National Financial Board holds meeting

At its meeting conducted on 31 May 2021, the National Financial Board (hereinafter, the NFB) discussed the 2020 Annual Report of the Bank of Russia, the 2020 performance report of the Limited Liability Company Fund of Banking Sector Consolidation Asset Management Company. The meeting also heard the information of the Bank of Russia Board of Directors on the key issues of the Bank of Russia’s activities in 2021 Q1.

The NFB members discussed certain issues of the implementation of the Russian legislation on the critical information infrastructure in banks and financial institutions, the work conducted by the Bank of Russia with rehabilitated credit institutions, as well as the activity of the Financial Ombudsman Administration.

The NFB approved the Bank of Russia’s 2020 statement of personnel costs, pension provision, life and medical insurance of Bank of Russia employees, capital investment and other general administrative costs, and decided to hold a tender to select the Auditor for the Bank of Russia’s 2021 annual financial statements.

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01.06.2021 00.00.00