The Central Bank of Russia reported on a 24 March 2025 meeting of its National Financial Board (NFB), which reviewed information from the Bank of Russia Board of Directors on the regulator’s key activities in 2024 Q4 and assessed the independence and quality of the audit firms that performed the mandatory audit of the Bank of Russia’s annual financial statements. The NFB also approved its Action Plan for 2025 and its new Regulations. The agenda additionally covered countering offences, including those committed using social engineering, measures to encourage individuals’ long-term savings, and issues relating to credit holidays.
Central Bank of Russia 2025-03-25
Central Bank of Russia National Financial Board approves 2025 action plan and new regulations and assesses audit firms’ independence
The Central Bank of Russia's National Financial Board reviewed the Bank's key activities for Q4 2024 and assessed the audit firms' independence and quality. The Board approved its 2025 Action Plan and new Regulations, and discussed countering offences, promoting long-term savings, and credit holiday issues.