Global Trade Alert
Global Trade Alert

Russian Federation: Less stringent branch regulation of foreign banks

Announcement

17 May 2012

In May 2012, the government of the Russian Federation announced a change in import formalities.

Source

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

02 Jun 2012

Revocation date:

No revocation date

Updated: 17 May 2012
FDI: Treatment and operations, nes In force

On 17 May 2012, the Central Bank of the Russian Federation issued Decree No.2818-. It concerns the rights of subsidiaries of foreign banks operating in Russia when they wish to open local b...

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