meta_id 3185024

On January 12, 2026, the Central Bank of Russia published the Regulation on the Procedure for Credit Institutions to Establish Provisions for Potential Losses and on the Bank of Russia's Supervision of Compliance Therewith, applicable to banks. General provisions include: A bank shall establish provisions for potential losses in regard to its balance sheet assets for which there is a risk of incurring losses, contingent credit obligations, claims for interest income on credit claims and other losses or additional expenses. When establishing provisions, the principle of giving priority to the economic substance of transactions over their legal form must be applied. A bank shall not form provisions in regard to loans, loan-related and equivalent debt. Potential losses of a bank in relation to the formation of reserves constitute the risk of incurring losses due to the occurrence of one or more of the following circumstances: Non-performance or improper performance of obligations by a counterparty of the bank regarding transactions it has carried out or as a result of non-performance of obligations by a person whose proper performance of obligations is guaranteed by an obligation assumed by the bank. Impairment or reduction in the value of the bank's assets. An increase in the amount of the bank's liabilities and/or expenses with those previously recognised in the accounts. Non-performance or improper performance of obligations by a counterparty of the bank regarding transactions it has carried out or as a result of non-performance of obligations by a person whose proper performance of obligations is guaranteed by an obligation assumed by the bank. Impairment or reduction in the value of the bank's assets. An increase in the amount of the bank's liabilities and/or expenses with those previously recognised in the accounts. This regulation comes into effect ten days after its official publication.