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The President signed the Federal Law On Introducing Amendments to the Federal Law on Lotteries and the Federal Law on State Regulation of Activities to Organise and Conduct Gambling and on Amending Several Legislative Acts of the Russian Federation.
The Federal law provides for restrictions on the transfer and receipt of payments by Russian legal entities, individual entrepreneurs, foreign citizens and stateless persons that are engaged in business, foreign legal entities, foreign organisations that are not legal entities under foreign law, if they are listed as being involved in organising and conducting gambling and lotteries in violation of the laws of the Russian Federation. The procedure for maintaining the list is established by the Government of the Russian Federation.
The Federal Law determines the grounds and procedure for placing the said entities on the list, as well as the grounds and procedure for removing them from the list.
November 28, 2017