Translation. Region: Russian Federation –
Source: Central Bank of Russia
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Regulator made changes In the instructions on the procedure for conducting inspections of supervised entities. One of the main innovations is the abolition of the mandatory three-year inspection frequency.
This applies, in particular, to credit institutions, non-state pension funds, trade organizers, payment system operators, credit bureaus, large insurers and professional participants in the securities market.
Amendments to the Bank of Russia's instructions will come into effect on October 31, 2025, and starting in the first half of 2026, inspections will be scheduled solely on the basis of a risk assessment and the specific activities of each financial market participant.
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