On 10 January 2017, the Russian Ministry of Finance published a notice of consultation on an order to remove Hong Kong from the tax havens list originally approved by Order No. 108n of 13 November 2007. The removal from the list is a result of the 2016 Hong Kong-Russia tax treaty, which entered into force on 29 July 2016 and generally applies from 1 January 2017 ({News-2016-08-10/T/3- previous coverage}). The consultation is open until 30 June 2017, after which the draft order will be finalized and is to apply from September 2017.