Financial News: Climate Change and the Financial Sector: Public Consultation Report

Translation. Region: Russian Federal

Source: Central Bank of Russia –

An important disclaimer is at the bottom of this article.

Bank of Russia offers to discuss, what risks does climate change create for the economy and financial markets and how to assess these risks.

Climate change, which is accompanied by increased heat, more frequent floods and droughts, is damaging human health, infrastructure, and agriculture, all of which inevitably pose risks to financial stability.

According to various estimates, Russia could potentially benefit from climate change if preventive measures are taken, but could also face damages of 1–2% of GDP annually, which would be most noticeable in certain regions and industries. Therefore, it is important to develop risk assessment tools, monitoring and disclosure of information on physical climate risks, improve stress testing and improve data quality.

Responses to the questions presented in the report for public consultation, as well as comments and suggestions on it, will be accepted until October 17, 2025 inclusive.

Preview photo: Alexander Ryumin / TASS

Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

Financial news: The Bank of Russia opens its doors again.

Translation. Region: Russian Federal

Source: Central Bank of Russia –

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This year, Open Day will be held on September 27 in 73 cities, including Moscow, in the main building of the Bank of Russia on Neglinnaya Street.

Participants will enjoy excursions, lectures and master classes, quests and games dedicated to the history of banking in Russia and modern finance. The events are designed for different audiences, but most of them can be visited by the whole family.

You can familiarize yourself with the program and register to participate Here.

The number of places is limited, but history buffs can visit the Bank of Russia Museum on other days by signing up for regular excursions.

Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

Financial News: Financial Literacy with Superheroes: Fall Session of Online Lessons Begins September 18

Translation. Region: Russian Federal

Source: Central Bank of Russia –

An important disclaimer is at the bottom of this article.

The lessons will be held in an updated format: they will be united by the gaming universe of the City of Finance. Students will become assistants to financial superheroes — experts in various fields: from digital security to the history of money and investments.

The first lesson will be conducted by Mikhail Mamuta, Head of the Service for the Protection of Consumer Rights and Ensuring the Availability of Financial Services of the Bank of Russia. Schoolchildren and college students will be able to connect tobroadcastsSeptember 18 at 09:30 Moscow time or watch it inVKontakte, where there will be an opportunity to ask questions to the lecturer.

Before updating the concept, the project authors studied the audience's preferences.

"For modern children, game formats are a part of life. That's why we decided that it would be much easier for them to understand complex topics of the financial world together with superheroes. At the same time, the lessons are still aimed at acquiring practical skills: how to make a personal plan, open a deposit, not overpay for a loan, buy your first share and protect yourself from fraudsters. The theory is practiced through metaphors, analogies and plots – without lectures and boring definitions. And schoolchildren will be able to compare results with other classes and see their progress," said Mikhail Mamuta.

This year, online lessons are turning 10. The updated autumn session will last until December 17, with about 800 broadcasts on 29 topics – from the basics of a personal budget and protection from fraudsters to the first steps in the world of investments.

Thanks to the distance learning format and a class schedule adapted to different time zones, students from all regions of the country will be able to participate in the project.

The class schedule, information about Finance City, superheroes and missions, and a catalog of updated lessons can be found atproject website.

Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

Financial news: Hazardous property owners liability insurance: new rates

Translation. Region: Russian Federal

Source: Central Bank of Russia –

An important disclaimer is at the bottom of this article.

The Bank of Russia has established new tariffs for compulsory civil liability insurance of owners of hazardous facilities. They will be applied from September 21, 2025.

At the same time, for facilities using pressure equipment and coal mines, the lower limit of the tariff corridor remains at the same level as now.

For hydraulic structures, petrochemical and mining industry enterprises, it is reduced by 25%. A more significant reduction (by 75%) is provided for some types of power plants, as well as facilities for storing mineral processing waste (tailings) and mine construction sites. The lower limit of the tariff corridor for all other types of hazardous facilities is reduced by 50%. The upper limits of insurance tariffs do not change.

The recalculation of tariffs takes into account the current dynamics of losses and more accurately reflects the level of risk of an accident.

Preview photo: Shutterstock / Fotodom

Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

Financial news: On September 12 at 15:00 there will be a press conference on the results of the meeting of the Board of Directors on monetary policy

Translation. Region: Russian Federal

Source: Central Bank of Russia –

An important disclaimer is at the bottom of this article.

The event will be attended by the Chairman of the Bank of Russia Elvira Nabiullina and the Deputy Chairman of the Bank of Russia Alexey Zabotkin.

Elvira Nabiullina will make a statement on monetary policy.

The press conference will be held at the Bank of Russia press center. The broadcast of the speech will be available on our website, channel inTelegram, as well as on the official page inVKontakte.

Accreditation for journalists is open until 17:00 on September 10 at the following address: Media@kbr.ru.

Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

Financial news: The Bank of Russia will now publish NPF stress testing scenarios in advance

Translation. Region: Russian Federal

Source: Central Bank of Russia –

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Bank of Russia updated scripts stress testing of non-state pension funds (NPF), they will be applied from September 30, 2025.

The scenarios are aimed at assessing the sustainability of funds in the event of an unfavorable change in the economic situation. At the same time, they assume a subsequent smooth recovery of government bond yields and the achievement of the inflation target.

Following consultations with the self-regulatory organization (SRO) uniting NPFs, the Bank of Russia decided to publish scenarios in advance, before their application by funds. This will help improve the quality of risk assessment by market participants and increase the predictability of the regulator's activities.

The Bank of Russia and the SRO National Association of Non-State Pension Funds will continue their joint work aimed at reducing model risk during stress testing.

Preview photo: Tatum / Shutterstock / Fotodom

Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

Financial News: Monetary Conditions Eased in July-August but Remained Tight

Translation. Region: Russian Federal

Source: Central Bank of Russia –

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Nominal interest rates in most segments of the financial market continued to decrease. Inflation expectations of the population and business remained elevated.

Following the reduction of the key rate, rates on banks' credit and deposit operations decreased. The revival of corporate lending and moderate but increased credit activity of the population supported faster growth of monetary aggregates in July-August.

For more details, read the information and analytical commentary "Monetary conditions and the transmission mechanism of monetary policy".

Preview photo: SirichaiKeng / Shutterstock / Fotodom

Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

Financial News: Actuarial Illustrative Tables and Key Ratios

Translation. Region: Russian Federal

Source: Central Bank of Russia –

An important disclaimer is at the bottom of this article.

The Bank of Russia informs that the qualification exam for persons wishing to join the self-regulatory organization of actuaries (hereinafter referred to as the qualification exam) will be held on September 26, 2025 at 10:00 in the building of the Moscow Technical University of Communications and Informatics at the address: Moscow, Aviamotornaya, 8, building 39, Congress Center, auditoriums ULK2 and ULK6 (2nd floor). Registration of applicants for the qualification exam will begin at 9:00 and end at 9:45.

In accordance with the Bank of Russia Instruction of August 5, 2014 No. 3359-U “On the procedure for conducting a qualification exam for persons wishing to join a self-regulatory organization of actuaries, as well as the procedure for confirming its passing”, applicants are allowed to take the qualification exam upon presentation of a passport of a citizen of the Russian Federation or other document certifying his identity.

An applicant who does not have a passport of a citizen of the Russian Federation or other document certifying his identity, or who does not arrive at the time set by the Bank of Russia, is considered to have failed to appear for the qualification exam.

When preparing answers to the questions on the examination ticket, the applicant is allowed to use a personal calculator, as well as reference and other materials provided by the Bank of Russia. The calculator must have a memory reset function or be non-programmable, and not perform the function of a means of communication, database storage, and not have access to data transmission networks (including the Internet information and telecommunications network).

Venue of the qualifying exam.

Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

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Financial news: State corporation "Deposit insurance agency" message for depositors of Tavrichesky Bank (JSC)

Translation. Region: Russian Federal

Source: Central Bank of Russia –

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Collection of cash, bills, payment and settlement documents and cash services for individuals and legal entities

Purchase and sale of foreign currency in cash and non-cash forms

Carrying out money transfers without opening bank accounts, including electronic money (except for postal transfers)

Carrying out transfers of funds on behalf of individuals and legal entities, including correspondent banks, through their bank accounts

Carrying out transfers on behalf of individuals and legal entities, including correspondent banks, to their bank accounts in precious metals

Opening and maintaining bank accounts for individuals and legal entities

Opening and maintaining bank accounts of individuals and legal entities in precious metals, with the exception of coins made of precious metals

Attracting funds from individuals and legal entities into deposits (on demand and for a specified period)

Attraction of precious metals of individuals and legal entities into deposits (on demand and for a certain period), with the exception of coins made of precious metals

Placement of funds attracted into deposits (on demand and for a certain period) of individuals and legal entities on their own behalf and at their own expense

Placement of precious metals attracted into deposits (on demand and for a certain period) by individuals and legal entities, with the exception of coins made of precious metals, on their own behalf and at their own expense

Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

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Financial news: The Bank of Russia opens recruitment for spring internships.

Translation. Region: Russian Federal

Source: Central Bank of Russia –

An important disclaimer is at the bottom of this article.

Full-time students of Russian universities, starting from the 2nd year of bachelor's and specialist's degrees, as well as master's students, can try their hand and become part of the Bank of Russia team for six months. Submit an applicationpossible until November 2 inclusive.

To do this, you need to fill out a questionnaire and choose the internship area: monetary policy, financial markets, analytics, supervisory activities, information technology, security and others.

Most selection stages are remote, applicants will receive all the necessary information by e-mail. Participants who successfully pass the questionnaire will be invited to online testing, video interview, and then to an interview.

Interns will be officially employed by the Bank of Russia with the opportunity to work from 20 hours a week on an individual schedule. The internship is paid. The start is scheduled for February 2026.

Preview photo: Alexey Orlov / Vedomosti / TASS

Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.