The aim of the article is to provide an overview over most significant changes, which have brought the new legal regulation of collecting societies in the Russian copyright law entered into the force by adoption of the amendment of the Russian Civil Code. The article tries to stress out advantages as well as negatives of the new legal regulation and at the same time to compare it with the previous legal regulation regarding collecting societies in Russia. An important innovative element within the new regulation of collecting societies in Part IV of the Russian Civil Code is the distinction between accredited and non-accredited collecting societies. The former have a privileged status, but have to apply for accreditation, and are supervised by a special authority. The consequences and reach of that important distinction are discussed in the article as is the general legal status of collecting societies with respect to their members (the right owners) and also the work users in the relevant fields of exploitation of protected works.