Global Trade Alert
Global Trade Alert

Russian Federation: Anti-crisis related prohibition on conversion of certain funds into foreign currency

Announcement

20 Mar 2015

In March 2015, the government of the Russian Federation announced a rule change for commercial cross-border financial flows.

Source

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Number of interventions

1

0 certainly harmful

1 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

20 Mar 2015

Revocation date:

No revocation date

Controls on commercial transactions and investment instruments In force

On 20 March 2015 the Government of the Russian Federation approved Decree Nr. 256. It stipulates that in 2015 agreements for granting of subsidies to legal entities, as well as budgetary investments o...

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