According to the Act, it has come into force from the date of its official publication, i.e. from 4 June 2018.
At the same time, no further actions with the Bill on introduction of criminal liability for the sanctions compliance were taken.
For a summary of the contents of the Act, please see our prior alert on the Sanctions Counter-Measures Bill.
Should you need any guidance or personal advice on how to comply with the Act, do not hesitate to contact us.
Overview of the Act you can find below:
Footnote
1. See Federal Act No.127-FZ dated 4 June 2018 «On measures of influence (counteraction) against hostile acts of the United States of America and other foreign states". The text of the Act and its status may be found at: http://sozd.parliament.gov.ru/bill/441399-7
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