The Central Bank of Russia has published its Banking Regulation Review for 2025 Q4, setting out several planned prudential changes for 2026. The main measures include innovations in credit risk assessment for calculating capital adequacy and concentration ratios by the end of 2026 Q1, alongside changes intended to simplify the transfer of credit risk to investors through advanced financial instruments, including digital financial assets. The review also says the regulator will publish a report following market discussion of its new methodology for identifying systemically important banks. That report will set out adjusted indicators for assessing a bank’s importance and further regulatory steps. In 2026 H1, the Central Bank of Russia plans to let banks deduct investments in intangible assets created for import substitution of critically important technologies and solutions from capital over four years rather than immediately. It is also preparing a new methodology for assessing developers’ credit risk for discussion with market participants, with the aim of making provisioning more risk-sensitive. The review additionally highlights measures already taken. Changes in loan provisioning, finalized after discussions with banks, have been posted for regulatory impact assessment, and new approaches to regulating consolidated ratios have already been presented to the market.
Central Bank of Russia2026-02-16
Central Bank of Russia outlines 2026 banking regulation plans on credit risk, systemic importance and capital deductions for import substitution assets
The Central Bank of Russia’s Banking Regulation Review for 2025 Q4 outlines planned 2026 prudential changes, including new credit risk assessment methods for capital adequacy and concentration ratios and a report on revised indicators for systemically important banks. It also plans to phase capital deductions for certain import-substitution intangible assets over four years and is preparing a more risk-sensitive methodology for assessing developers’ credit risk.