professional services in the financial market, and subjects of the national payment system, on their websites in 2026.

12.01.2026
A SIMPLIFIED PROCEDURE FOR IMPORTING SMARTPHONES, TABLETS, LAPTOPS, AND MICROCHIPS INTO RUSSIA WILL REMAIN IN EFFECT THROUGH 2026

As specified on the Russian Government's website, the simplified procedure shall apply to obtaining notifications for smartphones, tablets, laptops, computers, microchips, and radios. Typically, to obtain notification for importing such devices or equipment into Russia, their manufacturer must file an application with the authorised organisation - the Center for Licensing, Certification, and Protection of State Secrets of the FSB of Russia. The simplified procedure allows notifications to be issued by industry associations.

09.01.2026
THE KEY RATE HAS BEEN REDUCED TO 16% PER ANNUM
On December 19, 2025, the Bank of Russia decided to reduce the key rate by 50 bps to 16% per annum. 
The Central Bank of the Russian Federation will maintain such tight monetary conditions as are necessary to bring inflation back to its target. According to the forecast of the Bank of Russia, annual inflation will decrease to 4-5% in 2026. In 2027 and beyond, it will be on target level. 
The next meeting of the Board of Directors of the Bank of Russia on the level of the key rate is scheduled for February 13, 2026.
 
08.01.2026
IT HAS BEEN DETERMINED WHICH SERVICES CAN BE PROVIDED BY RESIDENTS OF THE INTERNATIONAL TERRITORY OF ADVANCED DEVELOPMENT

 IT HAS BEEN DETERMINED WHICH SERVICES CAN BE PROVIDED BY RESIDENTS OF THE INTERNATIONAL TERRITORY OF ADVANCED DEVELOPMENT

Starting in 2026, the Far Eastern Federal District will create favourable conditions for implementing projects with foreign partners to produce high-value-added products. The list of types of work (services) performed (provided) by residents of the international territory of advanced development has been approved. These include: 
- overhaul and modernisation of aircraft and engines; 
- wireless telecommunications services; 
- services in the area of IT, engineering design, technical testing; 
- services related to scientific research and experimental development in the area of biotechnology, information security, and in the area of technical sciences and technologies; 
- services (works) in the area of information protection and ensuring the security of critical information infrastructure.
 
07.01.2026
IT HAS BEEN DETERMINED WHAT INFORMATION NON-CREDIT FINANCIAL INSTITUTIONS MAY NOT DISCLOSE IN 2026
It lists information that non-credit financial institutions, including central counterparties and central depositories, may not disclose in 2026. Decisions on these issues were also taken for 2024 and 2025. 
This decision of the Bank of Russia does not cancel the obligations established by federal laws or acts of the Central Bank to provide the regulator and other persons with information that is permitted not to be disclosed.
 

Archive

mon tue wed thu fri sat sun
1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30*

Contact Us