A special recording procedure for certain securities will be in effect until the end of 2025
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On October 1, 2024, the June amendments to the Law on Information, Information Technology and Information Protection come into force, aimed at optimising the procedure for restricting access to copies of "pirated" websites that have already been blocked due to repeated and illegal posting of information containing items of copyright and (or) related rights, or information necessary to obtain them using information and telecommunications networks, including the Internet.
On September 13, 2024, the Bank of Russia decided to raise the key rate by 100 bps to 19% per annum.
From September 16, 2024, new interest rates have been set for currency swap transactions for the sale of yuan for roubles with the subsequent purchase. For yuan - at the rate of O/N SHIBOR, increased by 12 percentage points. For roubles - in the amount of the key rate of the Bank of Russia, reduced by one percentage point.
If residents are part of the same international group of companies with non-residents, they must submit notifications to the tax authorities about opening (closing) accounts (deposits) and about changing the details of accounts (deposits) of non-residents abroad.
It is planned to introduce accelerated state registration of drugs, the production of international nonproprietary names of which is not localised in Russia.
It is planned to adjust the procedure for connecting to the information system containing the list of prohibited sites, interaction with the Federal Service for Supervision of Communications, Information Technology, and Mass Media (Roskomnadzor) when providing access to the system, processing and using information.
Until the end of 2025, the Federal Service for Intellectual Property will not publish information about individuals in the official bulletin at the request of them. It is about:
The Bank of Russia maintains restrictions on cash currency due to current sanctions. For citizens whose foreign currency account or deposit was opened before March 9, 2022, a limit on currency withdrawal in the amount of the balance of funds remains, but not more than 10 thousand US dollars or the equivalent in euros, if such an opportunity has not been implemented earlier. Remaining funds can still be withdrawn in roubles.
The website of the Central Bank of the Russian Federation has published the basic principles and stages of implementation of Open Program Interfaces (Open APIs). They will allow companies to exchange information on a client more quickly with their consent, provide them with beneficial personalised services, and also give a person the opportunity to manage their data at a high-quality level.
It is planned to establish access to what information about the Internet advertising identifier held by Roskomnadzor is provided to the advertiser, advertising distributor, operators of advertising systems and advertising data, and the operator of social advertising.
In connection with the expansion of domestic brands, a number of brands in the light industry have been excluded from the list of goods permitted for parallel import. Amendments will come into effect in six months.
The pattern of special S-type custody account has been defined. Money transferred from a special custody account opened with the same depository or erroneously debited from a special S-type custody account, as well as refundable amounts of taxes previously paid from this account, can be credited to it.
Participants of limited liability companies (LLCs) (except for credit and non-credit financial, specialised LLCs) are now required to contact a notary when electing a new head (general director) to certify the fact of such a decision. The notary will sign the application for making changes to the Unified State Register of Legal Entities (previously, this was done by the new director) and independently send it electronically to the registration authority.
From September 1, 2024, qualified certificates of employees of legal entities and individual businessmen obtained from commercial certification centers have ceased to be valid.
From September 1, 2024, offences related to failure to comply with the procedure for paying tolls for travel on toll roads of regional, intermunicipal and local significance, private roads are removed from the scope of Article 12.21.4 of the Code of Administrative Offences of the Russian Federation. The mentioned Article is now applied in as much as it concerns violations of the payment procedure committed in connection with travel on federally significant toll roads.
Student IDs and record books are available through Gosuslugi web-portal. They can be downloaded in the "Education" section and presented by showing a QR code on a smartphone screen.
The Certification Authority of the Bank of Russia issues qualified certificates of digital signatures, including to all subjects of the national payment system, persons who provide services in the financial market, self-regulatory organisations in the financial market and self-regulatory organisations in the provision of services in the financial market. In this regard, the procedure for creating and issuing certificates to financial market participants has been updated. The application and documents can be submitted on paper or electronic media, or in the form of an electronic document. The certificate will be issued on paper or electronic media, or in the form of an electronic document.
Amendments to the Law on state registration of legal entities and individual entrepreneurs come into force on September 1, 2024.
The revealing by Roskomnadzor within a calendar year of two or more facts of failure to comply with the rules for application of advisable technologies posted on an information resource, or information related to the application of such recommendation technologies received at the request of Roskomnadzor, will be considered as risk index in the following cases:
From January 1, 2025, legal entities and individual entrepreneurs who have entered into an agreement for the provision of mobile radiotelephone communication services will be able to provide the opportunity to use communication services within the framework of this agreement (issue corporate SIM cards) only to individuals who work for them under an employment contract or a paid civil law contract. There is currently no such restriction.
Startup companies with a minimum revenue indicator, included in the register of small technology companies, created less than three years ago, can now receive state accreditation, without taking into account the criterion for the share of revenue from IT activities of more than 30% of total revenue.
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