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Changes to the rules for presenting cash flow statements

Starting from January 1, 2021, when submitting reports on foreign accounts in banks and other financial market organizations, residents must provide not only information on cash flows, but also information on other financial assets.

The specified changes and new forms of reports are approved by the Resolution of the Russian Federation’s Government No. 2051 dd 09.12.2020.


Information on financial assets on the residents' accounts in foreign financial market organizations is provided by legal entities and individual entrepreneurs starting from the report for the first quarter of 2021, and individuals — from the report for 2021 (until June 1, 2022).

In case of account closure, you have to provide the report within a month.
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