New Russian Central Bank Instructions

On March 26th, 2020 the Russian Central Bank issued an instruction “On cases of crediting of funds to resident accounts/deposits opened at financial market organizations located outside the territory of the Russian Federation and debiting from such accounts/deposits”.

According to the instruction crediting to and debiting from accounts opened at financial market organizations located outside the territory of the Russian Federation shall be made without restrictions.

 

The instruction is published on the website of the Central Bank on April 6th and will officially enter into force on April 17th.

ALTHAUS Private Tax