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No changes in currency regulation law to be made in near term

      RBC, 01.06.2004, Moscow 10:56:32.There will be no changes in the law on currency regulation and currency control in the near future, Vladimir Lukov, the head of the Russian Finance Ministry's department for macroeconomics and banking establishments, declared at a conference devoted to managing risks in Russia. This law is "compromising and not simple"; many interests collided in this document and there should be no alterations made to it in the near future, he said. However, he admitted that the ministry was preparing some regulations to develop this law further. The law on currency regulation and currency control comes into force on June 17, 2004.

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