The Central Bank of Russia has updated the requirements for banks’ financial resilience recovery plans, with the new rules taking effect from 1 January 2026, drawing on supervisory assessment experience accumulated since 2019 to improve plan effectiveness under stress. The updated framework sets parameters for stress scenarios, introduces indicators for the occurrence of shocks, and specifies how banks must demonstrate the feasibility of proposed recovery measures and the level of detail expected in the plans. Systemically important credit institutions must submit recovery plans prepared under the new requirements to the Central Bank of Russia by 1 July 2026, while other banks will be required to do so at the regulator’s request.
Central Bank of Russia 2025-10-30
Central Bank of Russia updates banks’ financial resilience recovery plan requirements effective 1 January 2026
The Central Bank of Russia has revised requirements for banks' financial resilience recovery plans, effective 1 January 2026, to enhance effectiveness under stress. The updated framework includes parameters for stress scenarios, shock indicators, and mandates detailed demonstration of recovery measures. Systemically important credit institutions must submit plans by 1 July 2026, with other banks submitting upon request.