Interview on foreign currency repatriation

A new presidential decree on the repatriation of foreign currency has been issued, prohibiting the transfer of dividends from Russian companies to accounts in foreign banks.

In an interview for “Fontanka.ru” Alexander Arbouzov, Partner of the “Duvernoix Legal” law firm, talks about the Decree of the President of the Russian Federation No. 430 dated 05.07.2022 "On the repatriation of foreign currency and the currency of the Russian Federation by residents participating in foreign economic activity.