National Financial Board reviews policy guidelines and approves auditor for Bank of Russia

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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At a meeting held on September 29, 2025, the National Financial Board (NFB) reviewed several key financial initiatives. The agenda included drafts of the Monetary Policy Guidelines and the Russian Financial Market Development Programme for 2026–2028.

Board members discussed issues related to macroprudential regulation and trends in the consumer lending market. During the session, the NFB approved new accounting regulations set by the Bank of Russia.

The board also examined reports from the Bank of Russia’s Board of Directors concerning core activities during the second quarter of 2025. In addition, they considered responses to further questions posed by the NFB to auditors regarding the audit of the Bank of Russia’s annual financial statements for 2024.

The NFB determined that TSATR – Audit Services Limited Liability Company meets independence standards required for auditing firms conducting statutory audits of central bank accounts. The board decided to propose TSATR as auditor for the Bank of Russia’s annual financial statements for 2025.

Other topics included discussions on developing partnership financing in Russia and implementing investment projects based on equity financing.

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