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News

03.07.2020
KEY RATE REDUCED TO 4.5% PER ANNUM

The Board of Directors of the Bank of Russia decides to reduce key rate. Since June 22, 2020 it is 4.50% per annum.
It is reported that this decision is aimed at maintaining annual inflation near 4% and maintaining (along with other measures) lending, including in the most vulnerable sectors of the economy.

02.07.2020
RESTRICTIONS TO ACCESS TO TELEGRAM IN RUSSIA ARE REMOVED

The Federal Service for Supervision over Communications, Information Technology and Mass Communications removes restrictions to access to the web resources of Telegram messenger in Russia.

01.07.2020
DOCUMENTS FOR ADMISSION TO UNIVERSITIES MAY BE SENT REMOTELY, WITHOUT WAITING FOR THE RESULTS OF EXAMINATION

A service is launched for remote filing of documents for admission to the selected 54 universities on the free basis. This may be done without waiting for the results of the Uniform State Exam. After results of the exams are available, the points will be automatically transferred to universities and the committee will distribute students into the competition lists.
Through this service, documents for full-time education are accepted. For admission on the contract basis, students shall contact the university directly through the electronic service on the official website of an educational organisation.

30.06.2020
MINISTRY OF LABOUR UPDATED THE LIST OF TYPES OF WORK FOR ALTERNATIVE SERVICE

The Ministry of Labour has approved new lists of types of jobs, professions, and positions in which citizens may be employed in alternative civilian services, and a new list of organisations where such service is envisaged.

29.06.2020
THE RF GOVERNMENT ALLOWED TO POSTPONE THE IMPLEMENTATION OF THE SPECIAL ASSESSMENT OF WORKING CONDITIONS AND TRAINING ON LABOUR PROTECTION

Until October 1, 2020, the validity period of the results of a special assessment of working conditions and training on labour protection or testing of knowledge of labour protection requirements, expiring from April to September 2020, has been extended.

26.06.2020
GREEN CARDS WILL BE AVAILABLE IN ELECTRONIC FORM

The Russian Association of Motor Insurers announces that on July 1, 2020, the decision of the Council of Insurance Bureau of the Green Card international insurance system will come into force, which provides for the possibility of issuing electronic insurance policies of this system. Holders of electronic policies at the entrance to the territory of the countries of the Green Card system will have to have them in printed form.
Russian car owners will be able to have recourse to this opportunity after completing the necessary technological work in the OSAGO automated information system, amending legal and regulatory framework, as well as organising electronic interactions between the Russian Association of Motor Insurers and Russian and foreign customs authorities.
 

25.06.2020
THE LAW ON THE ABOLITION OF BANKING ROAMING ENTERED INTO FORCE

Amendments to the Law on Banks and Banking Activities entered into force, excluding differentiated fees for the transfer of monetary funds between accounts of individuals within the same bank, a side from whether the sender and the recipient have opened accounts in one or different regions of the Russian Federation.
A provision has appeared that provides that the commission fee for the transfer of monetary funds between bank accounts of individuals in a credit institution cannot be caused by the opening of these bank accounts in different separate divisions (internal structural units) of this credit organisation.
 

24.06.2020
THE RF GOVERNMENT ISSUED THE DECISION ON OBTAINING THE SCHOOL CERTIFICATES WITHOUT EXAMINATION

The specifics of conducting the state final certification for educational programs of basic general and secondary general education and entrance tests for admission to study under the undergraduate and specialty programs in 2020 are approved.
The document stipulates that in 2020 graduates of grades 9 and 11 receive certificates without passing exams. The Unified State Examination shall be taken by graduates who wish to continue their education at colleges and universities.
 

23.06.2020
FROM JUNE 15, 2020 TAX INSPECTIONS ARE OPEN FOR PERSONAL VISITS BY APPOINTMENT

On June 15, 2020 the Federal Tax Service re-opened tax inspections for personal visits. Due to the epidemiological situation, you may apply to the tax office by appointment using the "Online Record for Admission to the Inspection" service or through the Unified Contact Center of the Federal Tax Service

22.06.2020
FROM SEPTEMBER 2020 IT WILL BE POSSIBLE TO SUBMIT A NOTIFICATION OF THE ARRIVAL OF A FOREIGN CITIZEN TO THE PLACE OF STAY IN ELECTRONIC FORM

Amendments to the Law on Migration Registration. In particular, it is stipulated that after the amendments enter into force, the host party may file a notification of the arrival of a foreign citizen at the place of stay in the migration registration authority in electronic form. Currently, such notification may only be filed in person, through a multifunctional center or by post.

19.06.2020
"CORONA" NEWS - INSTRUCTION LEAFLET FOR MEDICAL USE OF THE FIRST DRUG FROM COVID-19 IS ALREADY AVAILABLE IN OUR SYSTEM

The instruction leaflet of the first registered drug for coronavirus is available in the GARANT System:
Favipiravir direct-acting antiviral drug (trade name "Avifavir"). According to the results of clinical trials, elimination of the virus during therapy with Favipiravir occurs on average in four days (in the observational group - in nine days).
 

18.06.2020
THE DEADLINE FOR INDIVIDUALS TO SUBMIT REPORTS ON THE MOVEMENT OF FUNDS ON FOREIGN ACCOUNTS FOR 2019 HAS BEEN EXTENDED

Until December 1, 2020, the deadline for individuals who are residents for submission to tax authorities of reports on the movement of funds on accounts in banks and other organisations of the financial market located outside the territory of the Russian Federation for 2019 has been extended.
Recall that, as a general rule, such a report must be submitted annually before June 1 of the year following the reporting year. However, in connection with the situation due to the spread of coronavirus this year, the deadline has been extended.

17.06.2020
ACCOUNTING REPORTING IS NOW AVAILABLE ONLINE

The state information resource for accounting (financial) reporting has been launched. It contains the financial statements of organisations for 2019 filed with the Federal Tax Service.
The resource is publicly available. All accounting reports posted on it, as well as audit reports and explanations, are available for viewing and download to all users concerned.
For the convenience of users, the accounting (financial) statements of organisations are available, for the first time ever, for download with the electronic signature of the Federal Tax Service bearing the same legal significance as certified by the seal of a tax authority.
 

16.06.2020
THE FEDERAL SERVICE FOR SURVEILLANCE IN HEALTHCARE BEGAN ISSUING PHARMACIES WITH PERMITS FOR THE ONLINE SALE OF DRUGS

The Federal Service for Surveillance in Healthcare approved the application form for obtaining permits to remote retail sale of drugs and a list of documents confirming that the applicant meets the requirements for online pharmacies.
Also, the pharmacy must confirm the availability of its own courier service with the appropriate equipment for transportation and the availability of a warehouse for completed orders of customers.
 

15.06.2020
HOW SHOULD A PRESCRIPTION BE DRAWN UP TO RECEIVE A SOCIAL DEDUCTION FOR PERSONAL INCOME TAX WHEN PURCHASING MEDICINES - EXPLAINS THE RF MINISTRY OF FINANCE

The social deduction for personal income tax is provided in the amount of the cost of any medicines prescribed to the taxpayer or his or her family members by the attending physician and purchased at his/her own expense.
The following supporting documents shall be attached to declarations filed with tax agencies with respect to personal income tax (form 3-NDFL):
- prescription form drawn up by a healthcare professional;
- payment documents (cash receipt) obtained from the pharmacy.
When release of medicines under prescription, the pharmacist shall put a mark on the prescription indicating the trade name (above the prescription "Rp", which indicates the name of the medicine as per the international non-proprietary name).

12.06.2020
THE PRESIDENT OF THE RUSSIAN FEDERATION DECLARED JUNE 24 A DAY OFF IN CONNECTION WITH THE VICTORY PARADE

CONNECTION WITH THE VICTORY PARADE
The Victory Parade is scheduled to be held on June 24 to mark the 75th anniversary of Victory in the Great Patriotic War and Victory Parade on June 24, 1945, in connection with which this day was declared a day off in the country with wages reserved for employees. At 10 o'clock local time, military parades will be held on the Red Square of the capital and in other cities of the Russian Federation involving weapons and military equipment, and at 22 o'clock an artillery salute will begin.

11.06.2020
THE ALL-RUSSIAN VOTE ON AMENDMENTS TO THE CONSTITUTION OF THE RUSSIAN FEDERATION IS SCHEDULED FOR JULY 1, 2020

Voting day (July 1 falls on Wednesday), according to paragraph 2 of part 5 of Article 2 of the Law on Amendment to the Constitution will be non-working and must be paid in accordance with the provisions established by the Labour Code of the Russian Federation with regard to payment for non-working days.
 

10.06.2020
BY THE END OF THE YEAR, GOVERNORS AND SANITARY DOCTORS OF THE CONSTITUENT ENTITIES OF THE RUSSIAN FEDERATION HAVE THE RIGHT TO INTRODUCE A MASK REGIME, SELF-ISOLATION AND SOCIAL DISTANCE

It has been established that the regions (the governor or the territorial body of the Federal Service for Supervision of Consumer Rights Protection and Human Welfare) independently take a decision on:
- isolation regime for persons arriving in the region (at home or in the observatory),
- introduction of social distance - 1.5-2 metres,
- introduction of mask and disinfection regimen,
- use of social exclusion measures (cessation of catering, retail, switch to remote mode, transfer to distance learning; with the spread of infection - the maximum contact limit).
 

09.06.2020
THE RF MINISTRY OF SCIENCE AND EDUCATION INFORMS OF THE TIMING FOR ADMISSION CAMPAIGN-2020 AT UNIVERSITIES

The Minister of Science and Education of the Russian Federation: despite of changes in the schedule of holding the State Uniform Examination, it will be possible to file documents with universities starting from June. Universities will accept applications from June 20 to August 17, 2020.
The main specifics of this year is that it will be possible to apply immediately after obtaining a certificate of education and before passing examination. The committees will work with applications, certificates, photos and other documents. As soon as the graduate passes the examination and points are entered into the base, the committee shall carry out rating and admission.

08.06.2020
DRUG-TESTING OF SCHOOLCHILDREN SHALL BE PERFORMED IN ACCORDANCE WITH THE NEW RULES

The RF Ministry of Science and Education has defined a new procedure for annual social and psychological testing of students in schools and professional educational institutions. The purpose of testing is prevention of illegal drug use by students.
The minimum age of persons to be tested is 13 years. Persons that have reached 15 years shall undergo a procedure with their written informed consent, the rest - with the consent of one of the parents.
Testing shall be carried out via questionary either in written or in electronic form.

05.06.2020
THE CENTRAL BANK OF THE RUSSIAN FEDERATION HAS DETERMINED THE MAXIMUM ACQUIRING COMMISSION WHEN PAYING FOR MEDICAL SERVICES

From June 1 to September 30, 2020, the maximum fee for agreements on the acceptance of electronic payment facilities for money transfers using payment cards when paying for medical services shall be 1%.
 

04.06.2020
AMENDMENTS TO THE LAW ON OSAGO

The Law on OSAGO has been amended to improve the existing OSAGO tariff system, including customisation of the insurance rate for each policyholder and the history of each drivers driving
 

03.06.2020
THE MAXIMUM INSURANCE FOR DEPOSITS ON WHICH MONEY IS PLACED FROM INHERITANCE AND SALE OF REAL ESTATE HAS INCREASED

Citizens will be able to receive deposit insurance payments where funds are generated from the sale of housing or land, inheritance, grants in the form of subsidies, in an increased amount, but not more than 10 million roubles. This also applies to funds received by court decision in respect of compensation for damage caused to the life, health or private property, social payments, benefits or compensation.
Insurance coverage is also extended to the funds of small enterprises, condominium associations, consumer cooperatives, Cossack societies, communities of indigenous peoples of Russia, religious organisations, charitable foundations, non-governmental organisations that are community service providers (except for non-governmental organisations that are foreign agents). The amount of compensation for such accounts will not exceed 1,400,000 roubles.

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