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pc nid 93578 Jun 30, 2026 arahman@vixio.com Russia The central Bank of Russian Federation horizon scanning
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Central Bank of Russia Publishes Regulation on Instalment Payment Services

On March 24, 2026, the Central Bank of Russia (CBR) published Regulations on the issuance by the Bank of Russia of the instructions specified in Part 6 of Article 8 and Parts 4 to 6 of Article 9 of Federal Law No. 283-FZ of July 31, 2025, “On Activities Related to the Provision of Instalment Payment Services", and their forms, on the procedure for determining the number of shares (stakes) of an instalment service operator in the cases provided for in Parts 14 and 15 of Article 9 of Federal Law No. 283-FZ of July 31, 2025, “On Activities Related to the Provision of Instalment Payment Services”, and on the form of the Bank of Russia’s act revoking the directive specified in Parts 4 to 6 of Article 9 of Federal Law No. 283-FZ of July 31, 2025, “On Activities Related to the Provision of Instalment Payment Services”. These regulations establish: The procedure and deadlines for the CBR to issue the directive provided for in Part 6 of Article 8 of Federal Law No. 283-FZ of July 31, 2025 “On Activities Related to the Provision of Installment Payment Services, ” as well as the procedure for the Bank of Russia to issue the directive specified in Parts 4 to 6 of Article 9 of Federal Law No. 283-FZ of July 31, 2025, “On Activities Related to the Provision of Installment Payment Services”. The list of persons to whom copies of the directive specified in Parts 4 to 6 of Article 9 of Federal Law No. 283-FZ of July 31, 2025, “On Activities Related to the Provision of Instalment Payment Services” are sent, as well as the procedure by which the CBR sends copies of said directive to such persons and to the instalment service operator. The procedure by which the instalment service operator notifies its shareholders (participants) of the receipt of a copy of the order. The procedure for determining the number of shares (stakes) of the instalment service provider that confer voting rights on each shareholder (member) who is part of a group of persons holding more than 10 percent of the shares (interests) of the instalment service provider, effective from the day following the date on which the instalment service provider receives a copy of the order. These regulations enter into force ten days after their official publication.