Russian regulator urges banks to review foreign currency mortgage terms - reportThe Central Bank has recommended that banks review the terms of foreign currency loans issued before January 1, 2014 to adjust the exchange rate to October 1, 2014 (about 40 rubles to the dollar).09:59 26.01.2015
State Duma Committee supports bill on sale of expensive jewelry with ID checkThe Russian State Duma's Committee on Financial Markets has recommended that a bill under which expensive jewelry could only be sold upon presentation of a passport should be adopted in its first reading.13:27 23.01.2015
Russian Prosecutor General’s Office reports 150% price hikes on some foodsRegional prices for some foods in Russia have recently soared by 150 percent, says Marina Gridneva, Spokesperson for the Russian Prosecutor General’s Office.16:02 21.01.2015
Russian officials to get paid based on their performance - reportThe Russian federal law on public service is to be amended by December 2017 to link salaries of public officials to their performance, Izvestia newspaper reported on Monday.10:33 19.01.2015
Russian lawmakers to consider banning state tenders from offshore companiesThe Russian Government has submitted a bill to the State Duma that would ban state procurement from companies registered in offshore jurisdictions.12:32 13.01.2015
Putin signs personal bankruptcy bill into lawPresident Vladimir Putin on Monday signed a bill on personal bankruptcy, under which an individual can be declared bankrupt upon a creditor’s request if the total amount of debt exceeds 500,000 rubles (about $9,600), into law.15:35 29.12.2014
Russian MP proposes new measures to curb suspicious bank transactionsState Duma lawmaker Oleg Mikheyev has proposed changing guidelines for the banks dealing with transactions that appear to be suspicious.11:34 26.12.2014
Russian upper house passes personal bankruptcy billRussia's upper house of parliament, the Federation Council, on Thursday passed a bill on personal bankruptcy, under which an individual can be declared bankrupt upon a creditor’s request if the total amount of debt exceeds 500,000 rubles (about $9,200).12:57 25.12.2014
Russia’s largest exporters required to sell foreign currency - reportFive major Russian state-owned companies engaged in export operations will be required to sell foreign currency in the next two months, feeding about $1 billion into the market every day.11:15 23.12.2014
Russian government endorses bill banning state contracts with offshore companiesThe Russian government's legislative commission has endorsed a bill to ban the signing of state contracts with offshore companies.10:26 23.12.2014
State Duma passes bill raising deposit insurance to 1.4 mln rublesThe State Duma, the lower house of Russia's parliament, has adopted in the second and third readings a bill raising deposit insurance from 700,000 to 1.4 million rubles (about $23,500).16:04 19.12.2014
Russian lawmakers consider measures halting mortgage rates increaseA bill aimed at halting mortgage rates increase amid rouble crisis could be submitted soon to the lower house of parliament, or the State Duma, according to Oleg Nilov, a lawmaker for the Just Russia party.12:24 19.12.2014
Russia's upper house approves bill raising wages for judgesThe Federation Council has approved a government-proposed bill to raise wages for judges.16:25 17.12.2014
Russian senator calls for inquiry into Central Bank after ruble's collapseSenator Yevgeny Tarlo has proposed to launch an inquiry into the recent measures taken by the Central Bank to halt the ruble’s record decline.11:38 17.12.2014
Sechin denies allegations of Rosneft’s involvement in ruble's collapseRosneft CEO Igor Sechin denies allegations of his company’s involvement in ruble's collapse.17:07 16.12.2014
Switzerland expands sanctions against Donetsk individuals and companiesSwitzerland has updated the list of sanctioned individuals and companies in connection with the crisis in Ukraine, adjusting it to the EU restrictions.13:08 16.12.2014
Russian business ombudsman criticizes key interest rate raise to 17%Business ombudsman Boris Titov slammed the decision of the Central Bank of Russia to raise the key interest rate to 17% to prevent rouble’s collapse.10:38 16.12.2014
Russian exporters could be ordered to sell half of their foreign currency revenuesA Just Russia party has drafted a bill to require Russian export companies to sell half of their foreign currency revenues to the state, deputy head of the party in lower house of parliament Mikhail Yemelyanov told journalists on Friday.13:01 12.12.2014
Offshore businesses may be prohibited from establishing entities in RussiaRoman Khudyakov of the Liberal Democratic Party suggests prohibiting offshore businesses from registering legal entities in Russia, including non-governmental organizations.10:09 12.12.2014
Japan expands sanctions against Russia over Ukrainian turmoilJapanese government has expanded the sanctions against Russia by adding another 26 individuals and 14 entities, allegedly involved in the elections in the self-proclaimed People’s Republics in Eastern Ukraine, to the sanctions list, Interfax reports on Tuesday.12:32 09.12.2014