On 14 May 2018, the Russian State Duma was presented with Draft Bill No. 464757-7 “On Amendments to the Criminal Code of the Russian Federation”, which, if passed, will make it a criminal offence for Russians to:
- Fulfil/comply with US and/or other foreign state sanctions against Russia, if such actions restrict/deny Russian citizens and entities the performance of ordinary business operations or transactions (liability for this crime to range from a fine of up to RUB 600,000 to up to 4 years’ imprisonment with a fine of up to RUB 200,000); or
- Aid/abet/contribute to the imposition of US and/or other foreign state sanctions against Russia (includes advising or providing information that leads to the imposition of such sanctions) (liability for this crime to range from a fine of up to RUB 500,000 to up to 3 years’ imprisonment with a fine of up to RUB 200,000).
Yesterday (15 May 2018), the Draft Bill was unanimously approved by the State Duma in its first reading, and is due to have its second reading tomorrow.