Translation. Region: Russian Federation –
Source: Central Bank of Russia
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Bank of Russia finalized a new methodology for identifying systemically important credit institutions (SICIs) taking into account market opinion. What has changed in relation to initial concept:
Bank investments in securities backed by securitized consumer loans are included in the "Consumer Portfolio" component of the summary result (initially, only loans were taken into account); relationships with non-bank financial institutions are taken into account in the differentiating criterion "Potential consequences of the domino effect on the interbank lending market" (calculated only for the interbank lending market); legal entities and sole proprietors are included in the assessment of the differentiating criterion "Size of the client base" (calculated only for individuals); the "Regional importance" indicator has been transferred to the differentiating criteria (assessed as part of the components of the summary result).
The regulator plans to publish a draft regulation outlining a new methodology for assessing regulatory impact in the first half of 2027, and to compile a list of SZKOs based on it in the fall of 2027. Differentiated capital adequacy ratios for systemic importance are planned to be introduced over several years, tentatively beginning in 2028.
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