12 November 201909:13
Ural Customs: RUB 6.7bn Worth of Currency Law Violations in January-September
UrBC, Yekaterinburg, November 12, 2019. Ural Customs detected 1,114+ instances of Russian exchange regulations violations (total amount: RUB 6.7bn) in the nine months of 2019; 42% of cases have to do with illegal exchange transactions. ‘In the nine months of 2019, the customs authorities completed 420 checks into how both residents and non-residents comply with the existing currency law of the Russian Federation and exchange control authorities’ normative acts. This resulted in 680 administrative offense suits (with charges based on Article 15.25 of the Russian Federation Administrative