National Financial Board holds meeting

On 9 December 2022, the National Financial Board (NFB) meeting considered the Monetary Policy Guidelines for 2023–2025, information from the Bank of Russia Board of Directors on the key issues of the regulator’s activities in 2022 Q3 and the Bank of Russia Chief Auditor’s report on the work of the Bank of Russia Chief Auditor’s Office in 2022.

Participants in the meeting discussed a proportionate approach to banking regulation and measures to promote lending for technological sovereignty projects and the structural adaptation of the economy. The NFB reviewed the issues of creating a regulatory framework for the activity of leasing companies and the progress of the work to create and develop a digital ruble platform. Reports were heard on the results of the measures taken to protect financial sovereignty from unfriendly actions of foreign states and the introduction of the centralised information service Know Your Customer in the banking sector.

The National Financial Board also reviewed the drafts of the Russian Financial Market Development Strategy through 2030 and the Russian Financial Market Development Programme for 2023–2025.

The NFB approved Bank of Russia regulations on accounting at the Bank of Russia as well as total staff costs, expenses for pensions, life and health insurance of Bank of Russia employees, capital investments, and other general and administrative expenses.

The reference to the Press Service is mandatory if you intend to use this material.

09.12.2022 17.21.00