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The anti corruption bill № 552755-6 was amended with the provision stipulating special aspects of closing accounts in foreign banks by the RF state officials.

DATE: December 9, 2014 | AUTHOR: atlawyers

03.12.2014 the anti corruption bill № 552755-6 was amended after the first reading in the RF State Duma with the provision stipulating special aspects of  closing accounts in foreign banks by the RF state officials. Thus, in case if state officials can’t meet requirements of closing their accounts in foreign banks because of the arrest, the prohibition of disposition of such accounts imposed by the foreign state competent authorities or due to other circumstances beyond the control of state officials, then they should do this within three months from the date of termination of the arrest, the prohibition of disposition or other circumstances. Expected date of reviewing the bill in its second reading is 09.12.2014.

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