Search

Russia may introduce a ban on withdrawing money abroad

The Ministry of Justice has developed a draft law providing for amendments to the Federal Law ‘On Enforcement Proceedings’. If the draft law is adopted, the country will introduce a ban on withdrawal of funds under an executive document in favor of foreign credit institutions. Thus, the state plans to resist the withdrawal of Russian money under the guise of debts to foreign partners. The legal development has already been supported ...

PROCEDURE FOR MOVING OUT THE ASSETS THROUGH RELATIVES WILL BECOME MORE COMPLICATED

... Often this situation is observed in the work of state and municipal employees who register assets for other persons. Earlier, a bill has already been submitted to the Parliament, which, as the Government of the Russian Federation hopes, will allow the withdrawal of funds from bank accounts of employees, if they turn out to be amounts that exceed the official three-year income of an official.

Sorted by relevance | Sort by date