TITLE: Russia's Bank of Russia Launches Consultation on Artificial Intelligence Use in Financial Markets
BODY:
On November 20, 2025, the Bank of Russia (CBR) launched a public consultation on a report addressing the application of artificial intelligence (AI) in the financial market, examining the current status and conditions for further development of AI technologies within Russia's financial sector.
The consultation report, titled "Application of Artificial Intelligence in the Financial Market: Current Status and Conditions for Further Development," seeks to gather feedback from market participants, industry stakeholders, and the public on AI implementation across financial services. The initiative reflects the CBR's recognition of AI's growing role in financial markets and the need to establish a regulatory framework that balances innovation with financial stability and consumer protection. The report likely addresses key considerations including governance frameworks for AI-driven systems, risk management protocols, transparency and disclosure requirements for AI-based financial products and services, and safeguards against algorithmic bias and market manipulation. The consultation also appears designed to identify barriers to responsible AI adoption and establish conditions that support technological advancement while maintaining market integrity.
The CBR is accepting responses, questions, and suggestions regarding the report until December 30, 2025 (inclusive). Stakeholders should submit their feedback to ai_doklad@cbr.ru. The CBR plans to publish a summary report of the public consultation outcomes on May 28, 2026, which will inform the development of future AI governance guidance for Russia's financial markets.
REFERENCES:
Bank of Russia. "Доклад для общественных консультаций 'Применение искусственного интеллекта на финансовом рынке: текущий статус и условия дальнейшего развития'." Accessed November 20, 2025. https://www.cbr.ru/