- Russian residents have the right to open accounts abroad not only in the banks, but also in other financial organizations. These include investment companies, pension funds, insurance companies, together with stock and currency exchanges, investment funds.
- The procedure of transferring money in foreign currency is simplified from the accounts of Russian residents toward suppliers – for goods, individuals – for provided services (under certain conditions)
- Russian residents are exempted from the requirement to submit a report on the funds movements of their accounts if this one is opened in an OCDE or FATF country while the total amount of the transfer should not be more than 600,000 roubles a year.
- The repatriation in Russian currency from non-primary export is forbidden. The repatriation in Russian currency from primary export will be cancelled gradually. Can be included on the list of non-primary products the following: meat, cellulose, flour, vegetable oil, clothing, shoes, furniture, etc.
- The settlement procedure for Russian universities and their branches abroad has been simplified.
Source гарант.ру