Russia Proposes Transfer of Tobacco Market Regulation to Treasury Department

Apr.23.2023
Russia Proposes Transfer of Tobacco Market Regulation to Treasury Department
Russia proposes transferring authority to regulate tobacco and nicotine products market to the Finance Ministry, according to recent reports.

Recently, according to a decision on the website of the Russian Federation's regulation information disclosure portal (www.regulation.gov.ru), the authority for regulating the tobacco and tobacco products market in Russia may be transferred from the Ministry of Agriculture and the Federal Tax Service to the Ministry of Finance.


According to this document, the Ministry of Finance will be authorized to formulate national policies for the production and sale of tobacco and nicotine-containing products, as well as regulate the industry.


Furthermore, the document suggests that Russia's alcohol regulatory agency should be restructured into the Federal Bureau for Alcohol and Tobacco Market Regulation, with the authority to license the production and sale of tobacco products and enforce regulations in the industry. In this scenario, the restructured agency would maintain a registry of licenses for the production and sale of such products.


According to the documents, taking these measures would require additional budget allocations to expand regulatory measures in the alcohol industry and increase the number of staff members.


Earlier, the Russian media outlet Parliament Gazette reported that there may be a new regulatory body in Russia responsible for overseeing the sale and consumption of alcohol and tobacco.


Georgy Golovanov, Deputy Minister of Finance in Russia, has announced that their department plans to implement two information systems. One of these systems, the Unified State Automated Information System (EGIS), is already in use for registration in the Russian Federation. The other system will be used to monitor goods that require compulsory marking.


Related Reading:


【1】Market research by 2FIRSTS: Only accepting white labels, forced to transform - What is the state of the Russian e-cigarette market under stringent regulation? 【2】Exclusive interview with Russian nicotine producers: Compliance with regulatory trends is irreversible, a complete ban on e-cigarettes is unlikely.


Experts explain Russia's "mandatory licensing" in the tobacco industry, with relevant legal texts attached.


Russian "Honest Label" operating company responds to "additive ban" proposal: e-cigarettes still subject to mandatory labeling restrictions.


The deadline for "honest labeling" approaches as the Russian disposable e-cigarette market works to clear its stock.


Reference:


The regulation of the tobacco market has been suggested to be handed over to the Ministry of Finance.


This document has been generated through artificial intelligence translation and is provided solely for the purposes of industry discourse and learning. Please note that the intellectual property rights of the content belong to the original media source or author. Owing to certain limitations in the translation process, there may be discrepancies between the translated text and the original content. We recommend referring to the original source for complete accuracy. In case of any inaccuracies, we invite you to reach out to us with corrections. If you believe any content has infringed upon your rights, please contact us immediately for its removal.

Philip Morris Ukraine Says Ukraine’s Flavored Vape Ban Still Lacks Effective Enforcement
Philip Morris Ukraine Says Ukraine’s Flavored Vape Ban Still Lacks Effective Enforcement
Mikhail Polyakov, deputy general director for corporate affairs at Philip Morris Ukraine, said Ukraine’s ban on flavored and aromatic additives for e-cigarettes, in force since July 11, 2024, has not worked in practice because compliance is not being enforced.
Mar.17 by 2FIRSTS.ai
Philippine public health groups urge an absolute ban on e-cigarettes and heated tobacco products
Philippine public health groups urge an absolute ban on e-cigarettes and heated tobacco products
Public health groups in the Philippines are urging the government to impose an absolute ban on e-cigarettes, heated tobacco products, and other nicotine delivery products, citing health harms and increasing accessibility among youth. The call follows Myanmar’s move to become the eighth ASEAN country to implement a total vape ban and comes as the Philippine Congress deliberates tobacco and vape taxation.
Feb.28 by 2FIRSTS.ai
Ohio Supreme Court takes up appeal that could define state limits on illegal vape sales enforcement
Ohio Supreme Court takes up appeal that could define state limits on illegal vape sales enforcement
The Ohio Supreme Court has agreed to hear Attorney General Dave Yost’s appeal seeking to revive lawsuits against three Ohio vape retailers. Lower courts dismissed the cases, finding that federal law governs whether vaping products may be marketed and sold.
Mar.06 by 2FIRSTS.ai
Mexico’s Coahuila State Passes Vape Ban Covering Non-Nicotine Devices and Heated Tobacco Products
Mexico’s Coahuila State Passes Vape Ban Covering Non-Nicotine Devices and Heated Tobacco Products
The Congress of Coahuila in Mexico has approved a ban on the sale, use and promotion of vapes and similar devices, citing their harmful effects on health and the environment.
Mar.31 by 2FIRSTS.ai
KT&G to cancel 10.866 mln treasury shares, about 9.5% of shares outstanding
KT&G to cancel 10.866 mln treasury shares, about 9.5% of shares outstanding
KT&G said it plans to cancel all treasury shares it holds, totaling 10,866,189 shares, representing about 9.5% of shares outstanding, in line with Korea’s third amendment to the Commercial Act requiring companies to cancel repurchased shares within one year. The company also disclosed progress on its shareholder-return plan and multiple agenda items for next month’s shareholders meeting.
Feb.26
Product | OXVA launches SlimStick X in Europe and the U.S., shifting from pre-filled to open-system refilling
Product | OXVA launches SlimStick X in Europe and the U.S., shifting from pre-filled to open-system refilling
OXVA has recently launched its new e-cigarette, the SlimStick X. Unlike its predecessor, the SlimStick, which used a pre-filled pod system, the SlimStick X adopts an open-system refillable design, featuring a 2ml pod, a 1.0Ω coil, and a 1400mAh battery. The product has entered online retail channels in markets including the United States, the United Kingdom, Greece, and Spain, with a price of about $23.99.
Mar.06 by 2FIRSTS.ai