Guidance on Clarification of Certain Provisions of the Decree “On the Temporary Procedure Fulfillment of Obligations to Certain Foreign Creditors”

Law Financial services Russian Banking

Date: 22nd Nov, 2023 Source: Bank of Russia Country: Russia Original Source

Brief

Provides clarification on the temporary procedures established by the decree for fulfilling financial obligations to certain foreign creditors and addresses issues such as payment restrictions, exemptions, and compliance requirements for Russian entities and individuals in the context of international sanctions and economic measures.

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Guidance on Clarification of Certain Provisions of the Decree “On the Temporary Procedure Fulfillment of Obligations to Certain Foreign Creditors”

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Guidance on Clarification of Certain Provisions of the Decree “On the Temporary Procedure Fulfillment of Obligations to Certain Foreign Creditors”

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