legislative norms and special financial measures even when there are initiatives like the that the president has the right to introduce to ensure the country’s financial stability under sanctions, including blocking accounts and freezing assets. The head of state can transfer some of these powers to the Bank of Russia. Please tell us how this mechanism is supposed to work in practice?
Let’s start with the fact that this project
does not create anything fundamentally different from the regulation that was determined by the 127th law on counteracting unfriendly measures. And now, in the second article of the current law.
An indication that the president can introduce
Apply other measures. This bill, now a law, specified to address this issue it’s necessary to the application of these measures to the sphere of financial relations. Which of these measures alb directory are currently considered optimal, necessary and sufficient. Naturally, the phrase “other measures” has not gone away, therefore, if the situation itself forces it, then the president, from the point of view of legislation, can apply other measures. This is always a question of the situation.
