Central Bank of Russia introduces extra bank-client checks for requests to delete entries from its fraud database

The Central Bank of Russia has revised how it handles applications to remove information from its database on fraudulent transactions, adding an extra verification step that requires banks to re-confirm the client’s position before a case is removed. When the regulator reviews a removal request and sends inquiries to banks, the banks must contact the client (payer) whose application led to the entry in the database, confirm whether the client still considers the transaction fraudulent, and report the outcome to the regulator. The updated ordinance also changes the submission route for requests filed by a client’s representative acting under a power of attorney, requiring the application to be lodged with the client’s servicing bank. For applications submitted via the Central Bank of Russia website, individuals (including individual entrepreneurs) may include details of invalid passports, which is intended to help the regulator identify the applicant’s records in the database after a passport change. The ordinance additionally sets out a procedure for the Central Bank of Russia to provide information about refusals to accept funds received via a fraudulent transfer, a procedure that has been in effect since the beginning of 2026. The new verification mechanism and related application process changes take effect on 2 May 2026.