The State Duma adopted a law on the closure of “counter-sanction information”

The law restricts the dissemination in the media and the Internet of data on transactions of Russian individuals and legal entities, which may lead to new sanctions. It will be possible to distribute them only with the permission of the participants in the transactions. adopted a law on the closure of “counter-sanction information” />

Deputies of the State Duma adopted in the third reading an amendment that introduces the term “counter-sanction information” into the legislation. It refers to data on transactions of Russian individuals and legal entities, the public disclosure of information about which may entail the imposition of international sanctions against the parties.

The document restricts the dissemination of such information among an indefinite circle of persons, including through the media and the Internet. It will be possible to do this only with the written consent of the “participant in foreign trade activity who has completed or plans to complete the transaction.” In case of violation, they will be able to demand compensation for losses.

The restriction will not affect state authorities, the chairman of the Central Bank and his deputies.

Under the concept of "counter-sanction information" information not included:

  • constituting state or commercial secrets related to restricted access information;
  • mandatory for placement and use in state, municipal and other information systems;
  • mandatory for distribution in accordance with federal laws.

The bill was registered in the State Duma on June 2. On June 14 it passed the first reading, and on July 5— second.

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One of the authors of the amendments, Chairman of the State Duma Committee on Economic Policy Maxim Topilin (United Russia), explaining the need to limit the dissemination of “counter-sanction information” on the Internet and the media, said that it refers to information that may lead to additional restrictions. According to Topilin, the work that the government is doing (including finding new suppliers and parallel imports) “requires a certain silence.” The initiative will protect the Russian market and legal entities, he is sure.

Since the beginning of the military operation in Ukraine, the United States, Great Britain, the European Union, Canada, Japan and other states have introduced several packages of sanctions against Russia. They affected large banks and companies, including Sberbank, VTB, Alfa-Bank, Gazprom, Rostelecom, Russian Railways, as well as a number of businessmen.

In May, the Ministry of Finance proposed creating a special list which will include legal entities that are already under sanctions or may fall under them. According to the initiative, the Federal Tax Service will be able to restrict access to information from the Unified State Register of Legal Entities (EGRLE) and the state information resource for the accounting (financial) statements of legal entities and individual entrepreneurs from the list.

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