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The Central Bank of Russia (Bank of Russia) has opened public consultations on multiple draft regulatory acts across various financial sectors. The consultations form part of the Bank of Russia's 2026 regulatory agenda and invite stakeholder feedback through designated email addresses. The draft regulations under consultation include amendments to existing directives covering insurance life contracts, credit organisation founder requirements, and financial market safeguards. Specifically, the Bank of Russia is consulting on: amendments to Instruction No. 7169-U (September 17, 2025); amendments to Instruction No. 6316-U (November 16, 2022); amendments to Instruction No. 6960-U (December 16, 2024); a new regulation on assessing the financial position of credit organisation founders and participants under Federal Law No. 281-FZ (July 29, 2017); amendments regarding life insurance contract obligations and surrender value calculations; and amendments to Positions No. 843-P, No. 727-P, No. 728-P, No. 777-P, and No. 844-P, alongside amendments to Instruction No. 6870-U (September 27, 2024). The consultation deadlines range from April 14 to April 26, 2026, with responses directed to designated Bank of Russia officials via email. The Bank of Russia has published explanatory notes for each draft regulation and provided a template for submitting comments. All proposed regulations are subject to regulatory impact assessment and corruption risk evaluation. Stakeholders, including financial institutions, insurance organisations, and other market participants, are encouraged to submit formal comments during the designated consultation periods to ensure their perspectives inform the final regulatory framework.

On April 14, 2026, the Central Bank of Russia (CBR) launched a consultation on the Draft Bank of Russia Instruction "On Amendments to Bank of Russia Instruction No.7169-U dated September 17, 2025". Key points include: A person appointed to the position of head of risk management of a central counterparty must meet the following qualification requirements: Possession of a higher education qualification. Possession of relevant experience in the performance of duties as an official responsible for managing risk management systems, performance duties of a controller or internal auditor. Possession of a higher education qualification. Possession of relevant experience in the performance of duties as an official responsible for managing risk management systems, performance duties of a controller or internal auditor. A person, upon appointment to the position of head of internal audit or head of internal control service of a central counterparty, must meet the following qualification requirements: Possession of a higher education qualification. Possession of the relevant experience in the performance of the duties of a controller (for a total duration of one year) and the performance of the duties of an employee of an internal control service (for a total duration of two years). Possession of a higher education qualification. Possession of the relevant experience in the performance of the duties of a controller (for a total duration of one year) and the performance of the duties of an employee of an internal control service (for a total duration of two years). Feedback and comments are welcome up until April 26, 2026 and can be sent via email to mka@cbr.ru .

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Russia's Central Bank Opens Public Consultation on Multiple Regulatory Amendments

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Central Bank of Russia Consults on Amendments to Directive No.7169-U