Category: 27-7

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Financial News: Five principles for artificial intelligence: regulator's recommendations on the use of AI

Translation. Region: Russian Federal

Source: Central Bank of Russia –

An important disclaimer is at the bottom of this article.

For example, customers should be informed when they are interacting with AI and provided with the opportunity to opt out of such interactions.

The Bank of Russia also suggests that organizations regularly check the quality of AI, pay attention to maintaining the confidentiality of personal data, and organize AI risk management.

“We have studied global trends in AI regulation, discussed with market participants and came to the conclusion that for the Russian financial market at this stage, soft regulation of the use of such technology will be relevant. We hope that the guidelines laid down in the Code of Ethics will be able to make financial services, in which artificial intelligence is integrated, even more high-quality, safe and convenient,” said Stanislav Korop, Head of the Department of Financial Technologies.

In addition, according to the Bank of Russia, the exchange of experience and best practices in compliance with ethical recommendations can play a special role in the trusted and responsible use of AI in the financial market. The regulator is ready to facilitate this.

Preview photo: Anggalih Prasetya / 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.

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Financial news: Heirs will be exempted from penalties for late payments on loans of their relatives for six months

Translation. Region: Russian Federal

Source: Central Bank of Russia –

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From September 1, 2025, banks and microfinance organizations will not be able to charge penalties, fines and fines on the debts of a deceased borrower while his relatives are processing the inheritance. law adopted by the State Duma.

The ban will be in effect for 6 months, unless another period for entering into inheritance rights is established by law or a court decision. This rule applies to both consumer credit or loan agreements of the deceased, and mortgage loans.

Preview photo: Songsak C / 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.

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Alexander Novak: REW-2025 will become a key platform for discussing current energy issues

Translation. Region: Russian Federal

Source: Government of the Russian Federation – Government of the Russian Federation –

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Deputy Prime Minister Alexander Novak held the second meeting of the organizing committee for the preparation and holding of the international forum "Russian Energy Week". The meeting was attended by representatives of federal authorities, energy companies, and industry communities.

REW-2025 will be held from October 15 to 17 in Moscow. The forum will traditionally bring together representatives of government, business, science and the expert community to discuss global trends and challenges in the energy industry.

Opening the meeting of the organizing committee, Alexander Novak emphasized the importance of intensifying the invitation campaign and filling the business program. "REW-2025 will become a key platform for discussing current energy issues, demonstrating technological achievements and strengthening international cooperation. This year, we will pay special attention to the 80th anniversary of the Russian nuclear industry and the integration of energy sovereignty topics," said the Deputy Prime Minister.

Adviser to the President of Russia, Executive Secretary of the REW Organizing Committee Anton Kobyakov noted that preparations for the forum are proceeding as usual. "Invitations to take part in REW-2025 events have been sent to more than 6.3 thousand participants, including heads of Russian and foreign businesses, as well as representatives of official delegations. Representatives of 65 companies from nine countries have confirmed their participation, including Azerbaijan, Brazil, Great Britain, Germany, Zambia, Kazakhstan, Côte d'Ivoire, Serbia, and South Africa. The Organizing Committee is actively working to attract foreign partners, especially from Asian, African, and Arab countries," Anton Kobyakov added.

As part of REW-2025, in parallel with the demonstration of stands of the forum's key partners in the Manezh Central Exhibition Hall, a specialized exhibition will once again be organized at the Gostiny Dvor site, which will demonstrate the industry's achievements in the field of import substitution and innovative development of the country in the context of the Energy Strategy of Russia until 2050.

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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Vitaly Savelyev: Development of checkpoints across the state border is a systemic task, the implementation of which is envisaged by the national project "Efficient Transport System"

Translation. Region: Russian Federal

Source: Government of the Russian Federation – Government of the Russian Federation –

An important disclaimer is at the bottom of this article.

Vitaly Savelyev at a meeting on the development of checkpoints across the state border.

At a meeting on the development of checkpoints across the state border of the Russian Federation, the results of the movement of goods and freight vehicles on the main sections of the border were summed up.

The positive dynamics of freight vehicle traffic through automobile checkpoints is sustainable. Thus, the number of freight vehicles that passed through automobile checkpoints located on priority sections of the state border has increased by almost 70% over the past seven years and reached more than 6.5 million units in 2024.

At checkpoints on the Russian-Chinese section of the state border, the growth was almost 130% (from 229 thousand to 523 thousand units). In turn, the volume of transported goods increased by 34% and reached 46 million tons by the end of 2024.

High dynamics are also maintained in the movement of freight vehicles at checkpoints on the Russian-Mongolian section: 65% of the 2018 level, an increase from 34 thousand units in 2018 to 56 thousand units in 2024.

High rates are also observed on the Russian-Azerbaijani, Russian-Kazakh, and Russian-Georgian sections of the state border.

As part of the implementation of the order of the President of Russia to reduce the inspection time of freight vehicles to 10 minutes, the implementation of a pilot project at the Tagirkent-Kazmalyar automobile checkpoint on the Russian-Azerbaijani border continues. Thanks to the elimination of paperwork, the introduction of an intelligent checkpoint system and equipping the site with modern portal inspection and screening systems, the inspection time in test mode was just over 9 minutes.

By 2030, the implemented solutions will be scaled up to 55 priority checkpoints.

In implementing the plans of the “road map” for the introduction of smart checkpoints, the Russian Government is working closely with state control bodies: the Border Service of the FSB of Russia, the Federal Customs Service of Russia, Rosselkhoznadzor, and Rospotrebnadzor.

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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Denis Manturov met with the head of the Republic of Adygea Murat Kumpilov

Translation. Region: Russian Federal

Source: Government of the Russian Federation – Government of the Russian Federation –

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Denis Manturov met with the head of the Republic of Adygea Murat Kumpilov.

First Deputy Prime Minister Denis Manturov met with the head of the Republic of Adygea Murat Kumpilov, with whom he discussed the development of the region’s industry.

The head of the republic reported to Denis Manturov on the status of the implementation of the investment project to create the Enem industrial park.

In addition, Denis Manturov and Murat Kumpilov discussed the progress of the execution of the instructions given by the First Deputy Prime Minister during his working visit to Adygea in March 2025. Let us recall that at that time, Denis Manturov, among other things, instructed the transfer of drones from one of the leading Russian brands to the Military Training Center at the Maikop State Technological University for training cadets.

On the instructions of the First Deputy Prime Minister, support was provided to the project of PAO Zarem to modernize the production of gearboxes through the federal Industrial Development Fund. In addition, work is underway to deepen cooperation between the Maikop Machine-Building Plant and the Kovrov Mechanical Plant. Currently, the enterprises, with the support of the Ministry of Industry and Trade of Russia, are working on the issue of localizing the production of vane rotators and hydraulic distributors.

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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The Ministry of Economic Development and the leadership of the Omsk region discussed the development of the territory of the SEZ "Avangard"

Translation. Region: Russian Federal

Source: Ministry of Economic Development (Russia) – Ministry of Economic Development (Russia) –

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Deputy Minister of Economic Development of the Russian Federation Svyatoslav Sorokin held a meeting on the development of the territory of the special economic zone (SEZ) "Avangard" during a working visit to Omsk Oblast.

To date, 11 residents have registered in the SEZ, who have already invested 5.7 billion rubles and created 108 jobs.

The plans for the development of the SEZ include the placement of new investment projects. The key project will be the construction of a tire plant of JSC Avangard (part of the Ural Mining and Metallurgical Company, UMMC). The total investment in the project will amount to 41.5 billion rubles. The start of production is scheduled for the first quarter of 2028. The enterprise will produce up to 10.5 thousand extra-large tires per year – for quarry equipment, dump trucks and heavy machines operating in the mining industry. Each such tire is designed for a load of over 20 tons. The products are oriented, among other things, to the needs of Kuzbass and the Far East. About half of the volume will be consumed within UMMC's own contour, which ensures guaranteed demand.

It was noted at the meeting that in order to continue working to attract investment to the SEZ territory, it is necessary to carry out measures to develop water supply and sanitation networks, the estimated cost of which is 3.044 billion rubles. The possibility of financing was announced by Svyatoslav Sorokin through the mechanism of providing the region with a treasury infrastructure loan. Following the meeting, the Government of Omsk Region sent a corresponding application to the Ministry of Economic Development of Russia.

"Development of the territory of the SEZ "Avangard" opens up opportunities for the placement of new high-tech production facilities. The company's tire plant project is a large-scale investment initiative with an import-substituting effect and a significant contribution to the regional budget. Such projects form a new industrial profile of the Omsk Region," said Deputy Minister of Economic Development of Russia Svyatoslav Sorokin.

SEZ "Avangard" was created in December 2020 on the territory of Omsk. The total area is 165 hectares, of which 116 are intended for the placement of residents, 73% have already been leased or owned.

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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Ministry of Economic Development: monitoring the quality of public services covers all services in the country.

Translation. Region: Russian Federal

Source: Ministry of Economic Development (Russia) – Ministry of Economic Development (Russia) –

An important disclaimer is at the bottom of this article.

The Ministry of Economic Development of the Russian Federation has approved a new regulation on the Information and Analytical System for Monitoring the Quality of Public Services (IAS MKGU). The key innovation of the document was a significant expansion of the system's functionality. Now, not only are citizen reviews on the quality of state and municipal services collected and processed, but they are also analyzed using the BI analytical module. This allows for continuous monitoring of service quality in automatic mode, analyzing objective data from information systems regardless of the form in which they are provided.

The monitoring tracks the life cycle of the provision of services and electronic services. Monitoring is carried out on more than 20 indicators: refusals, delays, technical errors, level of complaints, assessment, level of satisfaction, feedback conversion and others. Based on the results, ratings of services, departments and subjects of the Russian Federation are formed. Last year, modern public opinion research tools were integrated into the system, including monitoring of social networks, a service for sending notifications and collecting feedback from applicants via the VK social network was launched.

Currently, 57 subjects of the Russian Federation are connected to the system. More than 5.3 million notifications were delivered to citizens, of which more than 1.17 million contained a feedback collection questionnaire. By May 2025, the conversion rate of feedback collection in VK through the Vashkontrol service was 82.1%.

"All these changes will allow us to promptly identify problem areas in the provision of public services and respond to them promptly, which will ultimately increase citizens' satisfaction with the work of government agencies. The updated IAS MKGU has become another step in the digital transformation of public administration on the way to increasing the efficiency of interaction between the authorities and society," said State Secretary – Deputy Minister of Economic Development of Russia Alexey Khersontsev.

IAS MKGU was created in 2012 to collect feedback and calculate the level of citizen satisfaction with the quality of services. Initially, the system was limited to monitoring 63 of the most popular services, but now all services and electronic services in the country will be covered.

Currently, representatives of ministries and departments of federal and regional government levels and MFCs are registering to gain access to personal accounts of the IAS MKGU, where they will be able to monitor the quality of their services in real time, receive information on deviations from target values and recommendations for eliminating deficiencies identified during monitoring.

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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Dmitry Patrushev: 3 billion rubles will be allocated for the implementation of the national project "Ecological Well-being" in Kuzbass by 2030

Translation. Region: Russian Federal

Source: Government of the Russian Federation – Government of the Russian Federation –

An important disclaimer is at the bottom of this article.

During a working visit to Kemerovo Oblast, Deputy Prime Minister Dmitry Patrushev met with the head of the region, Ilya Seredyuk, and visited a number of large industrial enterprises in Kemerovo and Novokuznetsk. At the meeting, the parties discussed the socio-economic development of the region, the performance indicators of the agro-industrial complex, and the implementation of the activities of the national project "Environmental Well-Being".

Dmitry Patrushev noted that the Kemerovo Region is among the leaders of the Siberian Federal District in terms of gross regional product. The main contribution is made by the extractive industry. The region strives to create favorable conditions for economic development. According to the Deputy Prime Minister, an important mechanism for socio-economic development is the implementation of the relevant Strategies for the socio-economic development of the Siberian Federal District (SFD) until 2035, approved by the Russian Government, which in the long term will create more than 20 thousand jobs.

"Speaking about agriculture, I would like to note that Kuzbass is a major producer of grain and oilseed crops in Siberia. We expect that the unfavorable weather that accompanies field work will not seriously affect the final harvest. As for environmental activities, Kuzbass is participating in the relevant national project. The Government has allocated more than 3 billion rubles for this until 2030. The funds will be allocated, among other things, for reforestation, reducing harmful emissions into the atmosphere in Kemerovo and Novokuznetsk, developing a waste management system and improving the health of water bodies. We expect high-quality implementation of all planned projects," said Dmitry Patrushev.

During his trip to Kemerovo, the Deputy Prime Minister visited the mineral fertilizer plant of KAO Azot. The company ranks fifth in Russia in terms of nitrogen fertilizer production. At the same time, much attention is paid to the implementation of environmental protection measures. Dmitry Patrushev inspected the liquid carbon dioxide production workshop, the selective cleaning construction site, and the engineering and design center.

"Russia is one of the world's largest producers of mineral fertilizers and is a leader in their export. Without fertilizers, it is impossible to talk about a systematic increase in crop yields. Therefore, the Government is taking measures that have allowed a significant increase in fertilizer supplies to the domestic market in recent years. Your plant is one of the country's leaders in the production of nitrogen fertilizers," he noted.

In addition, the Deputy Prime Minister familiarized himself with the history of the development of the coal industry in the Kemerovo Region in the historical and architectural museum-reserve "Krasnaya Gorka". The coal industry has historically played a key role in the economy of Kuzbass; in the Kemerovo Region, the industry provides jobs for about 100 thousand people. The museum was founded at the site of the discovery of the Kuznetsk coal basin and preserves evidence of the formation of the industrial center of Siberia.

Dmitry Patrushev also visited the largest industrial enterprises of Novokuznetsk and got acquainted with the progress of environmental projects aimed at reducing the negative impact on the environment within the framework of the federal project "Clean Air". Thus, the Deputy Prime Minister got acquainted with the progress of construction of the sulfur gas purification unit of the Evraz metallurgical plant. The modern powerful unit will ensure a high degree of purification of flue gases from sulfur dioxide and reduce its emission into the atmosphere by 70%. The commissioning of the complex is expected in 2026.

In addition, Dmitry Patrushev inspected the dry gas cleaning facility under construction at the Kuznetsk Ferroalloys plant. The enterprise is the country's largest producer of ferrosilicon – an alloy of silicon and iron used in ferrous metallurgy, mechanical engineering and the chemical industry. The best available technology for environmentally friendly modernization of production is the installation of dry gas cleaning complexes for ferroalloy furnaces. Currently, emissions of pollutants into the city's atmosphere have been reduced by 30% from the 2017 level.

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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Alexander Novak held a meeting of the headquarters on the situation on the domestic oil products market

Translation. Region: Russian Federal

Source: Government of the Russian Federation – Government of the Russian Federation –

An important disclaimer is at the bottom of this article.

Deputy Prime Minister Alexander Novak held a meeting of the headquarters on the situation on the domestic oil products market with the participation of representatives of the Ministry of Energy, the Federal Antimonopoly Service, the Ministry of Agriculture, Russian Railways, heads of the St. Petersburg Stock Exchange, oil companies, and State Duma deputies.

The parties discussed the current situation on the oil products market during the period of increased summer demand, the terms of their sales on the St. Petersburg Exchange, as well as the supply of fuel to agricultural producers.

According to the Ministry of Energy, prices for diesel fuel and gasoline remain stable, within the inflation rate. Deliveries to agricultural producers during the harvesting campaign are going according to plan, all requests from farmers are being satisfied. A representative of the Federal Antimonopoly Service noted the need to increase gasoline supplies to exchange trading to ensure market balance.

Alexander Novak instructed the Ministry of Energy and the Federal Antimonopoly Service to assess the marginality of gas stations taking into account the mandatory costs of gas stations, and Russian Railways to solve the problem of empty wagons standing idle after unloading goods. This will help ensure timely loading and removal of petroleum products by oil companies to consumers. Oil companies have been instructed to promptly remove refineries from repairs and meet planned fuel production targets.

"We cannot allow a sharp increase in gasoline prices. I ask the Ministry of Energy, together with oil companies, to keep their finger on the pulse and manually balance the supply of fuel to the market in order to meet the increased demand of consumers in the summer and early autumn months. To do this, it is necessary to ensure its uniform sale on the exchange, and also not allow oil companies to purchase goods from each other on the exchange. They must purchase petroleum products under direct contracts," said Alexander Novak.

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The bill on regulating the platform economy was adopted by the State Duma in the first reading

Translation. Region: Russian Federal

Source: Ministry of Economic Development (Russia) – Ministry of Economic Development (Russia) –

An important disclaimer is at the bottom of this article.

The State Duma deputies adopted the draft federal law "On Certain Issues of Regulating the Platform Economy in the Russian Federation" in the first reading, as well as a package of amendments to industry legislation required in connection with the new regulation. These measures are designed to ensure transparency and stability of the market, protect the interests of consumers and entrepreneurs, and create conditions for the further growth of the platform economy.

The new regulation was developed on the instructions of the Chairman of the Government of the Russian Federation Mikhail Mishustin and under the supervision of the Deputy Chairman and Chief of Staff of the Government of the Russian Federation Dmitry Grigorenko.

"The President has instructed to speed up the adoption of the law on the platform economy, and together with the deputies we have already begun to implement this task. Last week we submitted an initiative to the State Duma, and today the draft law was adopted in the first reading. Such efficiency proves that we and the deputies see the goal of regulation in the same way. This is the protection of the rights and interests of our citizens: buyers, sellers, owners of order pick-up points and, in general, all participants in the platform economy," commented Deputy Prime Minister – Chief of Staff of the Government of Russia Dmitry Grigorenko.

The main focus of the developed regulation is on intermediary digital platforms that combine information about goods and services, allow transactions and payments, noted Maxim Reshetnikov, Minister of Economic Development of Russia, in a report to the lower house of parliament. A unified conceptual apparatus is also introduced, the rights and obligations of platform operators, sellers, buyers and service providers are clearly defined.

"Over the past four years, online sales have quadrupled, and their share in retail trade has reached 15%. About 80% of Internet users access platforms every month – 6 billion orders were placed in 2024. Business is actively moving online: today, more than a million sellers work on platforms, and 80% of them are representatives of small and medium businesses," Maxim Reshetnikov emphasized.

The new regulation will increase trust in the platform economy. Every day, more than half of the country's population becomes buyers, sellers, and orders various services through platforms – from grocery delivery to taxi rides, the minister emphasized.

A number of measures are aimed at increasing the responsibility of platforms to buyers. Now operators are required to check data on sellers through the public services portal and official registers. Product cards without safety confirmation (labeling, certification or declaration of conformity) will not be published. Additionally, requirements for the storage of goods are established, including compliance with sanitary standards.

Agreements between operators and sellers must include clear grounds for sanctions, changes in the position of the product card in search results, the procedure for changing prices and calculating the operator's remuneration for providing services. Platform operators, in turn, are required to notify partners of changes in essential conditions at least 45 days in advance. Fines and blocking are possible only after a reasonable notice of three days. The use of discounts at the expense of the seller is allowed only with his consent, which can be revoked at any time. Also, platforms are required to provide reconciliation statements of mutual settlements upon request within seven days and update them monthly.

"Such detailing will make it easier for businesses to defend their rights. Moreover, it will be possible to resolve disputes with platforms not only through the courts, but also out of court. For this purpose, a special system will become mandatory on platforms, through which a compromise can be found with the operator," Maxim Reshetnikov emphasized, adding that initiatives of State Duma deputies, as well as proposals from businesses, industry associations and experts, were taken into account when developing the bills. This made it possible to create a balanced regulatory system that will contribute to the sustainable development of the platform economy.

Digital platforms are a fast-growing segment of the economy, and its regulation requires a serious, balanced approach, says Denis Kravchenko, First Deputy Chairman of the State Duma Committee on Economic Policy.

"Today, the State Duma supported the bill on the platform economy in the first reading. We have been working on this bill together with the government for over a year. During its preparation, the text of the law underwent significant changes taking into account the position of market players, the expert community and deputies. Yesterday, the bill was unanimously supported by deputies of the Committee on Economic Policy. Today, during the discussion, consolidated support was also born. This is very important for us. This is a new sector of the economy, which will be defined in the near future. It is growing rapidly, so it requires serious legislative regulation. We will finalize the text for the second reading," Denis Kravchenko commented.

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.