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Amendments to Code of Administrative Offences

July 20, 2020

The President signed the Federal Law On Amendments to Articles 3.5 and 15.25 of the Russian Code of Administrative Offences.

The Federal Law makes comprehensive amendments to Article 15.25 of the Russian Code of Administrative Offences (violation of currency laws of the Russian Federation and acts of currency regulators).

The amendments concern liability for violations related to resident entities’ accounts not only in banks, but also in other financial market institutions outside the Russian Federation.

July 20, 2020