Category: Central Bank of Russia

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Financial news: Statistics of the national payment system.

Translation. Region: Russian Federation –

Source: Central Bank of Russia

An important disclaimer is at the bottom of this article.

1. Institutional provision of payment services in a territorial context.

2. The number of accounts opened by institutions of the banking system, by territory.

3. Structure of money transfers carried out through the Bank of Russia payment system, broken down by territory.

4. Funds transfers carried out through the Bank of Russia payment system using transfer services, by territory.

5. Average daily, maximum daily and minimum daily quantity and volume of funds transfers of credit institutions carried out through the payment system of the Bank of Russia, by territory.

6. The number of payments made through credit institutions (by payment instruments) by territory.

7. The volume of payments made through credit institutions (by payment instruments) by territory.

8. Structure of money transfers without opening a bank account for the payer – an individual (by territory).

9. The number of accounts with remote access opened in credit institutions, by territory.

10. The number of payments, orders for which were prepared and transmitted electronically by clients of credit institutions and by the credit institution itself, by territory.

11. The volume of payments, orders for which were prepared and transmitted electronically by clients of credit institutions and by the credit institution itself, by territory.

12. The number of payments by clients of credit institutions using payment orders received by credit institutions, by method of receipt, by territory.

13. The volume of payments by clients of credit institutions using payment orders received by credit institutions, by method of receipt, by territorial breakdown.

14. The number of payment cards issued in the region and transactions using them carried out in Russia and abroad, by type of client, by territory.

15. Transactions carried out in the region using payment cards issued by Russian credit institutions, the Bank of Russia and non-resident banks, broken down by territory.

16. Information on devices located within the region and intended for carrying out transactions with and without the use of payment cards, broken down by territory.

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.

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Financial news: Uniform rules for periodic reporting of issuers: initiatives of the Bank of Russia.

Translation. Region: Russian Federation –

Source: Central Bank of Russia

An important disclaimer is at the bottom of this article.

The Bank of Russia intends to enhance the appeal of public issuers' annual reports by establishing uniform rules for their preparation and maximizing their content with useful information for investors. The regulator's initiatives are reflected in in the report following the public discussion of the report "On the optimization of forms of disclosure of periodic information".

First and foremost, it is planned to establish requirements for the structure and content of a company's main document. In it, issuers will discuss not only their current activities but also their future plans. The document will include a chapter on corporate governance, as well as how the company complies with the principles and recommendations of the Corporate Governance Code. Issuers whose securities are included in level one or two quotation lists will disclose information on their commitment to sustainable development goals.

Static information from companies' 6- and 12-month financial statements will migrate to the annual report. For example, general information about operations, the composition of management bodies, information about controlled organizations, shareholders, and more. Issuers will be able to report operational changes through the disclosure of material facts. This will reduce the volume of periodic publications. Furthermore, the timeframe for issuing financial statements will be shortened.

In the near future, the Bank of Russia intends to begin work on digitalizing corporate reporting, which will subsequently reduce the costs of its preparation and disclosure.

Preview photo: Pasuwan / Shutterstock / Fotodom

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.

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Financial news: The grace period for transactions with digital rubles will be in effect until the end of 2026.

Translation. Region: Russian Federation –

Source: Central Bank of Russia

An important disclaimer is at the bottom of this article.

The Bank of Russia adopted solution Extend for one year the period during which companies will not be charged a commission for transactions in digital rubles.

After this, the lowest fees on the payment market will apply. Tariffs have been published. on the Bank of Russia website.

As a reminder, major banks and their client trading companies must provide individuals and businesses with the ability to use digital rubles starting September 1, 2026. For individuals, all transactions with digital rubles, regardless of the grace period, will be free. Furthermore, all users will be able to open or close an account on the digital ruble platform without fees.

Preview photo: Hamara / Shutterstock / Fotodom

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.

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Financial news: Trade surplus widens in Q3.

Translation. Region: Russian Federation –

Source: Central Bank of Russia

An important disclaimer is at the bottom of this article.

In the third quarter of 2025, the positive trade balance was higher than the previous year, due to the fact that imports of goods decreased more than their exports.

The value of exported goods remained below last year's level due to lower global prices for oil, coal and grain, restrictions on oil production, and a reduction in gas transit.

Imports of goods in value terms decreased compared to the third quarter of 2024 due to an increase in recycling fees, import substitution, and a decline in domestic demand.

At the same time, the services balance deficit widened due to faster growth in service imports than in service exports. This was primarily due to increased spending by Russians on international travel.

As a result of the simultaneous widening of the trade surplus and the services deficit, the current account surplus remained close to the level of the same quarter in 2024.

Read more in the quarterly issue Balance of Payments of the Russian Federation.

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.

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Financial news: Requirements for owners, members of management bodies and officials of organizations participating in the financial market.

Translation. Region: Russian Federation –

Source: Central Bank of Russia

An important disclaimer is at the bottom of this article.

The purpose of establishing requirements is to prevent unqualified and unscrupulous persons from gaining control over the activities of financial market participants, as well as to protect the rights and legitimate interests of these participants, their clients and counterparties.

Reference materials, presented in the form of summary tables, will help determine which officials in a specific financial market participant are subject to requirements for business reputation and qualifications, and understand whether the assessment of compliance with these requirements is carried out as part of the approval procedure for a position (requiring the consent of the regulator for appointment (election) to a position) or as part of the procedure for notifying the Bank of Russia of the appointment (election) to a position.

The materials presented also contain information on the existence of requirements for the financial position and business reputation of the owners of financial market participants.

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.

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Financial news: Insurance rates for most types of transportation may be reduced.

Translation. Region: Russian Federation –

Source: Central Bank of Russia

An important disclaimer is at the bottom of this article.

The Bank of Russia proposes to reduce the minimum tariff corridor for compulsory civil liability insurance of carriers to passengers (CLI) for intercity and suburban bus transportation by 30%, and for charter and regular urban bus transportation by 20% and 10%, respectively.

Draft instruction It also provides for a reduction in the lower limit of the tariff for transportation by sea and suburban rail by 40%, and for transportation by helicopters, trolleybuses, water transport and long-distance rail by 30%.

Tariff values for transportation by other modes of transport remain unchanged.

The regulator's proposals are based on monitoring results. tariffs for compulsory motor third party liability insurance.

Preview photo: Hodim / Shutterstock / Fotodom

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.

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Financial news: The Bank of Russia has identified key conditions for the further development of artificial intelligence in the financial market.

Translation. Region: Russian Federation –

Source: Central Bank of Russia

An important disclaimer is at the bottom of this article.

In Russia, one in five financial market organizations is already using artificial intelligence (AI). Another third plan to implement it into their business processes within three years. These are the results of a Bank of Russia survey presented in a new report. advisory report.

The Bank of Russia continues to adhere to a risk-oriented and technology-neutral approach to AI and aims to create favorable conditions for its development. The report notes that trust in the technology and data accessibility are key factors.

Compliance monitoring Code of Ethics for the Development and Application of AI in the Financial Market, the development of methods for using its individual provisions, and the creation of a collection of best practices for the application of AI—all of this will contribute to increased trust in the technology.

To improve data accessibility, the Bank of Russia proposes exploring the creation of dedicated platforms for market participants to voluntarily exchange data and jointly develop AI models (trusted intermediaries). The report also proposes discussing the potential for using data privacy-enhancing technologies in the Russian financial market.

The discussion of the report will continue until December 30th inclusive. Comments and suggestions can be sent to ay_report@kbr.ru.

Preview photo: Yurchanka Siarhei / Shutterstock / Fotodom

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.

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Financial news: Individual investment accounts are gaining popularity.

Translation. Region: Russian Federation –

Source: Central Bank of Russia

An important disclaimer is at the bottom of this article.

In the third quarter of 2025, the number of individual investment accounts (IIAs) increased by 72,000 to reach 6.3 million. Investors significantly increased their IIA contributions, primarily choosing Russian bonds and money market funds for investment.

Net inflow of funds into individual investment accounts (IIAs) amounted to 59 billion rubles, the highest level since the beginning of the year. Significant contributions and positive revaluation of Russian bonds led to an increase in IIA portfolios to 753 billion rubles.

Open-end mutual funds with tax benefits are gradually growing in popularity. This collective investment vehicle is attractive to investors who previously opted for standard trust management strategies.

Read more in the article "Trends in the Individual Investment Accounts Segment in Q3 2025".

Preview photo: Peter Milto / Shutterstock / Fotodom

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.

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Financial News: The "Cosmos" Series: First Photos of the Surface of Venus (November 14, 2025)

Translation. Region: Russian Federation –

Source: Central Bank of Russia

An important disclaimer is at the bottom of this article.

In 1975, the Venera 9 and Venera 10 spacecraft landed on the second planet from the Sun and transmitted the first photographs of its surface to Earth.

On November 17, 2025, the Bank of Russia will issue a commemorative silver coin of 3 rubles denomination, “50th Anniversary of the Soft Landing of Landing Vehicles on Venus and Obtaining Panoramic Images of the Surface of Venus,” from the “Cosmos” series (catalog no. 5111-0531).

A silver coin with a denomination of 3 rubles (pure precious metal weight – 31.1 g, alloy fineness – 925) has a round shape with a diameter of 39.0 mm.

There is a raised edge around the circumference of both the front and back sides of the coin.

The obverse of the coin features a relief image of the State Emblem of the Russian Federation, along with the inscriptions: "RUSSIAN FEDERATION", "BANK OF RUSSIA", the coin denomination "3 RUBLES", the year of issue "2025", the metal designation according to D.I. Mendeleyev's Periodic Table of Elements, the alloy fineness, the trademark of the St. Petersburg Mint, and the pure weight of the precious metal.

The reverse side of the coin features relief images of the Venera-9 space probe and its descent module against a color image of Venus; the inscriptions around the circumference read "FIRST PHOTOS OF THE SURFACE OF VENUS" and "VENERA-9, -10," and in the central part read "1975."

The side surface of the coin is corrugated.

The coin is made in proof quality.

The mintage of the coin is 3.0 thousand 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.

November 14, 2025, 10:16:18 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.

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Financial News: Financial Ombudsman Tatyana Savitskaya's mandate extended (November 13, 2025)

Translation. Region: Russian Federation –

Source: Central Bank of Russia

An important disclaimer is at the bottom of this article.

On October 24, 2025, the Bank of Russia Board of Directors decided to extend the powers of Tatyana Mikhailovna Savitskaya as Financial Commissioner for the Rights of Consumers of Financial Services in the areas of credit cooperation, insurance, the activities of credit institutions, pawnshops, and non-state pension funds from January 1, 2026.

According to Federal Law No. 123-FZ of June 4, 2018, "On the Financial Services Consumer Rights Commissioner," the financial ombudsman is appointed by the Bank of Russia's Board of Directors, upon the proposal of the Chief Financial Ombudsman, for a term of five years. Tatyana Savitskaya was first appointed to the position of financial ombudsman on January 1, 2021.

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

November 13, 2025, 3:13:00 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.