Russia – CM C

2025, Cross-border, Update

Country Manual Credits

Russia

Russia CM C
Russia CM C

BRP has updated its Country Manual Credits for

Russia out of Credits Institution’s Country of Establishment (RT, BT & DEF)

SOURCE OF CHANGESANSWERS
  Law/Regulation  No
  New Position of the Authorities  No
  Evolution of Expert’s interpretation  No

Regulatory Template, Behaviour Template and Definitions and Concepts

Material changes

We have reviewed the documents following consultations with our local counsel. We can confirm that there have been no relevant regulatory changes since the last publication of this Country Manual.

Russian countersanctions remain dynamic. The Country Manual has been updated to reflect the status of Currency Regulation and Currency Control (“CCL”) as well as the countersanctions as of end-January 2025.

Non-material changes

Some comments and content have been slightly reworded (without introducing material changes) to reflect the regulatory situation/current interpretation of the regulatory framework more accurately.

For more information, please contact us: info@brpsa.com

Geneva, February 24th, 2025