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30.06.2025
WILL IT BE NECESSARY TO RENEW CONTRACTS ON FULL FINANCIAL LIABILITY UNDER NEW FORMS ON SEPTEMBER 1, 2025?

The Ministry of Labour explained that the entry into force of Order No. 251n does not provide for the need to renew the agreement on full financial liability with employees. But at the same time, officials noted that “the provisions of the contract on full financial liability must not contradict the Labour Code of the Russian Federation” and that “if necessary, additions or amendments on full financial liability can be made to the contract by the employer". The Ministry of Labour did not provide any comments on whether such a need should be considered as a result of minor differences in the standard forms.

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