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of Hummels et al. (2001) in order to elimi-
nate limitations of initial model (due to assumption of equality of intensity of the use of
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not only the penetration of Mir cards, but also the overall portion of cashless payments. The experience of the implementation of the law since 2017,
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30 September 2020 the Bank of Russia will carry out operations to sell foreign currency earned from the sale of Sberbank’s equity only if
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of Russia.
The new law has updated the list of transactions the information on which shall be submitted to CHBs and expanded the number of
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the Bank of Russia’s policy in the area of anti-money laundering and combating the financing of terrorism and the proliferation of weapons of mass
official position of the Bank of Russia. The Bank of Russia assumes no responsibility for the contents of the paper. Any
reproduction of these materials
Bank of Russia’s medium-term forecast
following the Bank of Russia Board of Directors’ key rate meeting on 24 July 2020
Key forecast parameters of
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Bank of Russia after the decision of the general shareholders’ meeting on its voluntary liquidation (in accordance with Article 61 of the Civil Code of
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Bank of Russia after the decision of its sole owner on its voluntary liquidation (in accordance with Article 61 of the Civil Code of the
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of Article 7) of the Federal Law ‘On Countering the Legalisation (Laundering) of Criminally Obtained Incomes and the Financing of Terrorism’, and the requirements of