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Bank of Russia updates recommendations for entrepreneurs affected by restrictions on bank account transactions

23 October 2025
News

The materials will help entrepreneurs understand the reasons for such restrictions, thereby enabling them to solve problems faster and avoid them in the future.

The updated recommendations take into account recent legislative changes. For example, the section on anti-money laundering (AML) legislation (No. 115-FZ) has been supplemented with information on how to appeal the high risk level assigned solely by the Bank of Russia’s Know Your Customer platform. In addition, the recommendations outline steps that businesses can take if they are subject to restrictions in accordance with cybersecurity (No. 161-FZ), tax, or customs laws.

The materials provide step-by-step instructions on what to do in various scenarios and include template applications to the Interagency Commission under the Bank of Russia, which considers AML appeals.

The recommendations were developed with the participation of the Federal Financial Monitoring Service (Rosfinmonitoring), the Federal Customs Service, business associations, and the banking community.

Preview photo: Gorodenkoff / Shutterstock / Fotodom