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Data of debtors and collectors to be added to special register - Russian law

15:50 13/11/2019

MOSCOW, November 13 (RAPSI) – Russia’s President Vladimir Putin has signed a law on information relating to debtors and collectors. The document is published on the official website of legal information.

The law establishes that facts pertaining to the activities of persons employed by creditors to recover debts (collectors) are to be listed in the Unified Federal Register of Data on Certain Facts of Activity of Legal Entities.

The document also contains a detailed list of facts pertaining to the liquidation of legal entities to be included into the Register.

Certain provisions of the law establish the grounds, basing on which registering authorities initiate decisions concerning removal of the information about self-employed entrepreneurs, and the procedures governing such a removal.

In greater details the document defines what information about debtors the operator of the Unified Federal Register of Data on Certain Facts of Activity of Legal Entities is to submit to the bodies carrying out official registration of legal entities and self-employed entrepreneurs.

There is being established the amount of payment for publication of the information on the creditor and the collector employed by such a creditor from the Unified Federal Register of Data on Certain Facts of Activity of Legal Entities on the Internet. The payment, the law reads, is to make half of the amount introduced for the publication of data by the law on the official registration of legal entities and self-employed entrepreneurs.

The State Duma, the lower house of Russia’s Parliament, adopted the respective bill on October 24. This decision was supported by the Federation Council, the upper house of the Parliament, on November 6.

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Data of debtors and collectors to be added to special register - Russian law

15:50 13/11/2019 Russia’s President Vladimir Putin has signed a law on information relating to debtors and collectors. The law establishes that facts pertaining to the activities of persons employed by creditors to recover debts (collectors) are to be listed in the Unified Federal Register of Data on Certain Facts of Activity of Legal Entities.
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