The relevant document was developed by the Ministry of Economic Development and signed by Prime Minister Mikhail Mishustin.
The order provides for the possibility of providing information on the pledge of movable property of individuals and legal entities, as well as on the conclusion of financial lease agreements through a Single Portal of state and municipal Services - gosuslugi.ru .
Now, for example, when buying a car, citizens will be able to check on a Single portal whether it is secured or leased and thus protect themselves from unscrupulous sellers. Commercial organizations, in turn, will be able to establish the solvency and technical equipment of counterparties using a Single portal.
These changes will help protect the interests of citizens and businesses, as well as make transactions more reliable and faster. The adoption of the decree is an important step towards improving the business climate in the country and strengthening the market. The order will enter into force on May 11, 2020.