Financial News: Requirements for the Issuance of Digital Financial Instruments (DFIs): Draft Bank of Russia Instructions

Translation. Region: Russian Federal

Source: Central Bank of Russia

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Bank of Russia suggests introducing A set of requirements for decisions on issuing credit digital financial assets (DFAs). This is a new product that banks are issuing using a portion of their loan portfolio.

Credit-based digital financial instruments (DFIs) enable investors to receive payments related to payments under a bank's loan agreement. By purchasing such an instrument, the investor assumes the risk of default on the loan, which was originally assumed by the lender. Therefore, when issuing credit-based digital financial instruments (DFIs), the bank must provide the investor with information about the loan agreement, including its number, loan amount, interest rate, whether the agreement allows assignment to a third party, and disclose information about the borrower.

With this information, an investor can make more informed decisions when purchasing this type of digital financial asset.

The document also expands the list of information required in the decision to issue any digital financial assets. The issuer's information must include a link to the website where the issuer discloses the information. If the issuer has a credit rating, a link to the website of the credit rating agency that assigned it must be included.

The public discussion of the draft Directive will last until October 10, 2025, inclusive.

Preview photo: Ranjith Ravindran / Shutterstock / Fotodom

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Financial news: 09/26/2025, 16-15 the values of the lower limit of the repo price corridor, the carry rate and the range of interest rate risk assessment for the HEAD (Headhunter) security were changed.

Translation. Region: Russian Federal

Source: Moscow Exchange – Moscow Exchange –

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September 26, 2025

16:15

In accordance with the Methodology for determining the risk parameters of the stock market and deposit market of Moscow Exchange PJSC by the National Credit Center (JSC) on September 26, 2025, 16:15 (Moscow time), the values of the lower limit of the repo price corridor with the settlement code Y0/Y1Dt (up to -25.23%), the transfer rate and the range of interest rate risk assessment (up to -8.79 rubles, equivalent to a rate of 46.36%) for the HEAD (Headhunter) security were changed.

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Dmitry Patrushev: Agricultural trade between Russia and India increased by more than 60% in 2024.

Translation. Region: Russian Federal

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

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Deputy Prime Minister of the Russian Federation Dmitry Patrushev paid a working visit to the Republic of India. As part of the business program, meetings were held with the heads of key government agencies.

Trade and economic cooperation between the two countries was discussed at a meeting with Piyush Goyal, Minister of Commerce and Industry of the Republic of India. The parties also discussed the work of the two countries' regulatory agencies, cooperation in the fishing industry, and the possibility of opening full access to the Indian market for Russian meat and dairy products. Furthermore, the Deputy Prime Minister noted the importance of accelerating the process of concluding a mutually beneficial free trade agreement between the Eurasian Economic Union and India.

Dmitry Patrushev and Indian Minister of Chemicals and Fertilizers Jagat Prakash Nadda discussed developing cooperation in the supply of mineral fertilizers. The Deputy Prime Minister of Russia emphasized Russia's interest in further strengthening its strategic partnership with India and continuing mutually beneficial cooperation.

Dmitry Patrushev discussed the potential increase in supply volumes and expansion of the range of agricultural products with India's Minister of Agriculture and Farmers' Welfare, Shivraj Singh Chouhan. For example, Russia sees potential in increasing exports of Russian vegetable oils, pulses, and other products.

The Deputy Prime Minister reported that agricultural trade between Russia and India increased by more than 60% in 2024.

Dmitry Patrushev also noted that Russia highly values the potential for scientific and technical cooperation between the two countries, for example, in the field of plant breeding. The meeting discussed the possibility of direct contacts between research centers in Russia and India, as well as the organization of internships for specialists.

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Financial News: The Bank of Russia will strengthen its oversight of professional participants who circumvent regulations to combat foreign sanctions.

Translation. Region: Russian Federal

Source: Central Bank of Russia

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Between January and September 2025, the Bank of Russia identified a number of violations of the decrees of the President of the Russian Federation defining the conditions for transactions with non-residents and aimed at maintaining financial stability, and has already imposed penalties on the professional participants.

In particular, the provisions of the Decree of the President of the Russian Federation of 01.03.2022 No. 81 "On additional temporary economic measures to ensure the financial stability of the Russian Federation", the Decree of the President of the Russian Federation of 05.03.2022 No. 95 "On the temporary procedure for fulfilling obligations to certain foreign creditors", the Decree of the President of the Russian Federation of 03.03.2023 No. 138 "On additional temporary economic measures related to the circulation of securities", and the Decree of the President of the Russian Federation of 05.08.2022 No. 520 "On the application of special economic measures in the financial and fuel and energy sectors in connection with the unfriendly actions of certain foreign states and international organizations" were violated.

Fines totaling over 20 million rubles have been imposed on five financial institutions operating as professional securities market participants. The Bank of Russia has revoked the licenses of three depositories.

The Bank of Russia will continue to closely monitor professional participants' compliance with anti-sanctions regulations and will publish information about identified violations and imposed sanctions on its website.

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Financial news: On September 29, 2025, JSC KAVKAZ.RF will hold a deposit auction.

Translation. Region: Russian Federal

Source: Moscow Exchange – Moscow Exchange –

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Parameters;

The deposit auction date is September 29, 2025. The placement currency is RUB. The maximum amount of funds placed (in the placement currency) is 600,000,000. Placement period, days – 65. The date of depositing funds is September 30, 2025. The date of return of funds is December 4, 2025. The 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 600,000,000. 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 10:00 to 10:10. Competitive bids from 10:10 to 10:15. The cutoff percentage may be set or the auction may be declared void by 10:25. Additional terms and conditions.

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International Day for the Abolition of Nuclear Weapons: "Humanity is on the brink of extinction"

Translation. Region: Russian Federal

Source: United Nations – United Nations –

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September 26, 2025 Peace and security

There are currently enough nuclear weapons on the planet to destroy humanity many times over. This was stated by 81-year-old Satoshi Tanaka, a member of the Executive Council of the Japan Confederation of Atomic Bomb and Hydrogen Bomb Victims' Organizations, at UN Headquarters. Satoshi is a hibakusha, the Japanese word for victims of the nuclear bombings of Hirashima and Nagasaki.

He recalled that in the 80 years since the tragedy, humanity has only increased its nuclear potential. The number of countries possessing nuclear weapons has almost reached double digits.

"The nuclear arms race continues. Humanity stands on the brink of extinction," Satoshi said.

"Young people often worry that we hibakusha might not be around in ten years. I always respond, 'Before you worry about how long we have left, consider how short your own life might be,'" he added.

Satoshi spoke at an event held on the sidelines of the UN General Assembly to commemorate the International Day for the Total Elimination of Nuclear Weapons, which is celebrated on September 26.

UN Secretary-General António Guterres, in a statement delivered on his behalf by his Chief of Staff, Earl Courtenay Rattray, said that every day since the atomic bombings of Hiroshima and Nagasaki, the hibakusha have turned their suffering into a cry for peace.

“And yet, every day we see new and increasingly dangerous weapons,” the UN chief stressed.

In July of this year, the Secretary-General announced the establishment of an independent scientific panel of experts tasked with studying the physical effects and social consequences of nuclear war at the local, regional and global levels.

The UN was created not only for multilateral cooperation, but also as a "defense against our most destructive instincts," said UN General Assembly President Annalena Baerbock.

Every day we see new and increasingly dangerous weapons.

Theoretically, the world recognizes that a nuclear war cannot be started and cannot be won, the diplomat noted.

“However, this has not stopped countries from building ever larger arsenals, and some have even found themselves on the brink of using them on multiple occasions,” Baerbock noted.

She recalled that during the Cold War, false alarms or misinterpreted signals nearly led to disasters, the most famous of which was the Cuban Missile Crisis.

Today, the situation is more complex, and the risk of miscalculation is much higher, Baerbock emphasized. "What if terrorists acquire these weapons? What if artificial intelligence accelerates decision-making, leaving no room for human oversight?"

“Security is not based on ever-growing arsenals, but on disarmament, non-proliferation and – one day – the abolition of nuclear weapons,” the General Assembly President said.

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On the sidelines of the UN General Assembly, a discussion was held on how to improve the survival rate of children with cancer.

Translation. Region: Russian Federal

Source: United Nations – United Nations –

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September 26, 2025 Healthcare

"Every child with cancer deserves a chance at life, no matter what country they were born in. That's why we launched the WHO Global Childhood Cancer Initiative. We are confidently moving towards our goal of increasing the survival rate to 60 percent by 2030," said World Health Organization Director-General Tedros Adhanom Ghebreyesus, speaking at UN headquarters in New York.

As part of the High-Level Week of the 80th session of the UN General Assembly, a forum entitled "A Global Movement to Improve Survival and Reduce Suffering for Children with Cancer and Other Life-Threatening Diseases" was held at the organization's headquarters. The meeting was chaired by First Lady of Uzbekistan Ziroat Mirziyoyeva.

The forum was jointly organized by the Ministry of Health of Uzbekistan, the World Health Organization, St. Jude Children's Research Hospital, and the Zamin Foundation.

Addressing the participants, Ziroat Mirziyoyeva emphasized the need for joint action: "Currently, more than two billion children worldwide are at risk of or suffer from non-communicable diseases. This is almost a third of the planet's population. Millions of them are battling cancer. Despite advances in modern medicine, survival rates remain uneven: in developed countries, they exceed 80 percent, while in developing countries, they are less than 30 percent. This gap is unacceptably wide. We must take steps to prevent tragedies."

Ghebreyesus briefed the forum participants on the achievements of the WHO and St. Jude collaboration, thanks to which more than 400,000 children in 80 low- and middle-income countries have already received life-saving treatment. He cited examples of young patients whose stories have become symbols of hope: Gabo from El Salvador, whose life was saved by treatment, and 17-year-old Samira from Uzbekistan, who inspired the audience with her story of recovery.

"We will work together to ensure that every child receives the help they need, no matter who they are or where they live. Because everyone deserves a chance at life," the WHO chief emphasized.

The forum has become an important platform for uniting the efforts of governments, international organizations, and civil society in the fight against childhood cancer and other serious diseases.

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Chinese Premier at the UN: "If might prevails, the world will face bloodshed and cruelty."

Translation. Region: Russian Federal

Source: United Nations – United Nations –

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September 26, 2025 UN

Speaking at the 80th session of the UN General Assembly, Premier of the State Council of China Li Qiang emphasized that humanity once again finds itself at a historical crossroads and must choose the path of solidarity and cooperation for a common future.

He recalled that this year the world celebrates the 80th anniversary of the victory over Nazism and the founding of the United Nations. "The UN has become a symbol of hope for a world free of disasters and wars. Over the past decades, the international order based on law has helped achieve unprecedented levels of development and prosperity," Li Qiang stated.

According to him, the key lessons of the past decades are that peace and development are the common goals of all nations, and that solidarity and cooperation remain the most powerful engines of progress. "History has proven that unity leads to success, while division leads to failure," he noted.

The Chinese prime minister expressed concern over the growing manifestations of "hegemonism and bullying" and the undermining of international law. "Humanity must not turn a blind eye to humanitarian disasters and atrocities. We must act fairly and conscientiously," Li Qiang said, emphasizing that major countries must exercise particular responsibility.

Li Qiang reiterated his country's contribution to peacekeeping: China is the second-largest contributor to UN peacekeeping operations and the largest contributor of troops among the permanent members of the Security Council. He emphasized that Beijing will continue to play a constructive role in advancing political resolutions to conflicts, including in Ukraine and the Middle East.

The Prime Minister also addressed global economic issues, declaring the need to combat protectionism and trade barriers. He noted that China has remained the world's second-largest importer for the past 16 years and contributes approximately 30 percent to global economic growth. "We must strive for inclusive globalization that will benefit all countries," Li Qiang said.

China has always been open to the world, the head of the Chinese government noted: "We have reduced the overall tariff burden to 7.3 percent. China has also established high-quality cooperation with more than 150 countries through the Belt and Road Initiative."

The Chinese premier called for a dialogue among civilizations and a rejection of ideological superiority, emphasizing that every culture is valuable and deserves respect.

Addressing the climate crisis, Li Qiang reaffirmed China's commitment to the Paris Agreement and the development of a green economy, and advocated for the responsible use of advanced technologies, including artificial intelligence. "Technological progress must benefit all people and serve the world," he emphasized.

In conclusion, Li Qiang stated that China is ready to work with other countries to propose concrete solutions to strengthen peace, security, and sustainable development on the planet.

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The week's top UN and global events

Translation. Region: Russian Federal

Source: United Nations – United Nations –

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September 26, 2025 UN

Key events: Security Council meeting on Russian fighter jets in Estonia, the 80th session of the UN General Assembly, a high-level meeting on Ukraine, torture prevention in Kyrgyzstan, the Climate Summit, the 30th anniversary of the World Youth Programme of Action, the Security Council debate on AI, the humanitarian crisis in Gaza.

На заседании Совета Безопасности ООН в понедельник обсудили инцидент, произошедший 19 сентября, когда, по данным Эстонии, три российских истребителя МиГ-31 нарушили ее воздушное пространство. >

В зале Генеральной Ассамблеи в Нью-Йорке в понедельник отметили 80-ю годовщину создания ООН. Председатель Генассамблеи Анналена Бербок заявила, что эта дата – «момент вспомнить уроки истории и найти смелость снова выбрать путь надежды». >

Выступая на открытии общеполитических дебатов 80-й сессии Генассамблеи ООН, Генеральный секретарь ООН призвал мировых лидеров сделать решающий выбор в пользу мира, прав человека, климатической справедливости и укрепления многосторонности. >

В ходе общеполитической дискуссии Генассамблеи ООН также выступила Председатель ее 80-й сессии Анналена Бербок. Она подчеркнула, что нынешнее заседание проходит в условиях многочисленных кризисов, и призвала к реформированию ООН. >

Заседание высокого уровня по Украине состоялось во вторник в Совете Безопасности. Ряд стран-членов Совета и других участников встречи были представлены главами государств или министрами иностранных дел, включая президента Украины Владимира Зеленского. >

Принятие в Кыргызстане нового закона, упраздняющего независимый орган по предупреждению пыток, подрывает усилия по предотвращению пыток в стране, заявил Верховный комиссар ООН по правам человека Фолькер Тюрк. >

В среду в штаб-квартире ООН в Нью-Йорке открылся Саммит по климату, созванный Генеральным секретарем >

На полях Недели высокого уровня 80-й сессии Генассамблеи ООН состоялась встреча, приуроченная к тридцатилетию Всемирной программы действий для молодежи. Документ определил приоритетные направления деятельности для поддержки молодых людей во всем мире. >

На открытых дебатах высокого уровня по ИИ в Совбезе ООН выступили приглашенные эксперты. Профессор Монреальского университета Йошуа Бенжио предупредил, что человечество в настоящее время не знает, как контролировать самые передовые системы искусственного интеллекта. >

Нарастающее израильское военное наступление в Газе парализует работу медиков. Только в этом месяце на севере анклава вынуждены были закрыться еще четыре больницы, сообщила Всемирная организация здравоохранения (ВОЗ). >

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WHO: Gaza's health system on the brink of collapse

Translation. Region: Russian Federal

Source: United Nations – United Nations –

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September 26, 2025 Healthcare

The escalating Israeli military offensive in Gaza is paralyzing medical work. This month alone, four more hospitals in the northern enclave have been forced to close, the World Health Organization (WHO) reported on Friday.

"There are only 14 hospitals functioning in Gaza… The situation in the remaining eight hospitals and one field hospital in the city is critical," said WHO spokesman Tarik Jasarevic.

The hospital closures come as Israeli forces advance deeper into the city. The IDF claims the operation aims to drive out Hamas militants. Evacuation orders are forcing hundreds of thousands of people to leave the city.

"Even if hospitals are not formally subject to evacuation, access to them is difficult, fighting is ongoing nearby, and this could completely disable them," Jasarevic noted in a conversation with journalists in Geneva.

Gaza City is the backbone of the Strip's health system.

Almost half of all hospitals and field hospitals in the enclave are concentrated in Gaza, so the city's medical infrastructure is of key importance.

"Hospitals in the south are overwhelmed and unable to accommodate more patients," Yasarevic emphasized. According to the organization, there are currently eight hospitals operating in the Gaza Strip, three in Deir el-Balah, and three in Khan Younis. None of them are fully operational.

WHO officials say medical teams at the remaining facilities are "overwhelmed by the influx of people injured in the attacks" and must also care for patients with chronic and other illnesses.

As of September 1, four hospitals in northern Gaza have ceased operations: Al-Rantisi Children's Hospital, the Ophthalmology Clinic, St. John's Hospital, and the Hamada Clinic for Rehabilitation and Prosthetics.

The WHO emphasizes that the latter was one of the three leading specialized rehabilitation centers in the sector. It treated approximately 250 outpatients and also admitted approximately 200 people daily who were injured while attempting to receive humanitarian aid.

Attacks on medical facilities

The Al-Rantisi Hospital, the only specialized pediatric facility in the sector, suffered the most severe damage. On September 16, it was hit directly while 80 patients were inside. There were no casualties, but water tanks, communication systems, and some medical equipment were destroyed.

Half of the patients were forced to leave the building, but approximately 40 remain in the hospital, including four children in intensive care and eight newborns. The remaining equipment was transported to Al-Hela, Al-Sahaba, and Patient Friendly hospitals in Gaza.

Meanwhile, the situation at eight operating hospitals and one field hospital remains critical. There are shortages of medications, patients are lying on the floor, and staff are struggling to cope.

WHO warns of shortages of blood and transfusion supplies: "Without urgent replenishment, supplies will run out in the coming days."

According to humanitarian agencies, almost all attacks on medical facilities recorded between September 7 and 17 occurred in Gaza, with one in Khan Younis.

Evacuation and ceasefire required

"More violence means more wounded, more deaths and less aid," Jasarevic emphasized.

He said more than 15,000 people in Gaza need urgent evacuation to receive specialized treatment, but the process is proceeding extremely slowly.

“We can only once again call for a ceasefire and free access to support what remains of the health system in Gaza – with medicines, emergency teams and everything necessary,” the WHO representative added.

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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