Happy Knowledge Day!
Following the principle that knowledge is power, we are equipping businesses with information about significant legislative changes that came into force on September 1, 2025.
1. Freight Forwarding Activities
Freight forwarders are now required to inspect cargo for prohibited or restricted substances and materials. If such goods are identified, the freight forwarder must notify law enforcement authorities within one hour of detection.
2. Corporate Relations
Limited Liability Companies (LLCs) may now include provisions in their charters governing the exercise of pre-emptive rights to purchase ownership interests. It is also possible to exclude such rights for one or more participants.
3. Employment of Foreign Workers
Foreign nationals working in Russia under a work patent may now be employed under a single patent in two neighboring regions: Moscow and the Moscow Region, as well as St. Petersburg and the Leningrad Region.
This option is available provided that the relevant regional authorities have entered into a special agreement.
4. Personal Data
Consent to the processing of personal data must now be executed as a separate document.
In addition, new requirements regarding the anonymization of personal data by data controllers have come into effect.
5. Advertising
A ban has entered into force on placing advertisements on information resources belonging to foreign or international organizations whose activities are recognized as undesirable or prohibited in Russia, as well as on websites and platforms that are blocked or restricted within the Russian Federation.
6. Consumer Lending
A mandatory “cooling-off period” has been introduced for consumer loans.
- Loans ranging from RUB 50,000 to RUB 200,000 may only be disbursed four hours after the loan agreement is signed.
- Loans exceeding RUB 200,000 may only be disbursed after a 48-hour waiting period.
7. Cash Withdrawals
Banks are now required to identify indicators suggesting that a cash withdrawal may be made without the customer’s voluntary consent before funds are released from the customer’s account.
If such indicators are detected, the bank must impose a 48-hour restriction on cash withdrawals, up to a maximum amount of RUB 50,000.
We provide detailed analysis of all these legislative changes on our Telegram channel. Subscribe to stay informed and never miss an important update.