Fines increased for illegal marketing mailing and non-transparent advertising of consumer loans
11 April 2024
Dear Ladies and Gentlemen!
On 17 April 2024, amendments to the Code of Administrative Offences of the Russian Federation (“CAO RF”) will enter into force. From this time, there will be greater liability for the distribution of advertisements via SMS, email and push messages without the recipient’s consent. In addition, increased liability will be imposed for advertising of consumer loans with an incomplete cost. The changes are as follows:
Violation of advertising distribution via telecommunication networks;
Failure to provide the full costs of consumer loans in advertising.
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Sincerely,
ALRUD Law Firm
Skakovaya str., 17, bld. 2, 6th fl., Moscow, Russia, 125040
Т: +7 495 234 96 92, Т: +7 495 926 16 48, info@alrud.com
alrud.com
Т: +7 495 234 96 92, Т: +7 495 926 16 48, info@alrud.com
alrud.com