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29.04.2026
DEVELOPMENT AND PRODUCTION OF CONFIDENTIAL INFORMATION PROTECTION TOOLS: LICENSING PROCEDURES TO BE CLARIFIED

Authorities are preparing to refine the rules for obtaining licences related to the development and production of confidential information protection tools. Key updates include stricter eligibility criteria: legal entities managed by foreign nationals, as well as individual businessmen with foreign citizenship, will be prohibited from engaging in this activity.

28.04.2026
A PACKAGE OF LAWS ON THE CREATION OF A SUPPLY CONTROL SYSTEM HAS BEEN SIGNED

The provisions of the law on the National System for Confirmation of Pending Delivery of Goods apply to goods imported into Russia from the EAEU countries by road transport. The decision on their application to goods transported by other modes of transport may be taken by the Government of the Russian Federation.

The National System for Confirmation of Pending Delivery of Goods is being created to increase control over the import of goods from EAEU countries to ensure the legality of their circulation in Russia and to combat VAT and excise tax evasion. Its implementation will take place in stages. Testing has already begun (participation is voluntary).
27.04.2026
THE PROCEDURE FOR IT COMPANIES TO CONCLUDE AND IMPLEMENT EDUCATIONAL AGREEMENTS HAS BEEN APPROVED

Large accredited IT companies are required to ensure that they have at least one agreement with a higher education institution to assist in the implementation of educational programs for training IT specialists in order to undergo the scheduled accreditation confirmation procedure.

Additionally, an IT company may also enter into an agreement with a state (municipal) professional educational organisation and (or) an agreement with the executive body of a constituent entity of the Russian Federation that exercises state administration in the area of education.
24.04.2026
AMENDMENTS TO THE CODE OF ADMINISTRATIVE OFFENCES: LIABILITY FOR ILLEGAL MINING

On April 14, 2026, the State Duma adopted in the first reading a draft law introducing administrative liability for violations of the requirements applicable to individuals engaged in digital currency mining (including participants in mining pools) and/or operators of mining infrastructure.

For example, penalties will be imposed for conducting digital currency mining (including participation in mining pools) and/or exceeding energy consumption limits without being included in a special registry. Individuals will face fines ranging from 100,000 to 150,000 roubles. Moreover, the equipment used for mining to be confiscated.
23.04.2026
MINISTRY OF FINANCE: NEW ACCOUNTING STANDARD ‘EXPENSES’ TO BE INTRODUCED

Ministry of Finance has developed FSBU 10/2026 ‘Expenses’, which will be applied starting from the 2027 financial reporting instead of the current PBU 10/99 ‘Organisation's Expenses’.

The standard will provide for requirements for recording expense data of economic entities (except for non-profit organisations) in accounting.
Non-profit organisations, except for those in the budgetary sector, will be required to record information on expenses from entrepreneurial and other activities in their accounting taking into account the provisions of the standard.
22.04.2026
PROCEDURE FOR BRINGING TO CRIMINAL LIABILITY FOR UNLAWFUL INFLUENCE ON CRITICAL INFORMATION INFRASTRUCTURE HAS BEEN CLARIFIED

Amendments to the Criminal Code regarding criminal liability for unlawful interference with critical information infrastructure of the Russian Federation have been adopted.

Criminal liability for unauthorised access or violation of operating rules is imposed if the act resulted in the destruction, blocking, modification, or copying of computer information contained in the critical information infrastructure of the Russian Federation.
A person who has violated the rules for the operation of means of storing, processing or transmitting information will be exempt from criminal liability if he/she actively contributed to the disclosure and (or) investigation of the crime, including taking the necessary measures to preserve traces of unlawful influence, unless the actions include another element of a crime.
21.04.2026
CHANGES TO THE LICENSING PROCEDURE FOR ACTIVITIES RELATED TO THE TECHNICAL PROTECTION OF SENSITIVE INFORMATION

Amendments are being developed to clarify restrictions on conducting activities related to the technical protection of sensitive information. Specifically, legal entities managed by individuals with foreign citizenship, as well as individual entrepreneurs with foreign citizenship, will be prohibited from engaging in such activities.

Additionally, the licensing requirements for this type of activity and the list of documents required to obtain a licence will be updated.
20.04.2026
LAW BANNING PROBATIONARY EMPLOYMENT PROCEDURES FOR WOMEN WITH CHILDREN UNDER 3 YEARS OF AGE HAS BEEN SIGNED

From September 1, 2026, it will not be allowed to set a probationary period for women with children under three years of age when applying for a job. Currently, this ban only applies to women with children under one and a half years old.

Formally, the amendment expands the current guarantee. In essence, it eliminates the inconsistency between Articles 70 and 261 of the Labour Code of the Russian Federation. Until now, the probationary period was only prohibited for women with children under one and a half years old, while the ban on dismissal at the employer's initiative already extended to women with children under three years old. Because of this, a probationary period for women with children from one and a half to three years old could formally be included in an employment contract, although its practical significance remained questionable.
17.04.2026
IFRS 18: NEW REQUIREMENTS FOR PRESENTATION AND DISCLOSURE IN FINANCIAL STATEMENTS

IFRS 18 establishes requirements for the presentation and disclosure of information in general purpose financial statements to ensure that such statements provide relevant information that faithfully represents an entity’s assets, liabilities, equity, income and expenses.

Companies should apply the standard for annual reporting periods starting from, or after January 1, 2027. Early application is permitted.
16.04.2026
SPOT SYSTEM LAUNCH POSTPONED UNTIL JULY 1, 2026

The launch of the National Goods Supply Confirmation System (SPOT) in pilot mode has been postponed. The system, which will initially apply to goods imported by road from EAEU member states, will now commence on July 1, 2026, instead of the previously scheduled date, that is April 1, 2026.

Accordingly, the timeline for full-scale commercial implementation of the system has also been revised, with the launch now scheduled for October 1, 2026.
By way of reminder, SPOT is being developed to enhance control over the import of goods from EAEU countries, ensure the legality of their circulation within Russia, and combat tax evasion, including the avoidance of VAT and excise duties.
15.04.2026
RUSSIA–SAUDI ARABIA: VISA-FREE TRAVEL REGIME TO ENTER INTO FORCE

A bilateral intergovernmental agreement between Russia and Saudi Arabia on the mutual abolition of visa requirements will enter into force on May 11, 2026.

Under the agreement, Russian nationals will be permitted to enter and stay in Saudi Arabia without a visa for up to 90 days in total within a calendar year, whether continuously or cumulatively. This visa-free regime applies provided that visitors do not engage in employment, education, or residence in the Kingdom.
A visa will still be necessary for entry for the purposes of employment, study, or residence, as well as for the purpose of Hajj or Umrah during the Hajj season.
Reciprocal rights will be granted to Saudi nationals visiting the Russian Federation.
14.04.2026
INDIVIDUALS MUST NOTIFY ABOUT CFCS FOR THE PREVIOUS YEAR NO LATER THAN APRIL 30, 2026
April 30, 2026, is the deadline for individuals to submit notifications regarding controlled foreign companies (CFCs) for the year 2025. The CFC notification must be filed regardless of the financial result of such foreign company.
If there are grounds for exemption from taxation on the profits of the CFC, supporting documents confirming compliance with the relevant conditions should also be submitted by April 30, 2026.
Exception: this requirement does not apply to CFCs established under the legislation of an Eurasian Economic Union (EAEU) member state and having a permanent location within that state.
13.04.2026
NEW DEVELOPMENTS IN INTERACTIONS BETWEEN IT COMPANIES AND COLLEGES AND UNIVERSITIES

Upon confirmation of accreditation, large IT companies receiving benefits must enter into agreements with colleges and universities to facilitate the training of IT specialists. Rules for concluding, implementing, and evaluating the results of such agreements have been established. 

This includes assistance in the implementation of educational programs and extracurricular activities.
10.04.2026
FOREIGN GAS BUYERS HAVE BEEN GIVEN AN EXTENDED PERIOD OF PAYMENT THROUGH ANY RUSSIAN BANK

Until July 1, 2026, foreign buyers of Russian gas can pay for its supplies in roubles not only through Gazprombank, which is authorised for these operations, but also through other Russian banks in which the supplier has opened a corresponding account.

09.04.2026
THE MINISTRY OF FINANCE EXPLAINS: THE RULES FOR TRANSFERRING FUNDS BETWEEN CITIZENS REMAIN UNCHANGED

The Ministry of Finance reports that updated rules for money transfers will come into force on April 1. 

The amendments do not contain any conceptual innovations and do not affect transactions involving the transfer of funds between individuals. They establish rules for filling in details for transfers to the Russian Federation budget system (taxes, fees, fines) and payments to treasury accounts.
08.04.2026
A NUMBER OF NEW IFRS STANDARDS ARE BEING INTRODUCED IN RUSSIA

The following IFRS documents are being put into effect in Russia: 

- IFRS 18 "Presentation and Disclosure in Financial Statements"; 
- IFRS 19 "Subsidiaries without Public Accountability: Disclosures".
From the date of entry into force of IFRS 18 for mandatory application by organisations in Russia, IAS 1 "Presentation of Financial Statements" ceases to be effective.
The name of IAS 8 has been clarified.
07.04.2026
IFRS 9, IFRS 7 AND IFRS 19 HAVE BEEN AMENDED IN RELATION TO THE CLASSIFICATION AND MEASUREMENT OF FINANCIAL INSTRUMENTS

Amendments to IFRS 9 “Financial Instruments” address the recognition and derecognition of financial assets or financial liabilities, and the classification of financial assets. 

Amendments to IFRS 7 “Financial Instruments: Disclosures” and IFRS 19 “Subsidiaries without Public Accountability: Disclosures” address additional disclosures for financial assets measured at amortized cost or at fair value through other comprehensive income, and for classes of financial liabilities measured at amortized cost.
06.04.2026
THE FEDERAL SERVICE FOR SURVEILLANCE IN HEALTHCARE REMINDED DRUG MANUFACTURERS AND IMPORTERS OF THEIR OBLIGATION TO SUBMIT DRUG TEST REPORTS

The Federal Service for Surveillance in Healthcare reports that annually, no later than April 1, manufacturers or importers of drugs must submit to the agency a test report for a drug that entered into civil circulation during the previous calendar year in accordance with the registration certificate (for one batch of a trade name, taking into account the dosage form of one dosage). 

Tests must be carried out by accredited laboratories (centres)).
03.04.2026
THE KEY RATE HAS BEEN REDUCED TO 15% PER ANNUM

On March 20, 2026, the Bank of Russia decided to lower the key rate by 50 bps to 15% per annum. 

The Central Bank of the Russian Federation will assess the advisability of further reduction of the key rate depending on the sustainability of the slowdown in inflation, the dynamics of inflation expectations, as well as the assessment of risks from external and internal conditions. According to the Bank of Russia's forecast, given the current monetary policy, annual inflation will fall to 4.5-5.5% in 2026.
02.04.2026
BANK OF RUSSIA EXTENDS RESTRICTIONS ON CROSS-BORDER TRANSFERS BY NON-RESIDENTS FROM ‘HOSTILE’ COUNTRIES

The Bank of Russia has extended restrictions on outbound transfers of funds by non-residents from hostile countries from accounts held with Russian brokers and trust managers.

The restrictions apply to transfers from accounts of both individuals and legal entities maintained with Russian brokers and trust managers. 
These measures were initially introduced on April 1, 2022.
In accordance with a Presidential Decree, the restrictions do not apply to the repatriation of funds abroad by foreign investors (or persons acting on their behalf) investing in the Russian financial market, where such funds are held on special ‘Type In’ accounts with Russian brokers and trust managers.
01.04.2026
BANKS ARE RECOMMENDED TO PROACTIVELY INFORM CLIENTS OF RESTRICTIONS AND REMEDIAL STEPS

The Bank of Russia recommends that banks proactively contact clients - without waiting for inquiries - after suspending transactions or remote banking services under cybersecurity and anti-money laundering legislation.

Banks are advised to inform clients not only of the imposed restrictions, but also of grounds for such measures. They should maintain the ability for clients to contact the bank via remote channels even in the event access to online banking has already been suspended. In addition, banks should provide step-by-step guidance on how to resolve the situation. If a bank refuses to lift restrictions, it should explain the procedure for appealing such decision.
Clients should also be informed of how to apply for removal from the database of fraudulent transactions.
31.03.2026
MARKETPLACES WILL BE HELD LIABLE FOR SELLING LOW-QUALITY GOODS FROM ABROAD

The Russian Government has supplemented the action plan for the implementation of the Strategy of State Policy of Russia in the Area of Consumer Rights Protection for the Period up to 2030. Among other things, a dispute resolution mechanism will be created that provides for subsidiary liability of the marketplace operator in the event that a consumer purchases a product of inadequate quality from a foreign seller.

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