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National Financial Board holds meeting

24 September 2024
Press release

At its meeting on 23 September 2024, the National Financial Board (NFB) considered the drafts of the Monetary Policy Guidelines and the Russian Financial Market Development Programme for 2025–2027.

The participants in the meeting discussed the state of mortgage and unsecured consumer lending as well as the effect of the measures to limit the household debt burden.

The NFB approved the regulations with respect to accounting at the Bank of Russia. It also reviewed the information from the Board of Directors relating to the main issues concerning the Bank of Russia’s activities in 2024 Q2 and the results of consideration of the NFB’s additional questions to the auditor of the Bank of Russia as part of the audit of the Bank of Russia’s annual financial statements for 2023.

Based on the results of the tender to choose auditors of the Bank of Russia’s annual financial statements for 2024, the NFB recognised:

  •  TSATR — Audit Services Limited Liability Company as the winner of the tender and
  •  FBK, LLC as the runner-up.

The NFB acknowledged that the said companies met the requirement that audit firms should be independent to hold a mandatory audit of the Bank of Russia’s annual financial statements.

The NFB decided to appoint TSATR — Audit Services Limited Liability Company as the auditor of the Bank of Russia’s annual financial statements for 2024.


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24.09.2024 13.48.00