Global Trade Alert
Global Trade Alert

Russian Federation: Extended list of allowed currency transactions with the use of the foreign bank accounts of Russian residents

Announcement

02 Aug 2014

In August 2014, the government of the Russian Federation announced a rule change for personal cross-border financial flows.

Source

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Number of interventions

1

0 certainly harmful

1 likely harmful

0 liberalising

List of interventions

Implementation date

02 Aug 2014

Revocation date:

No revocation date

Updated: 02 Aug 2014
Control on personal transactions In force
On 2 August 2014, entered into force Federal Law No. 218-FZ, 'On amendments to certain legislative acts of the Russian Federation' of 21 July 2014. The law introduces liberalising amendments in the ...
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