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The Central Bank of the Russian Federation (CBR) has opened public consultations on several draft regulatory instruments across banking, securities, and anti-money laundering compliance. The consultations form part of the CBR's 2026 regulatory agenda and invite stakeholder feedback through designated email addresses. Key draft directives under consultation include amendments to bank capital adequacy assessment methodologies (Directives 3707-U and 4466-U), procedures for electronic document exchange between banks and tax authorities, and protocols for establishing the timing of tax authority decisions to suspend accounts. Additional proposals address credit reserve formation for multi-apartment residential construction, securities disclosure requirements for issuers of debt securities, and know-your-customer (KYC) identification standards for anti-money laundering and counter-terrorism financing (AML/CTF) purposes. The CBR is also seeking feedback on amendments to Directive 6222-U and modifications to Regulation 841-P, as well as proposing the repeal of Directive 3352-U from 2014. A supplementary table of comments and recommendations regarding amendments to Directive 6406-U, previously consulted between March 23 and April 23, 2026, has been published. Comment periods vary by proposal, with deadlines ranging from May 6 to May 17, 2026. Stakeholders should submit responses to the designated contact email addresses provided for each consultation. All draft directives and accompanying explanatory notes are available on the CBR website, with corruption impact assessments conducted in accordance with Russian regulatory requirements. Submissions may also be made through the Federal Portal of Draft Regulatory Acts (regulation.gov.ru).

On May 5, 2026, the Central Bank of Russia (CBR) launched a consultation on the Draft Bank of Russia Instruction "On Amending Bank of Russia Instruction No.4466-U of July 12, 2017 on the Methodology for the Bank of Russia's Assessment of the Sufficiency of a Bank's Assets to Settle Its Obligations". Key points include: When determining the amount of the provision formed, where a borrower has been granted several loans, the specific provisions for the formation of loan provisions set out in clause 4.1 of CBR Regulation No.590-P shall apply. Investments in digital financial assets shall be valued at carrying amount. The value of digital financial assets is adjusted by 100 percent of the carrying amount, taking into account the provision for possible losses formed by the bank or the accrued revaluation in cases where: There is no confirmation of rights to the relevant type of digital financial asset. The financial position of the issuer and counterparty of the digital financial asset is assessed as poor, taking into account the requirements of paragraphs 3.3 to 3.5 of CBR Regulation No.590-P. There is no confirmation of rights to the relevant type of digital financial asset. The financial position of the issuer and counterparty of the digital financial asset is assessed as poor, taking into account the requirements of paragraphs 3.3 to 3.5 of CBR Regulation No.590-P. Comments and feedback are welcome up until May 17, 2026, and can be sent via email to egorovava@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 Assessment of Sufficiency of a Bank's Assets