A special recording procedure for certain securities will be in effect until the end of 2025
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From January 1, 2025, government authorities and customers are prohibited from using foreign software on significant critical information infrastructure facilities owned by them, unless otherwise provided by federal law.
Shares of the joint stock company "Nizhny Novgorod Chemical and Pharmaceutical Plant" owned by Nidda Lynx S.a.r.l., have been transferred under the temporary management of limited liability company "Farmirus".
The notification of a controlled foreign corporation must be submitted regardless of the financial performance of such foreign company.
Each employee has the right to receive a salary to his bank account - the provisions of the Labour Code of the Russian Federation guarantee the right to unhindered receipt of wages in a way convenient for the employee. Both the right to choose the appropriate credit institution and the right to change it belong to the employee, not the employer.
Clause 2.2. of the traffic regulations has been supplemented with a provision stipulating that if the civil liability of the owner of a vehicle registered on the territory of a foreign state and temporarily used on the territory of the Russian Federation is insured under international insurance systems, the driver of the vehicle must, at the request of a police officer, present for inspection a document confirming the fact of concluding a contract of insurance of civil liability of vehicle owners under international insurance systems.
The Federal Tax Service reminds that April 1 marks the end of the transition period during which taxpayers had a choice of formats for generating electronic invoices. The Order of the Federal Tax Service dated December 19, 2023 approved two Annexes, one of which is valid until the end of March 2025. Thus, from April 1, 2025, only the format provided for on Annex No. 1 to the Order to be applied to generate an electronic invoice and universal transfer document.
Temporary management of Gazprom Household Systems JSC has been lifted from the share in the authorised capital of Ariston Termo Rus LLC, which belongs to Ariston Holding N.V.
As part of the counteracting against telephone fraud, the following is provided:
The procedure, terms, composition and format for providing information by a communication operator to Roskomnadzor to identify communication facilities and user equipment (terminal equipment) on the Internet on the territory of a country, region or part thereof have been established.
Communication operators, owners of technological communication networks that have a unique identifier for a set of communication means and other technical means on the Internet must be equipped with technical means of control over compliance with requirements on restricting access to information.
On March 21, 2025, the Bank of Russia decided to keep the key rate at 21% per annum.
The operator of the mining infrastructure is obliged to report quarterly to the tax authority information related to the implementation of digital currency mining by the person to whom this operator provides services for the provision of mining infrastructure.
Amendments were made to the Law on Countermeasures to Combat Legalization (Laundering) of Illegally Obtained Proceeds and Financing of Terrorism, according to which the requirements of anti-money laundering legislation apply to branches of foreign banks through which foreign banks operate in Russia.
Restrictions on transfers of funds abroad by non-residents from unfriendly countries from brokers or trust managers' accounts have been extended for another six months.
Alfa-Bank and MSP Bank have become participants in the financial assistance mechanism for the implementation of joint cooperation projects by EAEU countries in industrial sectors.
Banks must ensure the protection of information not only during money transfers, but also during other transactions within the framework of their activities. It was decided to update the requirements. They also apply to foreign banks that operate in Russia through their branches.
Authorised banks as currency control agents are obliged to exercise control over currency transactions carried out by clients for the legality of their execution and to refuse to carry out illegal currency transactions.
March 20, 2025 is the deadline for companies to submit notifications of controlled foreign companies for 2024. A notification of a CFC must be sent regardless of the financial result of such foreign company.
On March 18, 2025, the State Duma adopted a law on ratification of the Protocol on Amendments to the Treaty on the Establishment of the Eurasian Fund for Stabilization and Development.
The Bank of Russia communicates the following: restrictions on foreign currency cash withdrawals to remain in force until September 9, 2025.
The ban on charging citizens a commission when issuing foreign currency from accounts or deposits has been extended for banks for another six months, until September 9, 2025.
It is planned to allow a limited group of Russian investors to buy and sell cryptocurrencies. For this purpose, a special experimental legal regime will be established for three years.
The European Union plans to ban import of food grown using banned pesticides.
The Government has approved a new list of alcohol-containing drugs (192 names for human use and 18 names for veterinary medicine), the production, manufacturing and (or) circulation of which is not covered by the Law on state regulation of the production and circulation of alcohol.
The RF President has restricted the ability of persons from unfriendly countries to make transactions with shares of Russian LLCs.
Some changes are of technical nature and aimed at bringing the laws on JSCs and LLCs into line with Chapter 9.1 "Decisions of Meetings" of the Civil Code of the Russian Federation, including in terms of the terminology used.
On March 1, 2025, amendments to Article 28 of the Law on Advertising came into force, adjusting the requirements for contents of advertising of services related to provision of a consumer loan (credit).
It is decided to conduct experiments on labelling the following goods with identification means:
From March 1, 2026, it will be prohibited to use e-learning and distance learning technologies in the implementation of professional educational programs in medical and pharmaceutical education - except for cases determined by the Federal State Educational Standard or standard additional professional programs in the field of health protection and the implementation of pharmaceutical activities.
It is planned to establish new values for the value of assets of financial organisations supervised by the Bank of Russia, above which the preliminary consent of the antimonopoly authority is required for certain transactions and other actions of such organisations.
Notification of a controlled foreign company must be sent regardless of the financial performance of such foreign company.
If federal laws or other regulatory legal acts do not establish requirements for the qualifications of information security employees in the credit and financial sphere, the professional standard "Information Security Specialist in the Credit and Financial Sphere" is advisory in nature and can be used to determine the requirements for the qualifications of employees.
Credit institutions have the right to independently determine the requirements for the level of education of information security employees, provided that there are no corresponding requirements for qualifications in the legislation.
The Bank of Russia plans to issue recommendations on the use of the said professional standard in corporate HR policy.
It was decided to conduct experiments on marking the following with identification means:
From September 1, 2025, it is planned to put into effect new rules for the installation, operation and modernization of technical means to counter threats to the stability, security and integrity of the functioning of the Internet and public communications network in Russia. The procedures are performed by the radio-frequency service. In general, the rules will not change.
On February 14, 2025, the Bank of Russia decided to keep the key rate at 21% per annum.
The Bank of Russia has clarified the procedure for applying temporary restrictive measures when making transactions with shares (shares in the authorised capital) of economically significant organisations.
Entities providing accounting or legal services, audit organisations and individual auditors, lawyers and notaries (and other persons) must notify Rosfinmonitoring of suspicious transactions of persons engaged in digital currency mining and mining pool organisers in order to counteract the legalisation (laundering) of proceeds from crime and the financing of terrorism.
The deadlines for providing notifications to the Bank of Russia about appointment to a position, as well as about dismissal from a position (about temporary performance of duties and termination thereof) of some officials holding positions in a financial company have been adjusted. They are synchronised with the provisions of relevant federal laws.
The Central Bank has defined a list of information that non-state pension funds, joint stock investment funds and management companies of mutual funds, non-state pension funds or mutual funds have the right not to disclose until December 31, 2025.
The corresponding amendments were made recently to Decision of the RF Government No. 1625 of September 16, 2022, which defines cases when access to information (data) contained in the State Register of Legal Entities and the Unified State Register of Legal Entities may be restricted.
Rules have been developed for the Bank of Russia to send mandatory orders in connection with the non-compliance of shareholders (participants) of the administrator of financial and commodity indicators with the requirements established by law, as well as in the event of non-compliance with the qualification requirements or requirements for the business reputation of the management body of the administrator and its officials.
Recommendations have been issued for protecting application software of 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, testing laboratories and organisations that independently conduct conformity assessments, engaged in software certification for compliance with information security requirements, including requirements for vulnerability analysis and control over the absence of undeclared capabilities.
From July 1, 2024, the obligation has been established for resident legal entities that are part of the same international group of companies with non-residents to submit Reports and Notifications to the tax authorities on foreign accounts of such non-resident legal entities at the place of their registration.
The Decree on the temporary procedure for fulfilling obligations to certain foreign creditors has been adjusted.
From July 1, 2024, Russian companies included in the same international group of companies (IGC) with non-residents must notify tax authorities of non-residents' accounts in foreign banks and file reports on the flow of funds. These requirements do not apply if they are fulfilled by the parent company of the IGC or a participant in the IGC, and also if more than 50% of the group's assets are located abroad, the resident does not participate in the capital or does not control non-residents in any other way, and non-residents do not participate in the capital of the resident or do not control its activities in any other way.
A program for creating shareholder value of public joint stock companies has been adopted. Its main characteristics are given. The short-term goal is to support the best market practices of issuers by preserving the values of corporate culture, the long-term goal is to increase the investment attractiveness of issuers to increase their shareholder value.
The EAEU member states must independently establish the date of introduction and the procedure for labelling certain types of canned products on their territory, notifying the EEC of such date no later than 6 months before it occurs.
A new function has appeared in the taxpayer's personal accounts. Using the online service, you can send information about receiving digital currency to the tax authority. Taxpayers who are engaged in digital currency mining must report to the authorised body on the mined currency no later than the 20th day of the month following the month in which the digital currency was received.
The priority task is to develop long-term savings and investment instruments for citizens.
The Bank of Russia has updated the procedure for conducting control measures in relation to supervised organisations. It applies to branches of foreign banks. The responsibilities of companies to be fulfilled following the results of the audit have been clarified.
The issues of conducting cash transactions with foreign currency in authorised banks in Russia have been re-regulated. The actions of cashiers, requirements for accepting and issuing currency, for working with questionable banknotes, etc., have been clarified.
Insurance of damage caused to life, health or property of other persons within the framework of the experimental legal regime in the area of digital innovations became mandatory from January 5, 2025. If, during the implementation of the regime, as a result of the use of solutions developed using artificial intelligence technologies, harm is caused to the life, health or property of a person or the property of a legal entity, then the regulatory body must create a commission to establish the circumstances under which such harm was caused.
In Russia, registers of persons mining digital currency and operators of mining infrastructure have been created. A notification of the entry of information into them serves as confirmation. No other documents should be attached to it.
A foreign organisation receiving income from sources in Russia is recognised as a payer of income tax; the tax is calculated and withheld by the tax agent. Such income includes income from the use of rights to intellectual property in Russia.
The technological policy has been regulated to achieve technological sovereignty, create conditions for accelerated development and implementation of technological innovations to solve socio-economic problems, as well as ensure the competitiveness of domestic high-tech products and the efficiency of their production through the development and implementation of technological innovations.
If transactions entailing the establishment, change or termination of rights of ownership, use and (or) disposal of shares in the authorised capital of limited liability companies (except for credit and non-credit financial institutions) are concluded between a resident who is not under the control of a person of an unfriendly state and a person not from such a country, then it is not necessary to obtain a permit from the Subcommittee of the Government Commission for Control over Foreign Investments.
A new option is provided for the registering of a drug at the initiative of the authorised agency of a EAEU member state.
From January 1, 2025, new rules for accounting for open trades in foreign exchange exposure (net foreign currency exchange position) are established for credit institutions being a central depository and also for non-bank credit institutions that are central counterparties.
In the event that Russia, Russian legal entities or individuals are deprived of the right to own property in unfriendly countries, property rights, restrictions on such rights, or threats of such deprivation (restriction), temporary management to be introduced with respect to the assets of persons and entities from unfriendly countries.
The composition of information is defined that may not be disclosed in 2025 by the following entities:
Entities and entrepreneurs will no longer need to annually confirm their types of economic activity. They will have to notify the Federal State Statistics Service about changes in the main type of activity, as well as about changes in the share of more than 20% of at least one type of activity. The Federal State Statistics Service will send this information to the Federal Tax Service. The Unified State Register of Legal Entities and the Unified State Register of Individual Entrepreneurs will become the only sources of data on types of economic activity. They will contain information on the shares of activities.
Amendments have been made to the Law on the Protection of Consumer Rights, establishing the obligation of the seller (owner of the aggregator) to inform the buyer of a link to the entry in the register of issued certificates of conformity and registered declarations. This link will be placed on the product card. If the products being sold are not subject to mandatory confirmation of conformity, the owner of the aggregator must provide the seller with the technical ability to provide this information in the product description, and the consumer must be able to read it. The specified requirements do not apply to used goods and cases where the purchase and sale agreement is concluded in a retail facility where consumers are provided with the opportunity to familiarize themselves with information on mandatory confirmation of conformity of goods.
Amendments have been made to the Law on the Protection of Citizens' Health from the Effects of Second-Hand Tobacco Smoke, the Consequences of Consuming Tobacco or Nicotine-Containing Products, according to which tobacco-free heating mixtures should be classified as a nicotine-containing product. The concept of such mixture has been introduced.
The decree on the special procedure for fulfilling obligations to Russian gas suppliers by foreign buyers has been adjusted. It is established that until April 1, 2025, the payment obligation is considered duly fulfilled if funds in roubles are credited to a rouble account opened by a Russian supplier with a Russian credit institution.
The Bank of Russia plans to extend a number of concessions for financial companies until 2025. Thus, professional participants in the securities market, NPFs, management companies and infrastructure organisations operating in the financial market will have the right not to disclose a number of data specified in individual decisions of the Central Bank of the Russian Federation. This, for example, information about debtors, creditors, risks and transactions, the disclosure of which will lead or may lead to the imposition of sanctions.
The procedure for maintaining a register of results of intellectual activity created, including using artificial intelligence technologies, in the implementation of the experimental legal regime in the field of digital innovations has been determined. The register should be maintained by an entity of the experimental legal regime in electronic form. A recommended sample is provided. Removal of information from the register is not allowed.
A foreign company collected compensation from a businessman for offering counterfeit goods using the plaintiff's trademarks. The defendant's arguments on the exhaustion of exclusive rights due to the expiration of their validity period were rejected. According to an extract from the international register of WIPO trademarks, the term of their legal protection, including in Russia, has been extended until 2031.
From now, data on the notarial cancellation of a machine-readable powers of attorney are automatically transferred to the Digital Distributed Register Platform (DDRP) of the Federal Tax Service after registration in the register of notarial acts. As before, any power of attorney, including a machine-readable one, can be cancelled by contacting a notary office.
On December 20, 2024, the Bank of Russia decided to keep the key rate at 21% per annum.
The rules for the issuing of permits of the Government Commission for Control over Foreign Investments have been adjusted.
Starting from the report for the first quarter of 2025, a new form, format and procedure for filling out the VAT declaration will be introduced, as well as formats for information from the purchase and sales books (additional sheets to them), information on issued and received invoices from invoice registers.
New lists of states (territories) have been approved:
According to the amendments, non-profit organisations (except for political parties) must post their charter within 30 days from the date of their state registration. The text of the charter shall be uploaded through the personal account of the non-profit organisation on the department's website. Similarly, it will be necessary to post a new wording of the charter if amendments are made to it.
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