Currency control compliance for Russian residents with foreign bank accounts and assets. Annual account notifications, transaction reports, FATCA/CRS…
Annual foreign account notifications, transaction movement reports and currency control compliance for Russian residents with foreign bank accounts, brokerage accounts and foreign assets.
All Russian currency residents — which includes Russian citizens regardless of where they live, unless they have spent more than 183 days outside Russia in the prior calendar year. Permanent residents (ВНЖ) of Russia are also currency residents. The rule applies to bank accounts, brokerage accounts and accounts with foreign payment systems.
1 June of the year following the reporting year. So by 1 June 2026, you must file movement reports for all foreign accounts for 2025. The report covers all credits and debits, opening and closing balances. Missing the deadline: RUB 300–3,000 per account per year — small but an audit trigger.
Yes — salary from a foreign employer into a foreign bank account in an FATF/OECD member state is a permitted credit since 2022. However, salary from foreign employers into accounts in non-FATF countries may not be permitted. The permitted credit rules are complex and have changed multiple times — we verify the current position before you set up any foreign payroll arrangement.
The brokerage account itself must be notified. The annual movement report must show all credits (purchases proceeds received, dividends, coupons) and debits (securities purchases, withdrawals). Foreign securities income is also subject to Russian PIT reporting — the two compliance streams are separate but linked. We handle both.
Practical support for international business in Russia.