Translation. Region: Russian Federal
Source: Central Bank of Russia
An important disclaimer is at the bottom of this article.
The National Digital Infrastructure (NDI) concept includes three areas of digitalization: identification, payments, and data exchange. Both government and business can participate in the development of the NDI. The Bank of Russia proposes discusscriteria by which decisions will be made in the future regarding the regulator's participation in the creation of components of the digital infrastructure of the financial market.
The report raises key issues for the financial market:
Who should create services for citizens and businesses and under what conditions? What is the role of the state and market participants in the creation of NCI components? What rules and criteria can be used when deciding on the creation of NCI components by the state or market participants? Under what conditions can the transfer of previously created NCI components to market participants be considered?
Responses to questions, comments, and suggestions regarding the document can be sent to the Bank of Russia until October 31, 2025.
The topic of national digital infrastructure will be one of the key onesFinopolis 2025 Forum of Innovative Financial Technologies, which will take place in the federal territory of Sirius from October 8 to 10.
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