Category: Центральный банк России

Translation. Region: Russian Federal

Source: Central Bank of Russia

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The Bank of Russia and the Ministry of Finance of Russia are offering state-owned companies whose shares are traded on the stock exchange, adhere to best practices Building relationships with retail investors. These are based on the principles of information transparency and protecting minority shareholders' rights.

When making corporate decisions, issuers should consider the interests of retail shareholders, who want to be confident in the company's long-term sustainability, expect dividends, and share price growth. Therefore, companies are encouraged to participate in Shareholder Value Creation Programs.

Regulators advise issuers to be more open and communicate with minority shareholders about the company's development strategy, its operational and financial goals, and current performance indicators. This should preferably be done in understandable language and with the use of visual aids. It is important that such information be reflected, among other things, in the company's annual report, a key source of information for investors.

Companies are also encouraged to expand their investor communication channels and prioritize resources with a wider audience reach and feedback opportunities. In addition to traditional formats (press releases, website sections), issuers are encouraged to hold meetings with management for minority shareholders, host various conferences, maintain social media accounts and podcasts, and create dedicated mobile apps.

Particular attention should be paid to the involvement of retail investors in the company's operations, providing them with the opportunity to participate in its management and important decision-making by nominating their candidates to the board of directors. It is considered good practice for the company to have a Minority Shareholder Engagement Committee.

According to the Bank of Russia, following these recommendations will establish a new standard for the quality of relations between major issuers and their retail shareholders. This will harmonize corporate practices, strengthen investor confidence, and facilitate stock market capitalization.

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Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

Translation. Region: Russian Federal

Source: Central Bank of Russia

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Following these requests, the Bank of Russia conducted more than 20 test purchases in 14 financial institutions.

Operational information serviceThe system for monitoring possible consumer rights violations by financial institutions began operating in June 2025. The information obtained through it helps make the financial services market more transparent and consumer-oriented.

Most violations involved misleading or inappropriate advice. For example, bank clients were told that it was impossible to obtain a consumer loan without insurance, or they were misrepresented as to the nature of the additional service offered with the loan. Insurers unreasonably refused to issue motorcyclists compulsory motor vehicle liability insurance policies.

The Bank of Russia applied supervisory measures to financial institutions where violations were confirmed, and transferred some reports to other agencies in accordance with their authority.

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Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

Translation. Region: Russian Federation –

Source: Central Bank of Russia

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In accordance with Instruction No. 5778-U of April 13, 2021, "On the Methodology for Determining Systemically Important Credit Institutions," the Bank of Russia approved a list of systemically important credit institutions. These institutions account for approximately 80% of the total assets of the Russian banking sector:

Item No.	Name of the credit institution	Reg. No.
1	JSC UniCredit Bank	1
2	Bank GPB (JSC)	354
3	PJSC Sovcombank	963
4	VTB Bank (PJSC)	1000
5	JSC Alfa-Bank	1326
6	Sberbank PJSC	1481
7	PJSC "Moscow Credit Bank"	1978
8	JSC Bank DOM.RF	2312
9	JSC TBank	2673
10	PJSC Bank PSB	3251
11	JSC Raiffeisenbank	3292
12	JSC Rosselkhozbank	3349

When using the material, a link to the Press Service of the Bank of Russia is required.

October 7, 2025, 4:58:00 PM

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

Translation. Region: Russian Federal

Source: Central Bank of Russia

An important disclaimer is at the bottom of this article.

Changes have been made toBKL mechanismThe approach to using the BCL to meet the standard has also been revised: now the BCL will only cover small volatility in the standard (up to 20 percentage points). The fee for the BCL will depend on how many days and to what extent the bank actually used the BCL to meet the standard.

The Bank of Russia expects banks to have little need for the NKL. The NKL takes into account the specifics of the Russian market, primarily in terms of the composition of highly liquid assets. The goal of revising the NKL mechanism is to ensure flexibility in banks' liquidity management, mitigating temporary short-term changes that do not threaten financial stability. The fee calculation procedure should motivate banks to meet the standard through market instruments.

1 Bank of Russia Regulation No. 864-P dated July 31, 2025, “On the procedure for calculating the short-term liquidity ratio by systemically important credit institutions, on its maximum value, and on the Bank of Russia’s supervision of compliance therewith.”

2 Regulation of the Bank of Russia dated 03.12.2015 No. 510-P “On the procedure for calculating the short-term liquidity coverage ratio (Basel III) by systemically important credit institutions.”

3 Order of the Bank of Russia dated 06.10.2025 No. OD-2195 "On approval of the procedure for calculating the limit of an irrevocable credit line, the procedure for calculating the amount of the fee for the right to use an irrevocable credit line, and on streamlining certain orders of the Bank of Russia."

When using the material, a link to the Press Service of the Bank of Russia is required.

October 6, 2025, 6:47:00 PM

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

Translation. Region: Russian Federal

Source: Central Bank of Russia

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On October 6, 2025, the Bank of Russia will issue a commemorative coin made of base metals with a face value of 10 rubles, “Worker in Agriculture and Processing Industry,” from the “Man of Labor” series (catalog No. 5714-0107).

The coin has a round shape with a diameter of 22.0 mm.

The coin has a raised edge along the circumference on both the front and back sides.

The side surface of the coin is intermittently corrugated with alternating sections having a different number of corrugations.

The obverse of the coin features the inscriptions "BANK OF RUSSIA" at the top and "2025" at the bottom. On the left and right sides are images of laurel and oak branches, respectively. In the center is the number "10" and the inscription "RUBLES" beneath it, indicating the coin's denomination. Within the number "0" is a protective element in the form of the number "10" and the inscription "RUB," visible from various angles. At the bottom is the Moscow Mint trademark.

The reverse side of the coin features a relief image of a female agricultural worker among ears of grain, against the backdrop of an image of a machine operator standing on the footboard of a combine harvester; at the top right, along the circumference, is the inscription: "MAN OF LABOR."

The mintage of the coin is 1.0 million pieces.

The issued coin is legal tender in the Russian Federation and is required to be accepted at face value for all types of payments without restrictions.

When using the material, a link to the Press Service of the Bank of Russia is required.

October 3, 2025, 9:57:10 AM

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

Translation. Region: Russian Federal

Source: Central Bank of Russia

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The regulator proposes that credit institutions in the future submit information to the Bank of Russia not in the form of reporting forms, but in the form of data sets linked by a single model.

The collection of individual types of detailed data can be implemented in such a way that the main body of information is collected once, and then only updated data is presented.

Among the promising methods for operational work with big data, the organization of direct access by the Bank of Russia to the data marts of credit institutions in real time is being considered.

Application of the approaches outlined in the report "Improving the collection of reports from credit institutions", will reduce the frequency of changes made to reports and the number of requests sent by the Bank of Russia, while significantly increasing analytical potential, quality and speed of data delivery.

Responses to the questions presented in the report, as well as comments and suggestions regarding it, can be sent to the Bank of Russia up to and including October 31, 2025.

Changing approaches to collecting data from credit institutions will also be discussed at the Innovative Technologies Forum. Finopolis, which will take place from October 8 to 10, 2025.

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Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

Translation. Region: Russian Federal

Source: Central Bank of Russia

An important disclaimer is at the bottom of this article.

Mortgage microcredit companies (MCCs) will begin operating on October 22, 2025. They are created in accordance withby law, to implement state programs to expand housing affordability in the regions.

100% of the shares of such organizations will be owned exclusively by constituent entities of the Russian Federation. No more than one mortgage microfinance company may exist in any one region. The Bank of Russia will oversee them and maintain a list of such companies.

To adapt new market participants, the Bank of Russia established a moratorium on the application of a cap on the total cost of a loan by mortgage microfinance companies. The moratorium will be in effect until March 31 inclusive.

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Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

Translation. Region: Russian Federal

Source: Central Bank of Russia

An important disclaimer is at the bottom of this article.

Bank of Russia entered informationabout the Association of Payment Agents in the register of self-regulatory organizations (SRO) in the financial market.

Now, the self-regulation model, which has been successfully applied to the financial market, is being applied to the activities of payment agents, allowing them to flexibly respond to changes, implement best practices, including through standards, and monitor their implementation.

From the date of the appearance of the first SRO, all operators included inrelevant register Bank of Russia, there is an obligation to join any specialized self-regulatory organization within the 90-day period established by lawAfter the specified period, participants in this market who have not joined the SRO will be required to cease their payment acceptance activities.

As a reminder, the Bank of Russia currently registers over 600 payment processors. Through their cash registers and payment terminals, people can pay for goods, utilities, communications, television, and other services, as well as make mandatory payments.

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Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

Translation. Region: Russian Federal

Source: Central Bank of Russia

An important disclaimer is at the bottom of this article.

Since October 1, credit rating agencies (CRA) will begin to revealMore information about the assigned ratings and forecasts for them is available on its website.

In particular, CRAs will describe the impact on the credit rating of the most significant factors determining the entity's ability to meet its financial obligations. It is also necessary to report whether a credit rating has been assigned a "watch" status, the basis for this, and the duration of this status. This status indicates a higher likelihood of a rating review in the near future.

An important innovation is the obligation of the CRA to disclose an assessment of a company's own (independent) creditworthiness, that is, without taking into account external factors that increase or decrease its credit rating.

All these measures will help to harmonize the CRA's practices in disclosing credit ratings and forecasts.

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Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.