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Russian Duma receives bill on widening the scope of sanctions

Japanese version

21 August 2020

A bill that expands the application of sanctions by the Russian Federation and specifies the procedure for their application has been submitted to the Russian State Duma.

In particular, the bill:

  • clarifies the scope of individuals and entities (i.e. persons) subject to sanctions;
  • specifies the prohibitions on financial transactions by sanctioned persons; and
  • makes the revocation of a financial institution’s licence a sanction if the relevant requirements have been violated.

Below you will find the Japanese version of the update.

English version is available here.

Newsletter
ロシア連邦議会下院は制裁対象のの拡大に関する法案を受理
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Authors

Portrait of Georgy Daneliya
Georgy Daneliya
Counsel
Portrait of Leonid Zubarev
Leonid Zubarev
Senior Partner
Moscow
Alexey Shadrin