Changes in the currency legislation affecting foreign trade activity

Abstract

In the article, the author reviews Direction of the Bank of Russia No. 3016-U of June 14, 2013 “On introduction of the amendments to Instruction of the Bank of Russia No.138-I of June 4, 2012 “On the procedure for submission by residents and non-residents of documents and information related to conducting currency transactions to the authorized banks, on the procedure for formalization of transaction passports, and on the procedure for the recording by the authorized banks of currency transactions and control for carrying them out” effective from October 1, 2013. The author focuses on the amendments affecting the procedure for the drawing up of currency transaction certificates. Detailed consideration is given to the changes of names of certain types of currency operations with codes used by foreign trade parties when filling out certificates.