National Financial Board discusses audit quality and financial strategies for 2025

Elvira Nabiullina Governor of the Central Bank of Russia - Official website
Elvira Nabiullina Governor of the Central Bank of Russia - Official website
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The National Financial Board (NFB) convened on March 24, 2025, to review several critical topics. The agenda included examining information from the Bank of Russia’s Board of Directors concerning the main activities undertaken by the regulator during the fourth quarter of 2024. Additionally, an assessment was conducted on the independence and quality of audit firms that performed mandatory audits on the Bank of Russia’s annual financial statements.

During the meeting, participants addressed issues related to countering offences, particularly those involving social engineering tactics. They also explored strategies to encourage long-term savings among individuals and discussed matters pertaining to credit holidays.

Furthermore, the NFB approved its Action Plan for 2025 along with new regulations.

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