Monitoring of the Federal Legislation dated 6.05.2022

Decree of the President of the Russian Federation No. 255 of May 4, 2022 - The list of citizens of Ukraine, the Donetsk People's Republic or Lugansk People's Republic who can obtain Russian citizenship in a simplified manner has been expanded.

Decree of the President of the Russian Federation No. 254 of May 4, 2022 on the temporary procedure for the fulfilment of financial obligations in the area of corporate relations to certain foreign creditors - Russian limited liability companies will pay profits to foreigners in roubles.

Federal Law No. 135-FZ of May 1, 2022 on amending the Federal Law on Protection of Consumers' Rights - Consumers will be protected from unreasonable collection of personal data.

Federal Law No. 132-FZ of May 1, 2022 on amending the Federal Law on Currency Regulation and Currency Control - The list of currency transactions between residents and authorised banks which can be performed without restrictions, has been supplemented.

Federal Law No. 130-FZ of May 1, 2022 on amending the Federal Law on Industrial Policy in the Russian Federation - The President of the Russian Federation signed amendments on the management of the State Industry Information System and support for industrialists.

Federal Law No. 120-FZ of May 1, 2022 on amending the Tax Code of the Russian Federation - From August 1, taxpayers can send their consent to the disclosure of tax secrets to the inspection.

Clarification of the Bank of Russia No. 5-OR of April 29, 2022 on the application of certain provisions of Decree of the President of the Russian Federation No. 95 of March 5, 2022 on a Temporary Procedure for Fulfilling Obligations Owing Certain Foreign Creditors and Decree of the President of the Russian Federation No. 172-FZ of March 31, 2022 on the Special Procedure for Fulfilment by Foreign Buyers of the Obligations to Russian Natural Gas Suppliers - Fulfilment of obligations to certain foreign creditors and Russian natural gas suppliers.