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The Central Bank of the Russian Federation (Bank of Russia) has published multiple draft regulatory acts for public consultation on its official website. The consultations cover a range of financial sector matters and are open to stakeholder feedback through designated email addresses. The draft acts under consultation include: amendments to procedures for electronic document exchange between tax authorities and banks regarding account suspension decisions; modifications to existing Central Bank directives on anti-money laundering and counter-terrorism financing (AML/CTF) requirements; revisions to credit reserve formation procedures for residential and commercial real estate lending; disclosure requirements for securities issuers; and updates to internal control rules and qualification standards for compliance officers at financial institutions. The consultations address key regulatory areas including client identification and beneficial ownership verification for AML/CTF purposes, internal control frameworks for money services organisations, and information disclosure standards for capital markets participants. One draft act seeks to repeal a Central Bank directive from 30 July 2014 (No. 3352-U). Comments on the draft regulatory acts are being accepted through May 2026, with individual deadlines ranging from 4 May to 15 May 2026. Stakeholders must submit feedback to designated email addresses corresponding to each draft act. The Bank of Russia has also published explanatory notes and a template for submitting comments as part of its regulatory impact assessment process. All draft acts are available on the Bank of Russia website, with additional materials accessible through the Federal Portal for Draft Regulatory Legal Acts (regulation.gov.ru). REFERENCES: Central Bank of the Russian Federation. Проекты нормативных актов Банка России. Available at: www.cbr.ru

On April 30, 2026, the Central Bank of Russia (CBR) launched a consultation on the Draft Decree on the Procedure for Banks to Send Certain Bank Documents to Tax Authorities in Electronic Form and on the Procedure for Determining the Date and Time of Receipt by a Bank of a Tax Authority's Decision to Suspend Transactions on the Accounts of a Corporate Taxpayer at the Bank and the Transfer of its Electronic Funds in Electronic Form. This decree establishes the following: The procedure for the Federal Tax Service (FTS) is to send the following documents to the bank in electronic form. Decisions of the FTS to suspend transactions on the accounts of a corporate taxpayer at a bank and transfers of its electronic funds. The procedure for the bank to send the following documents to the FTS in electronic form: Notifications of non-execution (partial execution) of a taxpayer's instruction or an instruction from the tax authority. Notification containing information on the balances of funds of the corporate taxpayer in bank accounts and on the balances of electronic funds. The procedure for determining the date and time of the bank's receipt of the FTS' decision to suspend transactions on the corporate taxpayer's bank accounts and transfers of its electronic funds in electronic form. Notifications of non-execution (partial execution) of a taxpayer's instruction or an instruction from the tax authority. Notification containing information on the balances of funds of the corporate taxpayer in bank accounts and on the balances of electronic funds. The procedure for determining the date and time of the bank's receipt of the FTS' decision to suspend transactions on the corporate taxpayer's bank accounts and transfers of its electronic funds in electronic form. Comments and feedback are welcome up until May 14, 2026 and can be sent via email to SVC_DNPS_PSBR_ORG@cbr.ru .

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Russia's Central Bank Publishes Draft Regulatory Acts for Public Consultation

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Central Bank of Russia Consults on Tax Reporting Requirements for Banks