Branches of foreign banks
Branches of foreign banks — branches of foreign banks with respect to which the Central Bank of the Russian Federation has adopted a decision on their accreditation on the territory of the Russian Federation, through which foreign banks carry out activities on the territory of the Russian Federation on the basis of a license issued by the Central Bank of the Russian Federation1.
Federal Law No. 173-FZ dated December 10, 2003 "On Foreign Exchange Regulation and Control", as amended on September 1, 2024, Article 1, paragraph 8 // Official Gazette of the Russian Federation. 2003. No. 50. Item 4859. ↩