National Financial Board holds meeting

The National Financial Board reviewed the draft Monetary Policy Guidelines for 2023–2025, the information from the Bank of Russia Board of Directors on the key issues of the regulator’s activities in 2022 Q2, and the report on the results of review of additional issues raised by the NFB within the audit of the Bank of Russia Annual Financial Statements for 2021.

Participants in the meeting discussed the first results of implementing the law on digital financial assets and the issues of further regulation in this sphere. Also, they considered the ways to adjust capital adequacy and liquidity coverage ratios to enhance the stability of the banking system in a challenging economic situation, and information on the measures taken within the behavioural reset in the financial market.

The National Financial Board decided to engage the consortium of auditing organisations — the Center for Audit Technologies and Solutions Limited Liability Company and FinExpertiza LLC, to conduct the required audit of the Bank of Russia Annual Financial Statements for 2022.

The NFB approved Bank of Russia regulations on accounting in the Bank of Russia.

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06.10.2022 10.00.00