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Russian Central Bank wants to expand the scope of its right to block web-sites in Russia

A new draft law is developing in order to provide the Russian Central Bank with authority to restrict access to certain web-sites in Russian without court order. The draft law is targeted at web-sites used for financial fraud. For Russian financial regulator it is irrelevant whether web-site is hosted or operated in Russia or overseas. Currently the draft law passes the interdepartmental consideration and the final version should be agreed near future.

First of all under the restriction of access fall web-sites or internet resources if they are similar to confusion with others legal resources, working under brand, and can mislead consumers. The next priority is given to web-sites providing financial services without proper licence and providing access to facilities of financial organisations. The right to require the restriction of access, as presumed, can be given to the chairman of Russian Central Bank Elvira Nabiulina or one of her deputies.