Russian civil servants are prohibited from holding accounts in foreign banks.
Posted by The Pete Quiñones Show, Checked
- Sources
- 1 contradict4 support2 context
- Said
- 1 time·
- Confidence
- 65%
The Pete Quiñones ShowOct 1, 2026
Sources confirm Russia bans certain civil servants from holding foreign bank accounts under Federal Law 79-FZ (2013) and Article 17 of the civil service law, so the core assertion holds.
A detail. The sources confirm the gist; the verdict faults a detail such as a date, number or wording.
This claim is about the present, so it is judged as of the day it was checked.
What was said
… Extremely strict anti-corruption measures: all government workers have to divulge their assets and any liabilities before they take office to prevent any conflict of interest. No civil servant can have accounts in foreign banks, especially security services, and any business dealings while in office is forbidden. Can you imagine that being imposed anywhere else? …
The Pete Quiñones Show · · from the transcriptPost →What we found
Contradicts. The Kremlin's summary of the law states the ban applies only to listed categories (state office holders, Prosecutor General deputies, Central Bank board members, regional officials, and others), not to all civil servants as the post's 'no civil servant' wording implies.[2]
Supports. Federal Law No. 79-FZ of May 7, 2013 bars specified categories of persons from opening and holding accounts in foreign banks outside Russia, and Part 1.1 of the civil service law bars civil servants from doing so in cases the law provides.[4][5]
Supports. Reuters and CNN reported the 2013 Putin decree requiring officials to close foreign bank accounts within three months, confirming the prohibition's origin.[1][3]
Context. A 2026 Minjust draft order and Ministry of Finance order list the specific positions subject to the ban, confirming it is position-based rather than universal.[6][7]
Sources
7 sources: 1 fact-checker, 1 rated low, 1 tier 2, 4 not rated
- 1Russian officials have three months to ditch foreign bank accountsreuters.com · fact-checker · cited for: supports
- 2Laws banning certain categories of individuals from having foreign bank accountsen.kremlin.ru · rated low for factual reporting by Iffy.news · cited for: contradicts
- 3Putin decree targets elite's foreign assetscnn.com · tier 2 · cited for: supports
- 4federal law of the russian federation - CIS Legislationcis-legislation.com · not rated · cited for: supports
- 5Federal Law № 79-FZ On the public civil service. ...epp.genproc.gov.ru · not rated · cited for: supports
- 6Создан перечень чиновников, которым запретят иметь ...minjust.gov.ru · not rated · cited for: context
- 7Приказ Минфина России от 19.08.2026 - ГАРАНТbase.garant.ru · not rated · cited for: context
Where this claim was made
Said in 1 published post
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