Wide implementation of the digital rouble to begin on September 1, 2026
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New requirements are being established for credit institutions regarding the placement of funds from the personal liability fund of tour operators in the field of outbound tourism.
In certain situations, citizens will be able to confirm their identity (that is to present their Russian passport) using the Gosuslugi mobile app.
Via the ‘GosDoki’ service on Gosuslugi, a new feature will soon allow users to generate a QR code, which in certain cases may be presented instead of a passport if necessary. The scope of QR code use will expand as organisations connect to the GosDoki service - the QR code can only be presented subject to such connection.
For citizens who had a foreign currency account or deposit opened before March 9, 2022, the limit on currency withdrawal remains in the amount of the balance of funds as of 00:00 Moscow time on that date, but not more than 10 thousand US dollars or the equivalent amount in euros, regardless of the currency of the deposit or account.
The remaining funds can be received in roubles.
The ban on charging citizens a commission for issuing foreign currency from accounts or deposits has been retained for banks for six months.
Currency transfers without opening an account and via electronic wallets may be issued only in roubles.
Non-resident legal entities will not be issued cash in US dollars, euros, pounds sterling or Japanese yen until March 9, 2026. There are no restrictions for other currencies.
Resident legal entities can withdraw US dollars, euros, pounds sterling or Japanese yen from their accounts for six months only for travel expenses. There are no restrictions on other currencies.
On August 16, 2025, new requirements came into force for internal control rules developed in pursuance of anti-money laundering legislation by the following persons:
- lawyers,
- trustees (managers) of a foreign structure without forming a legal entity,
- executive bodies of a personal fund (except for an inheritance fund), including an international personal fund (except for an international inheritance fund),
- persons engaged in entrepreneurial activities in the field of providing legal or accounting services,
- persons mining digital currency (including participants in a mining pool),
- persons organising the activities of a mining pool,
- notaries, audit organisations and individual auditors.
From September 15, 2025 to September 14, 2026, the Chinese authorities will unilaterally introduce a visa-free entry regime for up to 30 days for Russian citizens arriving for tourism or business purposes, private visits, or for transit travel.
As of September 1, 2025, the Bank of Russia admits administrators of financial and commodity benchmarks to the financial market and maintains the corresponding register. Inclusion in the register is voluntary. However, regulatory documents of government authorities and the Bank of Russia may only use benchmarks that are listed in the register.
The assets of Air Liquide Russie have been placed under temporary administration by LLC M-Logistika.
This is due to the amendments that came into force on September 1, which changed the rules for recording information on types of economic activities carried out by organisations and individual entrepreneurs in the Unified State Register of Legal Entities and the Unified State Register of Individual Entrepreneurs. The new procedure assumes that the registers contain information on OKVED codes of two types: declarative and reporting. The declarative type information is submitted to the registration authority by the applicant when performing registration actions, and the reporting type information will be entered into the registers by the registration authority itself based on data submitted by the Federal Service of State Statistics starting in 2026.
Bank customers whose accounts or cards have been suspended or access to remote banking services (e.g. mobile application) has been restricted should know the grounds for this and what to do to restore service. This was reported in the information letter of the Bank of Russia.
Pursuant to the amendments effective from September 1, 2025, a number of new measures have been introduced to protect bank customers from fraudulent account transactions, including those carried out using ATMs.
Starting from the specified date, the company's charter may provide that the rules on the pre-emptive right of purchase do not apply to all or individual participants specified in the charter. In addition, the exercise of this right may be subject to certain circumstances or a period.
On September 1, 2025, the June amendments to the Law on Personal Data will enter into force, introducing a new requirement for consent to the processing of personal data: such consent must be drawn up separately from other information and (or) documents that are confirmed and (or) signed by the subject of personal data.
The Russian Ministry of Finance reports on two new developments in the field of auditing:
1) Decision of the Government of the Russian Federation No. 1181 clarifies the procedure for external oversight of audit firms providing services to public interest entities. In particular, scheduled inspections of audit firms serving public interest entities classified as medium risk have been abolished.
2) Federal Law No. 236-FZ, effective from August 3, 2025, specifies administrative liability for obstructing the lawful activities of an official of the Federal Treasury. A table of fines has been introduced.
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