The Central Bank of Russia announced enforcement action against professional securities market participants (PSMPs) for breaching Russian presidential executive orders that govern transactions with non-residents under the anti-sanctions regulatory framework. From January to September 2025, the Bank identified violations of executive orders introducing temporary economic measures to support financial stability, setting a procedure for meeting obligations to certain foreign creditors, imposing additional measures related to securities trading, and establishing special economic measures in the financial and fuel and energy industries. It imposed fines totalling over RUB 20 million on five financial institutions acting as PSMPs and cancelled the licences of three depositories. The Bank said it will continue to closely monitor PSMPs’ compliance and publish information on violations and penalties on its website.
Central Bank of Russia 2025-09-26
Central Bank of Russia strengthens enforcement of anti-sanctions rules, fining PSMPs over RUB 20 million and revoking three depository licences
The Central Bank of Russia acted against securities market participants for breaching orders on non-resident transactions under the anti-sanctions framework. From January to September 2025, fines over RUB 20 million were imposed on five financial institutions, and three depositories had licenses revoked. The Bank will continue monitoring compliance and publish violations and penalties online.