Category: Economics

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The scammers' tricks won't work – large transfers to themselves through the SBP will end up on the list of fraudulent ones

Translation. Region: Russian Federation –

Source: Mainfin Bank –

An important disclaimer is at the bottom of this article.

When will a transfer via the SBP raise suspicions with the bank?

Transferring a large amount via the SBP, even between accounts of one client, may raise suspicions jarIf, on the same day, a person attempts to send money to a third party to whom payments have not been made for more than six months, the person will be subject to a new scam: the scammers convince the victim to accumulate all their savings in a single account to which they have gained access.

"Banks will tighten controls over transfers – transactions over 200,000 rubles, including those made through the Fast Payment System (FPS), will come under close scrutiny," the regulator noted.

The introduction of new fraud indicators will help banks protect honest Russians from fraudulent activities. However, this change will have virtually no impact on ordinary citizens—money transfers between their own accounts via the Fast Payment System (FPS) will still be possible without restrictions or fees; suspicion will only arise if you attempt to send funds to a third party.

What other signs of fraudulent transactions are there?

Transferring funds between your own accounts and then sending the savings to another person isn't the only sign of fraud identified by the Central Bank. Financial institutions are required to suspend transactions if they detect any of the following:

The recipient's account is included in the fraudulent list according to the Central Bank of the Russian Federation's basic rules or the bank's own rules; the transaction is unusual for this particular client; the device used to access online banking was previously used by fraudsters; the client changed the phone number used to access their personal account; information was received about the use of an unusual internet provider.

However, it's not just banks that should be making efforts to protect their funds. Russians should adhere to financial security rules: don't share codes and passwords with third parties, no matter who they claim to be, don't enter card details on dubious websites, and don't transfer funds to accounts if you're unsure of the recipient. Fraudsters are constantly refining their methods, but most schemes rely on social engineering—they mislead the victim, who then helps the scammer steal their savings.

10:00 11/18/2025

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.

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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: 20.11.2025, 14-15 (Moscow time) the values of the upper limit of the price corridor and the range of market risk assessment for the security RU000A1035H1 (RESOLizBP1) were changed.

Translation. Region: Russian Federation –

Source: Moscow Exchange – Moscow Exchange –

An important disclaimer is at the bottom of this article.

November 20, 2025

2:15 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 20.11.2025, 14-15 (Moscow time), the values of the upper limit of the price corridor (up to 126.59) and the range of market risk assessment (up to 1550.59 rubles, equivalent to a rate of 37.5%) of the security RU000A1035H1 (RESOLizBP1) 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.

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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

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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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The Future Technologies Forum will be held on February 26–27, 2026, in Moscow.

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.

The Future Technologies Forum Organizing Committee has set the dates and location for the fourth forum: February 26–27, 2026, at the World Trade Center in Moscow. In accordance with the instructions of Russian President Vladimir Putin, the forum will focus on developing a bioeconomy in the Russian Federation and the application of biotechnology across economic sectors.

The upcoming Future Technologies Forum will bring together Russian and international scientists, leading research organizations, major manufacturers, technology leaders in the bioeconomy, and key agencies overseeing the implementation of the national project to ensure technological leadership in the "Bioeconomy" field, which will launch in Russia in 2026.

"National plans for bioeconomy development have been adopted in China, the United States, Brazil, and other countries. Russia possesses significant competencies and the scientific and technological base for developing this economic sector. The national project includes support measures that will enable the efficient use of existing resources and stimulate the development of production to achieve technological leadership in the bioeconomy," said Denis Manturov, First Deputy Prime Minister and curator of the national "Bioeconomy" project.

"Russia possesses all the necessary raw materials, personnel, and key competencies to achieve its leadership goals in the bioeconomy. The new national project aims to create the conditions and scientific infrastructure for the development of breakthrough biotechnologies and launch technological chains for their implementation in the economy. This requires uniting multiple players, finding common ground, and optimizing interactions between market participants. The dialogue among industry participants at the Future Technologies Forum in February will be aimed at coordinating measures for the implementation of the national project," said Anton Kobyakov, Executive Secretary of the Organizing Committee for the Future Technologies Forum and Advisor to the President of Russia.

The National Project "Bioeconomy" aims to promote the rational use of biological resources and the application of biotechnology in scientific, technological, and economic activities. The national project includes measures to develop and implement biotechnology in the agro-industrial complex, veterinary medicine, manufacturing, ecology, forestry, medicine, and energy. The goal of the national project is to achieve technological sovereignty in the bioeconomy by 2030 by halving import dependence, and by 2036 to create conditions for the emergence of new markets and technological leadership.

The national project includes three federal projects that address measures to organize the production and stimulate the marketing of bioeconomy products, the scientific and technological development of the industry, and its analytical and personnel support. These projects include the creation of centers for piloting and scaling up bioeconomy products, training centers, conducting scientific research, promoting Russian bioeconomy products in foreign markets, implementing digital solutions and domestic software in production facilities, and other measures to support the industry.

"The development of knowledge-intensive interdisciplinary fields such as bioeconomics is key to achieving Russia's technological leadership—a national goal set by President Vladimir Putin. Research will play a significant role in the structure of the Bioeconomics national project. A wide range of universities and research organizations are accumulating and expanding scientific and technological expertise, with key competencies concentrated at the Kurchatov Institute National Research Center," noted Deputy Prime Minister Dmitry Chernyshenko.

As part of the national project, leading manufacturing companies and research organizations will act as qualified customers and developers of bioeconomy technologies. Promising projects include the production of microbial proteins, biofibers, starters, and algae; the creation of domestic bioclusters for processing starch-containing raw materials and producing microbial synthesis products; the production of enzyme preparations based on microbial platforms; and much more.

"The national project aims to shift yet another area of industrial development toward innovation. The bioeconomy sector will spur the development of high-tech solutions for numerous related industries—agriculture, chemicals, the fuel and energy sector, and many others. The initiative will strengthen the link between science and business to accelerate the implementation of knowledge-intensive technologies. All of this, coupled with the development of a set of measures to promote the sales and export of bioeconomy products, will ensure Russia's leadership in this sector," commented Anton Alikhanov, head of the Bioeconomy national project and Minister of Industry and Trade.

The forum will feature a traditional exhibition where market leaders, science-intensive enterprises, and scientific organizations will present cutting-edge developments and the latest innovative solutions in the bioeconomy. Exhibitors will showcase projects at various stages of implementation, from laboratory development to industrial application. A scientific conference dedicated to advanced research in the bioeconomy will be held prior to the Future Technologies Forum.

Detailed information on the preparation of the Future Technologies Forum is available on the website future-forum.tech.

The Future Technologies Forum (FTF) is a flagship event where leading researchers and industry leaders present science-intensive technologies, innovative scientific developments, and completed projects that will shape the development of economic sectors in the coming years.

The forum has been held in Moscow annually since 2023 with the participation of the President of Russia. In 2023, the FBT was dedicated to quantum technologies; in 2024, it focused on the future of medicine. In 2025, it will focus on new materials and chemistry. The 2026 FBT will focus on the bioeconomy.

The forum is operated by the Roscongress Foundation with the support of the Ministry of Industry and Trade, the Russian Academy of Sciences, the Russian Science Foundation, and the Russian Quantum Center.

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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Alexander Novak: Artificial intelligence technologies are becoming a pillar for improving economic efficiency.

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.

Deputy Prime Minister Alexander Novak opened the business day of the international conference "Journey into the World of Artificial Intelligence." Also participating in the opening ceremony was Alexander Vedyakhin, First Deputy Chairman of the Management Board of Sberbank.

"The Russian economy is undergoing a period of transformation, searching for new growth opportunities. The President has approved ambitious national goals that affect all areas of life, including creating a comfortable environment, achieving sustainable economic development, and technological leadership, including digital transformation. New technologies in artificial intelligence are becoming the foundation for addressing these challenges, increasing the efficiency and innovation of the economy," emphasized Alexander Novak.

The Deputy Prime Minister noted the importance of implementing artificial intelligence to improve efficiency in public administration, the fuel and energy sector, industry, addressing the needs of small and medium-sized businesses, applying it to finance and transportation, and increasing labor productivity.

The government continues to actively support the development of AI technologies. Last year, the National Strategy for the Development of Artificial Intelligence was updated, aiming to make Russia a global leader in the use and development of artificial intelligence.

Alexander Novak emphasized that, in addition to a strong scientific and technological base, energy supply is a critical factor in the development of artificial intelligence. Therefore, the challenge is to reliably supply data centers with sufficient energy.

"A fundamental technological transformation is underway today. Experts note that the gap between companies actively implementing artificial intelligence and those lagging behind will only widen. Those who quickly restructure their processes and implement the 'human plus artificial intelligence' model will win," the Deputy Prime Minister noted.

On the sidelines of the conference, Alexander Novak also visited an exhibition showcasing cutting-edge domestic developments and solutions in the field of artificial intelligence.

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: 20.11.2025, 11:56 (Moscow time) the values of the upper limit of the price corridor and the range of market risk assessment for the security RU000A0ZYFN3 (DOM.RF B10) were changed.

Translation. Region: Russian Federation –

Source: Moscow Exchange – Moscow Exchange –

An important disclaimer is at the bottom of this article.

November 20, 2025

11:56

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 20.11.2025, 11:56 (Moscow time), the values of the upper limit of the price corridor (up to 131.66) and the range of market risk assessment (up to 1528.84 rubles, equivalent to a rate of 50.0%) of the security RU000A0ZYFN3 (DOM.RF B10) 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.

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Financial news: On November 20, 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.

Parameters;

The deposit auction date is November 20, 2025. Placement currency is RUB. The maximum amount of funds placed (in the placement currency) is 1,200,000,000. Placement term, days 364. Date of depositing funds is November 21, 2025. Date of return of funds is November 20, 2026. Minimum placement interest rate, % per annum is 15.2. Terms of the conclusion, urgent or special (Urgent). The minimum amount of funds placed for one application (in the placement currency) is 1,200,000,000. The 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 applications from 12:10 to 12:20. Competitive applications from 12:20 to 12:25. Setting the cutoff interest rate or declaring the auction invalid before 12:40. Additional terms – Placement of funds with the option 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 set forth in paragraph 2.1. of the Regulation "On the procedure for selecting banks for the placement of funds of the Moscow Small Business Lending Promotion 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.

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: On November 20, 2025, UK FRT LLC will hold a deposit auction.

Translation. Region: Russian Federation –

Source: Moscow Exchange – Moscow Exchange –

An important disclaimer is at the bottom of this article.

Parameters;

The deposit auction date is November 20, 2025. Placement currency is RUB. The maximum amount of funds placed (in the placement currency) is 345,000,000. Placement term, days – 15. Date of depositing funds is November 20, 2025. Date of return of funds is December 5, 2025. Minimum placement interest rate, % per annum is 16.5. Terms of the conclusion, urgent or special (urgent). The minimum amount of funds placed for one application (in the placement currency) is 345,000,000. The 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 12:30 to 12:40. Competitive bids from 12:40 to 12:45. The cutoff percentage may be set or the auction may be declared void by 12:55. Additional terms and conditions.

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.