Russia lifts Type C deposit restrictions for foreign nationals and firms’ Russian branches

6 August 2026

Russia lifts Type C deposit restrictions for foreign nationals and firms’ Russian branchesOleg Elkov/Shutterstock.com

President Putin signed Decree No. 550/2026, removing certain bank deposits from Russia’s counter-sanctions “Type C” account regime. Type C accounts are part of Russia’s response to sanctions imposed over the war in Ukraine. Decree...

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Maya Lester KC

Maya Lester KC is a senior barrister (King’s Counsel) at Brick Court Chambers with a wide-ranging practice in public law, European law, competition law, international law, human rights & civil liberties. She has a particular expertise in sanctions. She is the…

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