Financial news: On October 15, 2025, the Moscow Small Business Lending Assistance Fund will hold a deposit auction.

Translation. Region: Russian Federation –

Source: Moscow Exchange – Moscow Exchange –

An important disclaimer is at the bottom of this article.

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.

CategoriesEconomics, MIL-OSI, Moscow, Russia, Russian Economy, Russian Federation, Russian Language, Moscow Exchange, University life /

Post navigation

Archives

Parameters
Date of the deposit auction October 15, 2025
Placement currency RUB
Maximum amount of funds placed (in placement currency) 130,000,000
Accommodation period, days 97
Date of deposit October 15, 2025
Refund date January 20, 2026
Minimum interest rate for placement, % per annum 16
Conditions of imprisonment, urgent or special Urgent
Minimum amount of funds placed per application (in placement currency) 130,000,000
Maximum number of applications from one Participant, pcs. 1
Auction form, open or closed Open
Basis of the Treaty General Agreement
Schedule (Moscow time)
Preliminary applications from 10:30 to 10:40
Applications in competition mode from 10:40 to 10:45
Setting a cut-off percentage or declaring the auction invalid until 11:00
Additional terms and conditions Placement of funds with the possibility of early withdrawal of the entire deposit amount and payment of interest accrued on the deposit amount at the rate established by the deposit transaction, in the event of the Bank's non-compliance with the requirements established by paragraph 2.1. of the Regulation "On the procedure for selecting banks for placing funds of the Moscow Small Business Lending Assistance Fund in deposits (deposits) under the GDS" (as amended on the date of the deposit transaction), early withdrawal at the "on demand" rate, interest payment monthly, on the last business day of the month, without replenishment

The government has expanded the list of activities implemented within the framework of the state program "Construction"

Translation. Region: Russian Federation –

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

An important disclaimer is at the bottom of this article.

Order No. 2849-r of October 14, 2025

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: Inclusion in the Unified Register of Investment Advisors (out-of-the-box solution for financial institutions)

Translation. Region: Russian Federation –

Source: Central Bank of Russia

An important disclaimer is at the bottom of this article.

Members of the management bodies and employees cannot be (paragraph 1 of Article 10.1 of Law No. 39-FZ):

Persons who acted as the sole executive body at the time the organization committed violations for which licenses for the relevant types of activities were cancelled (revoked), or violations for which the said licenses were suspended and the said licenses were cancelled (revoked) due to failure to correct these violations, if less than three years have passed from the date of such cancellation (revocation). Persons who acted as the head of a branch of a foreign insurance organization at the time the organization committed violations in the activities of such branch for which the foreign insurance organization's license to conduct insurance activities was revoked, or violations for which the said license was suspended and the said license was revoked due to failure to correct these violations, if less than three years have passed from the date of such revocation. Persons in respect of whom the period during which they are considered subject to an administrative penalty in the form of disqualification has not expired. Persons who have an unremoved or outstanding criminal record for committing an intentional crime.

The founders (participants) cannot be (clause 1 of Article 10.1-2 Law No. 39-FZ):

individuals who have an unremoved or unexpunged conviction for committing an intentional crime.

Requirements for the organizational and legal form (clause 1 of Article 10.1-1 Law No. 39-FZ):

business company; a legal entity created in a different organizational and legal form (in cases stipulated by federal laws).

To the internal control system – paragraph 2 of Article 10.1-1 Law No. 39-FZ

To the risk management system – paragraph 4 of Article 10.1-1 Law No. 39-FZ

Measures to identify conflicts of interest – paragraph 5 of Article 10.1-1 Law No. 39-FZ

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: Inclusion in the Unified Register of Investment Advisors (ERIS) (out-of-the-box solution)

Translation. Region: Russian Federation –

Source: Central Bank of Russia

An important disclaimer is at the bottom of this article.

Members of the management bodies and employees cannot be (paragraph 1 of Article 10.1 of Law No. 39-FZ):

Persons who acted as the sole executive body at the time the organization committed violations for which licenses for the relevant types of activities were cancelled (revoked), or violations for which the said licenses were suspended and the said licenses were cancelled (revoked) due to failure to correct these violations, if less than three years have passed from the date of such cancellation (revocation). Persons who acted as the head of a branch of a foreign insurance organization at the time the organization committed violations in the activities of such branch for which the foreign insurance organization's license to conduct insurance activities was revoked, or violations for which the said license was suspended and the said license was revoked due to failure to correct these violations, if less than three years have passed from the date of such revocation. Persons in respect of whom the period during which they are considered subject to an administrative penalty in the form of disqualification has not expired. Persons who have an unremoved or outstanding criminal record for committing an intentional crime.

The founders (participants) cannot be (clause 1 of Article 10.1-2 Law No. 39-FZ):

individuals who have an unremoved or unexpunged conviction for committing an intentional crime.

Requirements for the organizational and legal form (clause 1 of Article 10.1-1 Law No. 39-FZ):

business company; a legal entity created in a different organizational and legal form (in cases stipulated by federal laws).

To the internal control system – paragraph 2 of Article 10.1-1 Law No. 39-FZ

To the risk management system – paragraph 4 of Article 10.1-1 Law No. 39-FZ

Measures to identify conflicts of interest – paragraph 5 of Article 10.1-1 Law No. 39-FZ

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: On October 15, 2025, JSC KAVKAZ.RF will hold a deposit auction.

Translation. Region: Russian Federation –

Source: Moscow Exchange – Moscow Exchange –

An important disclaimer is at the bottom of this article.

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.

CategoriesEconomics, MIL-OSI, Moscow, Russia, Russian Economy, Russian Federation, Russian Language, Moscow Exchange, University life /

Post navigation

Archives

Parameters
Date of the deposit auction October 15, 2025
Placement currency RUB
Maximum amount of funds placed (in placement currency) 100,000,000
Accommodation period, days 32
Date of deposit October 16, 2025
Refund date November 17, 2025
Minimum interest rate for placement, % per annum 16.65
Conditions of imprisonment, urgent or special Urgent
Minimum amount of funds placed per application (in placement currency) 100,000,000
Maximum number of applications from one Participant, pcs. 1
Auction form, open or closed Open
Basis of the Treaty General Agreement
Schedule (Moscow time)
Preliminary applications from 12:30 to 12:40
Applications in competition mode from 12:40 to 12:45
Setting a cut-off percentage or declaring the auction invalid until 12:55
Additional terms and conditions

Financial news: 15.10.2025, 12-03 (Moscow time) the values of the upper limit of the price corridor and the range of market risk assessment for the security RU000A0JVXS5 (RESOLizB04) were changed.

Translation. Region: Russian Federation –

Source: Moscow Exchange – Moscow Exchange –

An important disclaimer is at the bottom of this article.

October 15, 2025, 12:03 PM

In accordance with the Methodology for determining the risk parameters of the stock market and the deposit market of PJSC Moscow Exchange by the NCC (JSC) on 15.10.2025, 12-03 (Moscow time), the values of the upper limit of the price corridor (up to 123.29) and the range of market risk assessment (up to 1518.1 rubles, equivalent to a rate of 37.5%) for the security RU000A0JVXS5 (RESOLizB04) were changed.

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.

Taking biometrics to the next level: VTB to launch palm-based payments

Translation. Region: Russian Federation –

Source: Mainfin Bank –

An important disclaimer is at the bottom of this article.

What is known about VTB's palm-based payment technology?

VTB is proposing to identify customers using palm scans through updated payment terminals – the technology is intended to become an alternative to biometrics. Users will be able to pay with their palms using the following method:

The customer places their hand over the IR sensor on the terminal. The system analyzes their unique fingerprint, including the pattern of capillaries. The bank identifies the customer and finds the card selected for payment. The funds are debited—the entire process takes 10-15 seconds.

It is expected that biometric data will be stored in the Unified Biometric System, and for widespread adoption of the technology, the bank will need to upgrade its acquiring terminals. The exact launch date for palm payments has not yet been set.

Which other banks are implementing biometric technologies in payment services?

The rapid development of biometric payments in Russia began amid the imposition of Western sanctions, which limited contactless payments, causing difficulties for clients. Biometric technologies are already in use at several Alfa-Bank branches, where palm-scan access to safe deposit boxes has been available since 2018, but the technology is only available at the flagship branch.

"Russian banks have managed to resolve the issue of blocked payment apps on iOS. For example, T-Bank clients can now pay via T-Pay, and Sber has launched Bluetooth payments," the expert noted.

Sberbank also launched a biometric smile payment platform in 2023; this service will be available to clients of other banks starting in late 2024. Sberbank also announced the introduction of hand-scan payments through Finpolis. To implement this project, the bank will no longer need to update its terminals or connect to the Unified Biometric System (UBS) to store biometric data. Biometric technologies are also being developed in other countries; for example, in China, you can now pay for a subway ticket with your palm.

10:00 10/14/2025

Source:

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: Establishing an Insurance Company as an LLC

Translation. Region: Russian Federation –

Source: Central Bank of Russia

An important disclaimer is at the bottom of this article.

1. Study the necessary federal laws and regulations.

2. Check the organization's compliance with the requirements for authorized capital.

To do this, follow these guidelines: By Bank of Russia Instruction No. 6171-U dated June 28, 2022 "On establishing a list of documents confirming compliance with the requirements for the authorized capital of an insurance organization, a list of documents confirming the sources of origin of property contributed by founders (shareholders, participants) of an applicant for a license to carry out insurance and (or) reinsurance to the authorized capital, and requirements for such information and documents."

Minimum authorized capital Types of insurance activities
300,000,000 rubles Voluntary personal insurance, with the exception of voluntary life insurance and/or voluntary property insurance and/or other types of insurance provided for by federal laws on specific types of compulsory insurance.
450,000,000 rubles Voluntary life insurance or voluntary life insurance and voluntary personal insurance, excluding voluntary life insurance.
600,000,000 rubles Reinsurance, as well as insurance in combination with reinsurance.
120,000,000 rubles For insurance companies providing exclusively compulsory medical insurance.

3. Check officials for compliance with legal requirements.

The list of persons, as well as qualification and other requirements for these persons are provided for in Article 32.1 Law No. 4015-1.

To perform the check, we recommend using:

4. Select a unique name and include it in the legal entity's charter and the Unified State Register of Legal Entities.

To check the names already in use, we recommend using unified state register of insurance entities. It is also necessary to comply with the naming requirements specified in Article 4.1. Law No. 4015-1.

The name must contain The organizational and legal form of the insurance entity.
The type of activity of the subject of the insurance business using the words “insurance”, “reinsurance”, and derivatives of these words.
A designation that individualizes the subject of insurance business.
An indication that the joint-stock company is public (for public joint-stock companies).

In the event that the insurance supervisory authority refuses to issue a license or returns an application for a license, a legal entity whose name contains the words “insurance,” “reinsurance,” or their derivatives is required to exclude them from its name and make appropriate changes to its charter or resubmit the documents within 90 working days from the date of the relevant decision.

5. Pay the state fee for performing legally significant actions.

The state duty amount is 7,500 rubles.Details for payment of state duty

In order to minimize errors when entering information, we recommend using Payment order designer.

6. Activate personal account of an information exchange participant and send a set of documents to the Bank of Russia.

7. Obtain a license to carry out insurance and reinsurance.

When making a decision on issuing a license, information about the subject of the insurance business is entered intoUnified State Register of Insurance EntitiesThe license is valid from the day following the day the Bank of Russia makes a decision to issue it.

The license for insurance and reinsurance in the form of an extract is sent through the personal account.

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: 14.10.2025, 12-09 (Moscow time) the values of the upper limit of the price corridor and the range of market risk assessment for the security RU000A105DN0 (FSC RS BO6) were changed.

Translation. Region: Russian Federation –

Source: Moscow Exchange – Moscow Exchange –

An important disclaimer is at the bottom of this article.

October 14, 2025, 12:09 PM

In accordance with the Methodology for determining the risk parameters of the stock market and deposit market of PJSC Moscow Exchange by the NCC (JSC) on 14.10.2025, 12-09 (Moscow time), the values of the upper limit of the price corridor (up to 99.15) and the range of market risk assessment (up to 1075.36 rubles, equivalent to a rate of 17.5%) of the security RU000A105DN0 (FSC RS BO6) were changed.

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.

Dmitry Chernyshenko: Over the four seasons of the "Do You Know? Teach It!" popular science video competition, schoolchildren have submitted over 10,000 videos.

Translation. Region: Russian Federation –

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

An important disclaimer is at the bottom of this article.

On October 14, 2025, the fifth anniversary season of the "Do You Know? Teach It!" competition kicked off. The competition allows schoolchildren to establish themselves as future young scientists, showcase their talents as science communicators, and showcase their projects and ideas. Winners will receive exciting trips, modern technology, and additional points for applicants from one of the country's leading universities.

"'Do You Know? Teach Us!' is one of the key projects of the Decade of Science and Technology, announced by President Vladimir Putin. This year marks the launch of the fifth season. Over the past four seasons, schoolchildren have submitted over 10,000 videos. Thanks to 'Do You Know? Teach Us!', a community of young enthusiasts willing to share knowledge and inspire others to learn is growing. It also creates conditions for realizing each person's potential and developing their talents—a national goal set by our head of state," noted Deputy Prime Minister Dmitry Chernyshenko.

The "Do You Know? Teach It!" science video competition has been bringing together schoolchildren aged 6 to 18 from across the country for five years now, giving them the opportunity to share their knowledge and explain complex topics in simple and engaging language.

Participants will create their own videos under the guidance of experienced mentors of their choice. The goal of the competition is to popularize scientific knowledge and encourage school students to use modern, high-tech tools and methods to bring their creative ideas to life. Participants must record a video between 1 and 3 minutes long, publish it on the website nauchi.nauka.rf, and wait for the results to be published on April 13, 2026.

This year, new partners have joined the competition, and finalists will receive not only prizes but also additional points toward admission to the Patrice Lumumba Peoples' Friendship University of Russia (RUDN University). Videos must be submitted in one of the categories. The first stage of the competition—submissions—will run until March 1, 2026.

"The 'Do You Know? Teach It!' competition is shaping a new generation of science communicators. Inspired by their participation, many schoolchildren begin regularly watching popular science videos and creating their own content. The students' genuine engagement provides additional impetus for the popularization of modern science, and for some, it even helps them choose their future profession. During the Decade of Science and Technology, we emphasize creativity and simplicity of presentation. Science shouldn't be boring, and the competition participants prove it," noted Sofia Malyavina, General Director of the National Priorities NGO.

Young researchers can submit their videos in 6 thematic categories:

"A Digital View of the Planet: Satellites and Drones" (nomination partner: Geoscan Group). To participate, you must record a video about how modern unmanned aerial vehicles and space satellites help us study the Earth.

"Smart Materials in Future Cities" (SIBUR). The nomination invites videos about new materials that make life more convenient, safer, and more environmentally friendly.

· "Engine Building" (JSC "United Engine Corporation"). Schoolchildren who choose to participate in this category will be required to record videos about aircraft engine building, highlighting how knowledge of school subjects such as mathematics and physics helps engineers in their work, as engineers, designers, and mechanics play a key role in aircraft creation.

"Device of the Future: From Concept to Design" (All-Russian public-state movement of children and youth "Movement of the First"). Participants in the nomination must invent their own gadget from the future and, in a video, describe its operating principle in detail and provide a scientific justification.

"Science, History, Man" (Eksmo-AST Publishing Group). The nomination covers the development of science throughout human history, brilliant scientists, and great discoveries that have influenced culture and society.

"An Instructional Guide to Artificial Intelligence That Anyone Can Understand" (Avito). To participate in this category, you must record a video explaining a term or concept related to "Artificial Intelligence."

RUDN University and the Vyzov Foundation are partners in the "Best Mentor" and "Best School" special categories. The winners will be those whose students submit the most videos. The third special category, traditionally "Marathon of Regions," will be awarded to the five regions that have the most children participating in the competition and actively support the information campaign.

All submitted videos will initially be evaluated by a panel of experts, who will check all submissions for compliance with the competition rules and the selected category, assessing their scientific merit and creativity. This will ultimately result in a shortlist of 162 semifinalists: 27 participants in each category.

A jury will select the winners based on four criteria: mastery of the topic and its presentation, originality of concept, visual quality and editing, and presentation. The jury will include scientists, business representatives, and creators of popular science content.

Prizes in each of the five nominations will be awarded in age categories: elementary, middle, and high school. Thus, 18 winners in thematic nominations across three age categories will be selected from among 54 finalists, as well as the titles of "Best Mentor," "Best School," and "Best Region." All winners, including the best mentor and representatives of the best school, will be invited to the awards ceremony.

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.