Russian State Duma passes law to suspend hazardous goods sales via digital tracking system
The Russian State Duma has enacted legislation enabling authorities to block the sale of hazardous products through the GIS MT digital monitoring system starting March 2027. The law grants regulators immediate enforcement powers to halt turnover of non-compliant goods, marking a shift toward automated, real-time market surveillance.
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Russia Bolsters Economic Sanctions Evasion and Domestic Financial Control
Russia has enacted a series of legislative measures aimed at strengthening its economic resilience against Western sanctions and increasing domestic financial control. These actions include establishing a framework for cryptocurrency use in cross-border payments, extending deposit insurance to electronic money, and simplifying corporate re-registration in Special Administrative Regions. The practical impact on liquidity, banking sector risk, and the effectiveness of sanctions circumvention remains to be seen.