Take special control – the State Duma is concerned about migrant transfers

Translation. Region: Russian Federal

Source: Mainfin Bank –

An important disclaimer is at the bottom of this article.

Why do MPs want to limit migrants' money transfers?

The appeal of deputies to the Bank of Russia with a proposal to limit transfers by foreigners is due to the lack of effective legislative measures that would allow controlling the income of migrants. Legislators cite several reasons for introducing restrictions:

Foreigners transfer amounts from Russia that are significantly higher than their official incomes; the percentage of unofficial employment with salaries “in envelopes” remains high in the country – the budget does not receive enough taxes; migrant transfers are one of the channels for the withdrawal of capital obtained by criminal means; the lack of control leads to negative economic and social consequences for the country.

“The majority of migrants do not pay any taxes in Russia, but they take large sums out of the country: last year alone, over 14 billion dollars were sent to Kyrgyzstan and Uzbekistan – essentially, this is black cash,” MP Sergei Mironov previously stated.

The fight against illegal employment and money laundering are the key reasons why authorities want to introduce legislative restrictions on transfers.

What restrictions for migrants does the State Duma propose to introduce?

Deputies proposed to limit the amount of migrant transfers – foreigners will be able to send home funds not exceeding the amount of their own salary. If a migrant wants to transfer an amount greater than their official salary, the bank will be forced to request a declaration that will confirm the legality of the income received.

The government also proposed increasing a number of duties related to migration registration and taxing money transfers made by foreigners. Deputies recalled that last year alone, the number of foreigners in Russia increased by 9.5 million people, and another 700,000 migrants are in the country illegally.

09:00 08/26/2025

Source:

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Financial news: 08/26/2025, 18-42 (Moscow time) the values of the upper limit of the price corridor and the range of market risk assessment for the security RU000A105M67 (CherkizB1P6) were changed.

Translation. Region: Russian Federal

Source: Moscow Exchange – Moscow Exchange –

An important disclaimer is at the bottom of this article.

08/26/2025

18:42

In accordance with the Methodology for determining the risk parameters of the stock market and deposit market of Moscow Exchange PJSC by NCO NCC (JSC) on August 26, 2025, 18:42 (Moscow time), the values of the upper limit of the price corridor (up to 102.85) and the range of market risk assessment (up to 1128.98 rubles, equivalent to a rate of 20.0%) of the security RU000A105M67 (CherkizB1P6) were changed.

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: Corporate Lending, Mortgages See Slight Recovery in July

Translation. Region: Russian Federal

Source: Central Bank of Russia –

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The population's mortgage debt (including the mortgage portfolio and securitized loans), according to preliminary data, increased by 0.7% (0.6% in June), which is comparable to the average monthly increase for the first half of 2024. The volume of mortgage issuances for the month increased by 15%.

The consumer loan portfolio continued to shrink, by 0.5% according to preliminary data, after a 0.8% decrease in June. Interest rates on them are still high, although they are gradually decreasing.

The banking sector's claims on companies (including bond investments) increased by 1.1% (0.9% the previous month). About a third of the increase came from housing developers.

The growth rate of household funds in banks is comparable to the previous month: 1.3% after 1.5% in June. Legal entities' funds increased by a significant 1.4% (-0.2% in June), which is partly explained by the advance payment of government contracts.

The sector's profit (RUB 397 billion) remained at the June level (RUB 392 billion minus dividends from Russian subsidiary banks).

Read more in the information and analytical material "On the development of the banking sector of the Russian Federation in July 2025".

Preview photo: Valentin Antonov / TASS

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Marat Khusnullin held a meeting with the Governor of the Kaliningrad Region Alexey Besprozvannykh

Translation. Region: Russian Federal

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

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Marat Khusnullin held a meeting with the Governor of the Kaliningrad Region, Alexey Besprozvannykh.

Deputy Prime Minister Marat Khusnullin held a working meeting with the Governor of the Kaliningrad Region Alexey Besprozvannykh, during which the parties discussed key issues of the socio-economic development of the region.

"The Kaliningrad Region maintains a good pace of development. I can say that it is doing well in road construction. 92.8% of the road network in urban agglomerations, 58.4% of regional roads and 87.6% of federal roads have been brought to standard condition. The region is implementing an important project of the Primorsky Ring, which, among other things, involves the creation of a northern bypass of Kaliningrad. In addition, the drawbridge across the Pregolya River on the Kaliningrad-Sovetsk railway is being reconstructed," said Marat Khusnullin.

The Deputy Prime Minister added that since 2019, about 66 thousand square meters of emergency housing have been resettled in the Kaliningrad Region, thereby improving the living conditions of more than 4.3 thousand people. In addition, work is underway to modernize the communal infrastructure. A treasury infrastructure loan of 4.2 billion rubles was approved for the reconstruction of wastewater treatment facilities in Kaliningrad.

Marat Khusnullin also noted that a large-scale project to create a cultural, educational and museum complex is being successfully implemented in Kaliningrad. It provides for the construction of modern exhibition venues, theater stages, creative educational institutions and housing for students and employees. Among the commissioned facilities is a branch of the Tretyakov Gallery, which opened on June 12, Russia Day.

The new building of the World Ocean Museum "Planet Ocean" with an area of over 10 thousand square meters is also already functioning. The construction of the large facility was carried out by the forces of the PPK "Unified Customer".

In addition, the creation of the Kantiana university campus on the basis of the Immanuel Kant Baltic Federal University is ongoing. In total, six modern academic buildings and two dormitories for 2.5 thousand people with co-working spaces, a fitness zone, a food court and recreational areas will be built on the campus.

"A very constructive and productive meeting took place. Such attention and assistance from the federal government allow us to confidently solve strategic tasks to improve transport infrastructure and enhance the quality of life of people," noted Kaliningrad Region Governor Alexey Besprozvannykh.

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.

Vitaly Savelyev took part in the official ceremony of welcoming the 100 millionth passenger of Pobeda Airlines

Translation. Region: Russian Federal

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

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The Vnukovo International Airport hosted a ceremony to welcome the 100 millionth passenger of Pobeda Airlines. It was Anastasia Krylova, who flew from Vnukovo to Kaliningrad.

The event was also attended by Minister of Transport Andrey Nikitin, Head of Rosaviatsia Dmitry Yadrov, and General Director of PJSC Aeroflot Sergey Aleksandrovsky.

Today, Pobeda Airlines ranks second in terms of air transportation volume in Russia. The route network covers more than 100 destinations, half of which are regional, bypassing the capital. On 15 routes, Pobeda is currently the only air carrier. The airline demonstrates record indicators: the average flight load is 95%, and on many routes the load reaches 100%. Pobeda planes spend up to 14 hours a day in the air, and on the ground, thanks to unique technology, the aircraft servicing time between flights is only 25 minutes.

"Pobeda Airlines has made the sky truly accessible to millions of Russians, connecting remote regions and giving people new cities and resorts. It has become a reliable and predictable transport partner. Welcoming the 100 millionth passenger of Pobeda Airlines is a landmark event for domestic civil aviation, symbolizing the efficiency and success of the airline. Pobeda's unique concept is based on high flight safety and punctuality, flexible fares and strict compliance by passengers with special transportation rules. All this allows us to reduce the cost of a flight hour and offer passengers more tickets at favorable prices. This proves that Pobeda successfully fulfills its mission: "We inspire travel by making flights affordable," said Vitaly Savelyev.

"Pobeda has fully justified its name – it is a successful airline that demonstrates outstanding results. Everyone can follow its example! Including other global low-cost airlines," added Transport Minister Andrey Nikitin.

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Financial news: On holding auctions on August 27, 2025 to place OFZ issues No. 26238RMFS and No. 26249RMFS

Translation. Region: Russian Federal

Source: Moscow Exchange – Moscow Exchange –

An important disclaimer is at the bottom of this article.

For bidders

We inform you that, based on the letter of the Bank of Russia and in accordance with Part I. General Part and Part II. Stock Market Section of the Rules for Conducting Trading on the Stock Market, Deposit Market and Credit Market of Moscow Exchange PJSC, the order establishes the form, time, term and procedure for holding auctions for the placement and trading of the following federal loan bonds:

1.

Name of the Issuer Ministry of Finance of the Russian Federation
Name of security federal loan bonds with constant coupon income
State registration number of the issue 26238RMFS from 11.06.2021
Date of the auction August 27, 2025
Information about the placement (trading mode, placement form) The placement of Bonds will be carried out in the Trading Mode “Placement: Auction” by holding an Auction to determine the placement price.BoardId: PACT(Settlements: Ruble)
Trade code SU26238RMFS4
ISIN code RU000A1038V6
Calculation code B01
Additional conditions of placement The share of non-competitive bids in relation to the total volume of bids submitted by the Bidder may not exceed 90%.
Trading time Trading time: period for collecting applications: 12:00 – 12:30; period for satisfying applications: 13:00 – 18:00.

2.

Name of the Issuer Ministry of Finance of the Russian Federation
Name of security federal loan bonds with constant coupon income
State registration number of the issue 26249RMFS from 20.06.2025
Date of the auction August 27, 2025
Information about the placement (trading mode, placement form) The placement of Bonds will be carried out in the Trading Mode “Placement: Auction” by holding an Auction to determine the placement price.BoardId: PACT(Settlements: Ruble)
Trade code SU26249RMFS1
ISIN code RU000A10BVC8
Calculation code B01
Additional conditions of placement The share of non-competitive bids in relation to the total volume of bids submitted by the Bidder may not exceed 90%.
Trading time Trading time: period for collecting applications: 14:30 – 15:00; period for satisfying applications: 15:30 – 18:00.

Contact information for media 7 (495) 363-3232Pr@moex.kom

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Financial news: On the failed placement of bonds of the KS-4-1027 series of VTB Bank (PJSC)

Translation. Region: Russian Federal

Source: Moscow Exchange – Moscow Exchange –

An important disclaimer is at the bottom of this article.

For bidders

PAO Moscow Exchange hereby informs that the placement of Exchange-traded discount non-convertible book-entry bonds of the KS-4-1027 series, ISIN – RU000A10CKP1, issue registration number 4B02-1027-01000-B-005P dated 09.07.2025 of VTB Bank (PAO) on 26.08.2025 will not take place, submission of applications and execution of transactions is not allowed.

Contact information for media 7 (495) 363-3232Pr@moex.kom

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: 08/27/2025 JSC “SME Corporation” will hold a deposit auction.

Translation. Region: Russian Federal

Source: Moscow Exchange – Moscow Exchange –

An important disclaimer is at the bottom of this article.

Parameters;

Date of the deposit auction 08/27/2025. Placement currency RUB. Maximum amount of funds placed (in the placement currency) 780,000,000. Placement term, days 45. Date of depositing funds 08/29/2025. Date of return of funds 10/13/2025. Minimum placement interest rate, % per annum 17. Terms of the conclusion, urgent or special (Urgent). Minimum amount of funds placed for one application (in the placement currency) 780,000,000. Maximum number of applications from one Participant, pcs. 1. Auction form, open or closed (Open).

The basis of the Agreement is the General Agreement. Schedule (Moscow time). Preliminary bids from 10:30 to 10:40. Competitive bids from 10:40 to 10:50. Setting the cutoff percentage or declaring the auction invalid before 11:30. Additional terms.

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.

Dmitry Chernyshenko: Registration for the 11th season of the National Technology Olympiad has started in Russia

Translation. Region: Russian Federal

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

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On August 26, the application process for the 11th season of the National Technology Olympiad (NTO) began – the first and largest team engineering competition for schoolchildren and students in Russia. Students in grades 5–11, colleges and universities are invited to participate. Every year, the Olympiad brings together hundreds of thousands of young people, offering more than 40 relevant technology areas. Everyone can choose a profile based on their interests and try their hand at solving real problems.

In the 2025/2026 academic year, the competition will be held in three age categories: NTO Junior for schoolchildren in grades 5–7, the senior track for grades 8–11, and the student track. Registration for grades 5–7 is open until October 13, for grades 8–11 and students – until November 4 on the Olympiad website: my.ntcontest.ru/.

The NTO is held under the coordination of the Ministry of Science and Higher Education together with the presidential platform "Russia – the Country of Opportunities" within the framework of the national project "Youth and Children", with the support of the "Movement of the First", the Agency for Strategic Initiatives and the ANO "NTI Platform". The project office of the Olympiad is deployed at the HSE with the methodological support of the NTI Circle Movement. The NTO Organizing Committee is headed by First Deputy Chief of Staff of the Presidential Executive Office of Russia Sergei Kiriyenko and Deputy Prime Minister Dmitry Chernyshenko.

"Since 2015, the National Technology Olympiad has brought together almost 900 thousand schoolchildren and students from all over Russia, as well as from 77 other countries. The Olympiad, initially conceived as an all-Russian engineering competition, has gradually reached the international level. And we are confident that with the launch of the 11th season, the geography of participants will only expand, and their number will exceed a million. However, NTO is not only about scale. The main thing here is people. Young, bright, talented guys who do not just study science and technology, but are already creating the future today. This shows that the culture of scientific and technological thinking is growing stronger in our country. NTO has become a real magnet for those who want to grow, develop and change the world," Sergei Kiriyenko noted earlier at a meeting of the NTO organizing committee.

In the new NTO season, high school students have access to 35 technology profiles – from artificial intelligence, neurotechnology and information security to robotics, genome editing, underwater and space systems. The student track of the Olympiad includes six profiles – participants will have to solve problems in the field of biology and medicine, monitoring of territories, and develop solutions for the extraction of minerals.

"Every year, the National Technology Olympiad attracts an increasing number of interested, talented schoolchildren and students: last season alone, it collected one and a half times more applications than in 2023 – about 220 thousand. Today, the NTO is a strategic tool for training personnel, which is developing along with the challenges of the time. I am confident that thanks to continuous development and active cooperation with leading universities and technology companies, the Olympiad will continue to make its important contribution to the formation of a personnel reserve for achieving the national goals set by President Vladimir Putin," Dmitry Chernyshenko emphasized.

He also reported that this season of the NTO, four new profiles are being launched for high school students. They reflect key trends in science and engineering: "Modeling in Biotechnology", "Structural Safety", "Flexible and Molecular Electronics", "Engineering Networks of Future Cities". During the competition, schoolchildren in grades 8–11 will have to design a space mission to monitor the Earth's electromagnetic field, create a VR simulator with realistic control mechanics, and develop an autonomous transport system for a smart city. Participants will also work on computer games, design satellites, and train neural networks. The team format of the Olympiad helps develop not only technical competencies, but also the ability to distribute roles, communicate, and find non-standard solutions in a short time.

"The Olympiad has long established itself as an effective, important tool that helps prepare future leaders in the field of science and technology. Thanks to this annual intellectual competition, schoolchildren can try themselves in the role of engineers or developers, and students can develop and consolidate professional competencies," said Deputy Co-Chairs of the NTO Organizing Committee, Minister of Science and Higher Education Valery Falkov.

Winners and prize winners of the NTO school track profiles included in the draft order of the Ministry of Education and Science will receive benefits when entering universities – up to 100 points in the Unified State Exam or enrollment without entrance examinations. Students who show high results can complete internships in research centers and companies – NTO partners, and also take advantage of benefits when entering master's programs at universities – organizers of the Olympiad profiles.

"Today, NTO is a unique ecosystem for developing engineering thinking and practical skills. Its participants learn to work in a team, solve non-standard problems and act under time constraints, and thus, comprehend everything that a modern specialist needs. Thanks to partnerships with leading companies and universities, NTO creates a foundation on which schoolchildren can begin to build a successful professional trajectory from middle school. I am confident that many of the Olympiad participants will become leaders in technological development and make a significant contribution to strengthening Russia's technological sovereignty," emphasized Nikita Anisimov, Deputy Co-Chairs of the NTO Organizing Committee and Rector of the National Research University Higher School of Economics.

Since 2019, the NTO Junior track for schoolchildren in grades 5–7 has been held together with the presidential platform “Russia – the Land of Opportunities”. In the new season, junior competitions will cover seven areas: virtual reality, artificial intelligence, computer games, space, robots, habitat, and a new direction – cyber-physical systems. For middle school students, NTO is an opportunity to take their first steps into the world of modern technologies and project thinking.

"I congratulate all the participants, mentors and organizers on the beginning of the 11th season of the National Technology Olympiad. Every year, NTO is not just growing, but getting better and better: new profiles appear that meet the most pressing challenges of the time in the field of science and engineering. For hundreds of thousands of schoolchildren, this is a unique opportunity to implement their bold ideas today and create projects that have real practical significance. The Olympiad lays the foundation for the future, clearly demonstrating that the ability to change the world for the better through technology has no age limits – you can start as early as the fifth grade. I am sure that our common future lies in such projects. And the presidential platform "Russia – Country of Opportunities" will continue to comprehensively support young talents on this path," said Andrey Betin, CEO of the presidential platform "Russia – Country of Opportunities", Rector of the Senezh Management Workshop.

The NTO Junior finals for students in grades 5–7 will be held in November 2025, and high school and university students will meet at the final competitions in February–April 2026 at the venues of the country's leading technological universities: HSE, ITMO University, RTU MIREA, MEPhI, Moscow Polytechnic University, FEFU, NSU, Tomsk Polytechnic University and others.

Let us recall that in the 10th season of the National Technology Olympiad, 220 thousand schoolchildren and students applied to participate, and the total coverage of the Olympiad since 2015 has exceeded 880 thousand participants from all regions of Russia and 77 foreign countries.

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.

Dmitry Grigorenko: More than 15 million people have used the “life situations” services

Translation. Region: Russian Federal

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

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More than 15 million people have used the "life situations" services. Among the most popular are services for entering a university, retirement, registration for sports competitions, large families, hunting and fishing trips.

The "life situations" services are a new stage in the development of government services. Each such service combines about 17 government services related to a single topic and helps to obtain them comprehensively, in a "single window" mode.

Now you don't need to search for each service on the pages of different authorities, spend extra time visiting departments and collecting documents. The services that people and businesses need are provided comprehensively and are in one place, on the state services portal and regional portals.

The digitalization of government services is being carried out within the framework of the national project “Data Economy”, which is supervised by Deputy Prime Minister and Head of the Government Staff Dmitry Grigorenko.

"More than 15 million people have already used the "life situations" services. This is every seventh user of the public services portal. "Life situations" have become a new stage in the development of the entire system of public services. They embody the principle of the state as a service, where the government works for people quickly, clearly and conveniently. Citizens and businesses receive comprehensive solutions without having to contact various authorities. High demand proves that this is not just a technological process, but a change in the philosophy of interaction between citizens and government agencies: now services come to the person, and not vice versa," said Dmitry Grigorenko.

At the federal level, the "life situations" services have been implemented since 2023 and 35 such services have already been launched. The first place in popularity is occupied by the "life situation" for admission to a university. The service allowed applicants to compare educational programs online in one place, get information about the competition and the number of budget places, track their positions in the competition lists, and choose the most interesting universities for themselves based on their passing score. It was also possible to submit documents for admission during the admissions campaign online, without visiting the admissions office.

The “life situation” service for retirement allows you to find out how to apply for a pension, about social support measures and other benefits for pensioners, as well as receive an extract on the status of an individual personal account, arrange for the delivery of a pension and social benefits, request a certificate on the amount of a pension, and more.

With the help of the “life situation” for participation in amateur sports competitions, you can find out about all the events included by the Ministry of Sports in a single calendar plan, become their participant or fan, and also receive a medical certificate of admission to participate in the event.

"Life situation" for large families helps to formalize the status of a large family and obtain an electronic certificate, as well as save time on visiting departments and searching for information on registration of payments, benefits and documents. The service provides information on the list of institutions that accept the electronic certificate, and the opportunity to leave feedback on the quality of services.

You can get a hunting license, a permit to purchase and store weapons for hunting, and use a digital atlas of amateur fishing using the "life situation" service for hunting and fishing trips. The atlas of amateur fishing is operating in test mode and provides information for fishermen in two regions – the Leningrad and Astrakhan regions. The service allows you to see fishing areas on the map, as well as learn the rules for amateur fishing. In the future, the atlas will provide data for other regions.

Due to the introduction of federal services, the number of “life situations” has decreased on average:

— by 29% (from 28 to 20 units) – the number of required documents;

— by 35% (from 102 to 66 days) – time to receive government services;

— by 64% (from 14 to 5 visits) – the need to visit departments.

Since 2024, regional services “life situations” will also be implemented.

Within the framework of one regional service “life situation” the average decrease was:

— by 40% (from 10 to 6 units) – the number of required documents;

— by 42% (from 57 to 33 days) – the time to receive government services;

— by 67% (from 6 to 2) – the need to visit departments.

By the end of 2025, 70 federal and 425 regional “life situations” services will be operating.

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.