The Central Bank of Russia announced that, from 1 October 2026, issuers of digital financial assets will have to disclose more information on the terms of their issues under an ordinance registered by the Russian Ministry of Justice. The expanded requirements mean a decision to issue DFAs must include data from the issuer’s accounting statements or a link to where those statements are published. If the issuer has a credit rating, the decision must also include a link to the website of the credit rating agency that assigned it. The changes place particular emphasis on credit DFAs, which give investors payouts linked to payments under a bank loan agreement and transfer to them the default risk originally borne by the creditor. When issuing these instruments, banks will have to inform investors about the relevant loan agreements and the borrowers under them. For credit portfolios, disclosures must cover the portfolio’s qualitative assessment, its major borrowers and the share of overdue payments. The Central Bank of Russia also notes that, given their complexity, these products are intended only for qualified investors.
Central Bank of Russia2026-06-18
Central Bank of Russia expands digital financial asset disclosure rules with added requirements for credit DFA issues
The Central Bank of Russia will require broader disclosures for digital financial asset issues from 1 October 2026 under an ordinance registered by the Russian Ministry of Justice. Issuers must include accounting statement information or a publication link, and rated issuers must link to the relevant credit rating agency. Banks issuing credit DFAs must also disclose loan, borrower and portfolio quality information.