New requirements for banks’ financial resilience recovery plans to become effective on 1 January 2026

Systemically important credit institutions will be required to submit their plans drawn up according to the new rules to the Bank of Russia until 1 July 2026 (other banks – at the regulator’s request).

The new regulation outlines the parameters of stress scenarios, establishes shock occurrence indicators, and stipulates how banks should demonstrate the feasibility of financial resilience recovery measures and how detailed their plans should be.