The State Duma has passed a law increasing the maximum claimable amount under compulsory motor third-party liability insurance (CMTPLI) when documenting road accidents using the European Accident Statement.
The Bank of Russia is set to introduce new regulations aimed at easing the capital burden on banks involved in financing public-private partnership (PPP) projects.
People are increasingly using QR codes, e-wallets, biometric data, and other services for cashless and cardless payments, according to recent statistics from the Bank of Russia.
The Bank of Russia has issued a recommendation for banks to thoroughly evaluate the risks when lending to developers, especially in cases where a significant portion of housing is sold through instalment plans.
Michael E. Horowitz has been appointed as the Inspector General for the Federal Reserve Board's Office of Inspector General (OIG), effective June 30, 2025.
The All Russia Association of the Blind, which supports over 185,000 individuals in overcoming challenges and protecting their rights, is being commemorated with a new coin issued by the Bank of Russia.