Foreign Exchange Regulation and Currency Control

Foreign exchange regulation and currency control in Russia are governed by Federal Law No. 173-FZ dated December 10, 2003. Even a minor deviation from the established rules may be considered a currency violation. Business owners engaged in foreign economic activity often face challenges related to compliance.

If you need legal assistance with foreign exchange regulation and currency control, contact DTK Partners. We offer reliable legal support and protection.

What Are Foreign Exchange Regulation and Currency Control?

Currency refers to money issued either by the Russian Federation or by foreign states. Currency control is a system of measures aimed at ensuring compliance with laws on foreign exchange operations and international payments.

The most common currency operations include:

  • transactions in rubles and foreign currency between residents and non-residents;

  • transfers between Russian and foreign bank accounts;

  • cross-border currency import and export operations;

  • transfers to Russian accounts from foreign companies.

Common Currency Violations

According to Article 15.25 of the Code of Administrative Offenses of the Russian Federation, currency violations are subject to administrative penalties. The main types of violations include:

  • failure to return advance payments under foreign trade contracts;

  • conducting illegal currency operations;

  • transfers involving undeclared foreign bank accounts.

Legal Services for Foreign Exchange Regulation and Currency Control

Lawyers at DTK Partners provide legal assistance in the following areas:

  • legal advice on opening foreign currency accounts and conducting currency operations;

  • legal support for transactions related to foreign economic activity;

  • assistance with preparing and submitting documents for currency operations;

  • legal defense in cases involving currency violations;

  • preparation of reports on foreign bank account transactions;

  • drafting individual foreign trade agreements;

  • advice on legal settlements with international partners;

  • court representation in currency-related disputes.

How a Currency Control Lawyer Works at DTK Partners

A currency control lawyer provides full-scale legal support. At DTK Partners, we begin by analyzing the client’s case, identifying compliance risks, and detecting any currency violations. Based on this analysis, we develop a customized legal strategy.

We assist with the correct documentation of currency operations, support clients in disputes with regulatory bodies, and offer full court representation. Our lawyers also provide practical advice on using foreign bank accounts, structuring foreign economic activity, and avoiding illegal currency operations.

Get Legal Assistance from DTK Partners

If you need a currency regulation lawyer in Moscow, the legal experts at DTK Partners are ready to help. We assist with foreign economic activity, protect clients from sanctions due to currency violations, and support operations involving foreign bank accounts.

📞 Contact us today to receive a consultation and legal protection in matters of foreign exchange regulation and currency control.