The consultation includes amendments to cash operations regulations for credit institutions, which relates to cash handling and payment infrastructure, though the update is primarily procedural and consultative rather than substantive regulatory change.
Low confidence — requires human review. The draft acts address financial market participant activities broadly, but the payments-specific content is limited to cash operations; this is a general regulatory consultation with limited direct payments impact.
Specialism
This is a procedural announcement about a consultation process for draft regulations covering cash operations, insurance tariffs, and financial market activities, with no specific payment compliance obligations identified.
The update mentions regulatory impact assessment procedures and corruption risk assessment, but lacks concrete supervisory actions, enforcement measures, or specific payment firm obligations.
2026-03-25 09:30:45·arahman@vixio.com
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TITLE: Russia's Central Bank Publishes Draft Regulatory Acts for Public Consultation
BODY:
The Bank of Russia (Central Bank of the Russian Federation) has published multiple draft regulatory acts for public consultation on its official website. The consultation process invites stakeholders to submit comments and recommendations on proposed amendments and new regulations across several financial market areas.
The draft acts under consultation include amendments to regulations governing cash operations conducted by credit institutions, including procedures for handling banknotes, coins, precious metals (gold, silver, platinum, and palladium), and precious stones (processed natural diamonds). Additional draft acts address amendments to mandatory motor vehicle liability insurance tariffs; changes to methodologies for calculating restoration repair costs for damaged vehicles; and amendments to regulations on financial market participant activities.
Each draft act is accompanied by an explanatory note outlining the rationale and objectives of the proposed changes. The consultation process follows the Bank of Russia's standard regulatory impact assessment procedures. Stakeholders are required to submit comments by specified deadlines, which range from March 24, 2026 to April 6, 2026, depending on the specific draft act. Comments should be directed to designated email addresses provided for each consultation, with contact details varying by regulatory area.
The Bank of Russia also notes that draft acts undergo corruption risk assessment (коррупциогенность экспертиза) to identify provisions that could create conditions for corruption. All draft regulatory acts are registered on the Federal Portal of Draft Regulatory Legal Acts (regulation.gov.ru) in accordance with Russian regulatory procedures.
Interested parties can access full documentation, including draft texts and explanatory materials, on the Bank of Russia's official website at www.cbr.ru.