From October 22, 2024, for major banks, as well as credit institutions that are significant in the payment services market, this period will be 2 hours, and from January 1, 2025 - 1 hour. For other banks, the period is 3 hours. This will allow to reduce the number of new transfers to fraudsters' accounts. 

A list of types of products (goods) has been established, the production and use of which are not permitted due to the fact that waste from their use cannot be processed and (or) utilized, or their processing and (or) utilisation is difficult.

From March 1, 2025, citizens will be able to establish a self-prohibition on the issuance of consumer loans. From this date, the corresponding amendments to the Law on Credit Histories and the Law on Consumer Credit (Loan), adopted in February of this year, will come into force.

The Rules for the formation, maintenance and storage of a citizen's personal file and an employer's registration file on the Unified Digital Platform in the Sphere of Employment and Labour Relations "Work in Russia" have been proposed. 

By April 30, 2025, the largest Russian exporters are obliged to:

In particular, the provisions of the Law on the Protection of Competition concerning the recognition of the price of a product as monopolistically high or monopolistically low have been clarified.. In particular, the need for comparison with prices in markets outside the Russian Federation when determining monopolistically high or monopolistically low prices is eliminated.

Securities and shares in the authorised (share) capital of a number of Russian legal entities have been transferred to the temporary management of the Federal Property Management Agency. In particular, the following have come under state control: JSC and LLC "Glavprodukt", LLC "BALTIC CANNERY", LLC "Glavprodukt-patent", LLC "United Industrial Company", LLC "United Cannery Plants".

Actions related to driving a vehicle with state registration plates equipped with devices that prevent identification of state registration plates or allow them to be modified or hidden are currently determined as a separate offence, for the commission of which the penalty will be deprivation of the right to drive vehicles for a period of one year to one and a half years with confiscation of the said devices (the devices are subject to destruction).

With respect to products included into List D of Section 1.1 of the List of goods for which an authorisation-based procedure for importing onto the EAEU customs territory has been established, regardless of whether such products contain mono-substances from List F or mixtures thereof, the authorisation-based procedure shall apply for importing onto the territory of Russia, established for ozone-depleting substances and products containing them

A format has been developed for flow statements with respect to funds and other financial assets of a non-resident included into the same international group of companies as a resident, on an account (deposit) opened in a bank or another financial market institution located abroad, and on transfers without opening an account using electronic means of payment provided by foreign payment service providers.

The Ministry of Finance has provided clarification regarding tax benefits for small technology companies. Thus, from January 1, 2025, it will be possible to apply coefficient 2 to research and development expenses regardless of whether the relevant work is included in the established list.

Companies making calls to mobile network subscribers, especially mass calls, will be required to inform their operator who they are and why they are calling. This data will be automatically transferred from operator to operator, and the source of the call will be identified on the subscriber's phone. In this case, the subscriber will have the right to refuse mass calls or select only those companies from which he/she is ready to receive calls. If the company does not provide the required information, the call will be blocked.

Decision of the Government of the Russian Federation No. 1335 of October 4, 2024 on the Staggering of Days Off in 2025

A law on compensation for time off for work on weekends and holidays upon dismissal of an employee has been signed. From March 1, 2025, new provisions will appear in the Labour Code of the Russian Federation, providing for the following: 

Until December 31, 2025, the Board of Directors of the Central Bank is authorised to determine the type, category (kind) of securities, when recording the rights to which the nominal holder must take the following actions in S-type securities accounts:

The procedure for removing from the register financial organisations obliged to organise interaction with the financial ombudsman for the rights of consumers of financial services has been adjusted. 

It is planned to classify all accommodation facilities that provide temporary accommodation services to tourists, and not just hotels. Exceptions include children's camps, rural tourism on farms, and accommodation facilities for religious organisations. 

Regional branches of the Social Fund of Russia report that the transition to the Unified Social Digital Platform is in process. Due to this, policyholders will be assigned new registration numbers, which must be indicated in the reports filed with the SFR starting from November 1, 2024. Reports are be supposed to be accepted with both old and new SFR registration numbers until October 31, 2024. 

The recycling fee will increase significantly from October 1, 2024 for wheeled vehicles and trailers and from 2025 - for special equipment. 

In order to apply open positions of credit institutions for currency risk, the Bank of Russia has established credit rating levels for credit institutions’ counterparties to forward transactions.

Russian citizens and non-resident individuals from friendly countries will still be able to transfer monthly no more than 1 million US dollars or equivalent amounts in another foreign currency to any accounts opened with foreign banks. 

From October 1, 2024, transfers funds abroad by non-residents from unfriendly countries from Russian brokers’ and trustees’ accounts are suspended for another six months.

One more reason has been introduced for an unscheduled inspection within the framework of state advertising control. This concerns TV advertising containing an indication of the advantages of the advertised product over goods made by other manufacturers or sellers, by an advertiser that has already distributed false advertising within the previous 2 years.