Posts Tagged ‘the currency of Russia’
The bodies and agents of foreign exchange controls
November 14th, 2009
Foreign exchange control - state activities aimed at ensuring the currency legislation in the implementation of currency transactions.
Currency control in Russia is carried out by the RF Government, bodies of exchange controls and currency control agents.
Legislator calls the two monetary authority: Central Bank of Russia and Government of Russia.
Currency control agents are authorized banks accountable to the Central Bank of Russia, as well as subordinate to the State Customs Committee of RF customs authorities.
Control over fulfillment of currency transactions by credit institutions and currency exchanges by the Central Bank of Russia.
The Government of Russia provides a distinction between the functions and interaction of federal executive authorities in the field of foreign exchange controls, as well as their interaction with the
Tags: foreign exchange transactions, of foreign exchange, the currency of Russia