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Refusal to perform operations

9 October 2026, 05:45

Refusal to perform operations — refusal to perform operations, and (or) in cases provided for in this chapter, to unilaterally terminate the contract providing for financial services, informing the client of this no later than one working day following the date of the decision (ceased to be in force as of 2019-05-01)¹.

Refusal to perform operations — termination by the financial market organization of operations under a contract providing for financial services, except for operations carried out for purposes provided in paragraphs 2 to 5 of point 2 of Article 855 of the Civil Code of the Russian Federation, as well as operations involving transferring funds to a client's bank account opened with another credit institution or issuing funds to the client (ceased to be in force as of 2019-05-01)².

Refusal to perform operations means the termination by a financial market organization of operations under an agreement providing for the provision of financial services, except for operations carried out in accordance with paragraphs 2 through 5 of point 2 of Article 855 of the Civil Code of the Russian Federation, as well as operations related to transferring funds to a client's bank account opened at another credit institution or disbursing funds to a client³.

Tax Code of the Russian Federation. Part One dated 31.07.1998, amended on 2019-01-01, Article 142-4, paragraph 5, repealed as of 2019-05-01 // RSZ RF. 1998. No. 31. Art. 3824. ↩
Tax Code of the Russian Federation. Part One dated 31.07.1998, amended on 2019-01-01, Article 142-4, paragraph 6, repealed as of 2019-05-01 // RSZ RF. 1998. No. 31. Art. 3824. ↩
The Tax Code of the Russian Federation. Part one dated 31.07.1998, as amended on 2022-01-01, Article 142.4, paragraph 6 // RSZ RF. 1998. No. 31. Art. 3824. ↩

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