Financial news: Directions of economic research at the Bank of Russia in 2026-2028.

Translation. Region: Russian Federation –

Source: Central Bank of Russia

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The areas of economic research cover current and promising topics of interest to both the Bank of Russia and other central banks, as well as to the academic community.

Such research allows for a deeper understanding of economic processes, assessment of the causes of current phenomena, risk analysis, and the development of effective policy measures in conditions of uncertainty, structural changes, and the impact of various shocks.

Sharing research priorities opens up broad opportunities for collaboration with external experts and promotes scientific debate based on the highest international standards.

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.

Financial news: Who is most vulnerable to cyber fraud attacks? A Bank of Russia survey.

Translation. Region: Russian Federation –

Source: Central Bank of Russia

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In 2025, women were less likely than men to encounter various types of financial fraud. However, they were more likely to make mistakes under the influence of criminals, leading to theft of funds. This data was obtained by the Bank of Russia through an annual survey of nearly 460,000 people from all regions of the country.

Phone calls remain the primary channel for scammers to communicate with people. However, phishing links, fake QR codes, and malware have increased. The latter method resulted in twice as many losses as phone calls.

Women were more likely to be victims of scammers' phone calls and, as a result, more likely than men to disclose codes from SMS messages and push notifications. Men were more likely to be targeted via messaging apps and scammed on websites and apps. They were more likely than women to download malware and disclose personal and financial information.

Most victims transferred money to the scammers themselves. The average loss was up to 20,000 rubles. The largest proportion of respondents who lost more than 1 million rubles as a result of fraud were pensioners.

According to the survey, 29% of respondents encountered cyber fraud last year, a 5 percentage point decrease from the previous year. A third of those who lost money failed to remember financial security rules when confronted by criminals. The number of victims who reported the theft to both their bank and the police increased to nearly 40%.

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Financial news: Information on applications received for inclusion in the List of self-regulatory organizations of arbitration managers.

Translation. Region: Russian Federation –

Source: Central Bank of Russia

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Came into force on January 11, 2016 Federal Law of July 13, 2015 No. 223-FZ "On self-regulatory organizations in the financial market and on amendments to Articles 2 and 6 of the Federal Law "On Amendments to Certain Legislative Acts of the Russian Federation" (hereinafter referred to as the Law), which regulates the procedure for obtaining the status of a self-regulatory organization in the financial market (hereinafter referred to as SRO), requirements for governing bodies, basic and internal standards for the activities of SROs, as well as relations arising between financial organizations and SROs.

According to Article 26 of the Law, the Bank of Russia maintains a unified register in the financial market, which contains the name of the SRO, the date of the decision on inclusion in the register, the types of activities in relation to which the SRO carries out self-regulation, the TIN, OGRN, address, and a list of SRO members.

According to Article 33 of the Law, self-regulatory organizations uniting credit consumer cooperatives were included in the unified register of self-regulatory organizations in the financial market from the date of entry into force of the Law and were assigned the status of SRO.

The law provides for the obligation for financial organizations listed in Part 1 of Article 3 of the Law to become a member of one of the self-regulatory organizations within one hundred and eighty days from the date the non-profit organization receives the status of a self-regulatory organization in the financial market in relation to the type of activity carried out by the financial organization.

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.

Financial news: Consumer satisfaction with payment services: The Bank of Russia conducts a survey.

Translation. Region: Russian Federation –

Source: Central Bank of Russia

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The Bank of Russia invites citizens and business representatives to evaluate satisfaction instruments available on the payment market.

Citizens are offered answer the questions About the convenience and simplicity of their preferred payment methods for utilities, education, groceries, even scooter rentals, and fines. In these cases, consumers choose a bank card, a mobile app, biometrics, a QR code, an e-wallet, and so on.

Feedback from businesses will help identify preferences for cashless payment methods, assess satisfaction with commission rates for various instruments, and analyze a number of other aspects.

The survey results will help us better understand user expectations, identify areas for development, and will be taken into account when working with market participants to improve the quality of payment services.

The survey will run from February 16 to March 17 with the support of industry associations. The results will be published in the summer of 2026.

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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.

Financial news: The Bank of Russia has calculated the amount of foreign participation in the authorized capital of credit and insurance organizations.

Translation. Region: Russian Federation –

Source: Central Bank of Russia

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The share of foreign capital in the total authorized capital of credit institutions licensed to conduct banking operations, as of January 1, 2026 (5.86% as of January 1, 2025), and in the total authorized capital of insurance companies, it was 3.16% (3.69% as of January 1, 2025). The Bank of Russia calculates and publishes this indicator annually in accordance with legal requirements.

Foreign investments calculated to determine the size of participation in the total authorized capital of credit institutions amounted to 199.551 billion rubles, their total authorized capital was 3,417.159 billion rubles.

Foreign investments calculated to determine the size of participation in the total authorized capital of insurance organizations amounted to 8.384 billion rubles, their total authorized capital was 265.504 billion rubles.

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Financial News: MacroHack: The Bank of Russia's Intensive Training Course for University Students and Graduates

Translation. Region: Russian Federation –

Source: Central Bank of Russia

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From March 10 to April 14, the Bank of Russia will hold the MacroHack intensive training course for students and graduates of Russian universities interested in macroeconomics, analytics, and data science.

The intensive course includes a series of five online webinars on macroeconomics and monetary policy, the "Knowledge Lab," and a hackathon featuring an analytical case study from the Bank of Russia. To participate in the hackathon, you must first complete the "Knowledge Lab" course and receive a certificate.

The first stage of the hackathon will be held online from April 4 to 12, with the final round and solution defense taking place on April 14 in Moscow. Participants will work with derivatives on Russian interest rates: determining market expectations based on quotes and using the results to solve problems at the intersection of macroeconomic analysis, monetary policy, and financial mathematics.

Submit application for participation Participation in the intensive course is open until March 9th. Hackathon selection results will be announced by March 24th.

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Financial news: A press conference will be held on February 13 at 3:00 PM to follow the Board of Directors' meeting on monetary policy.

Translation. Region: Russian Federation –

Source: Central Bank of Russia

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

Elvira Nabiullina will make a statement on monetary policy and the medium-term forecast.

The press conference will be held at the Bank of Russia's press center. A broadcast of the speech will be available on our website and channel in Telegram, as well as on the official page in VKontakte.

Accreditation for journalists runs until 17:00 on February 11 at the following address: media@kbr.ru.

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Financial news: Clarifications: Questions regarding the compilation and submission of internal accounting data to the Bank of Russia in XBRL-CSV format.

Translation. Region: Russian Federation –

Source: Central Bank of Russia

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Updated: February 6, 2026

Section 1 contains information on brokerage or trust management agreements under which services are provided to clients, as well as other agreements, information on which, in the opinion of the reporting organization, must be reflected in connection with the reflection of information in Sections 2–11 of the Information.

In the event of a change in the terms of concluded contracts, including the terms described in paragraphs 2.14–2.25 of the Procedure, information about such fact is reflected in Section 1 as a separate line indicating the date of amendments to the terms of the contract for the group of analytical features “Date of entry into force of the terms of the contract”.

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Financial news: 3 million companies now accept payments via the Fast Payment System (SBP).

Translation. Region: Russian Federation –

Source: Central Bank of Russia

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In 2025, the number of businesses accepting payments for goods and services through the Faster Payment System (FPS) increased by 36%. People began using this cashless payment method more frequently: from January to December, the number of payments exceeded 5 billion, a 1.4-fold increase.

Transfers between citizens remained the most popular operation in the system, with approximately 35 million transactions occurring daily.

Companies have increasingly begun to use the Fast Payment System (FPS), including for transferring payments from insurers and brokers. As a result, such transfers increased 1.2-fold in number and 1.7-fold in value last year.

In 2025, Russians conducted 18.3 billion transactions worth 103 trillion rubles through the FPS. Read more in analytics Bank of Russia.

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Financial news: Citizens bought record volumes of OFZs and corporate bonds in 2025.

Translation. Region: Russian Federation –

Source: Central Bank of Russia

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Retail investors actively invested in the bond market in 2025, with yields among the highest for the year. Individuals purchased OFZs and corporate bonds worth a record 490 billion and 1.26 trillion rubles, respectively (compared to 196 billion and 551 billion rubles in 2024).

Besides bonds, gold, ruble deposits, and money market funds were among the top performers last year. Foreign currency deposits and cryptocurrencies showed the lowest returns.

Retail investors also became the largest buyers of shares on the secondary market in 2025, with net purchases amounting to 142 billion rubles.

At the same time, the population purchased foreign currency for approximately the same amount as the year before – 1.12 trillion rubles.

Read more in the next issue. Review of Financial Market Risks.

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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.