The National Financial Board (NFB) recently convened to discuss several important topics, including the Monetary Policy Guidelines for 2025–2027. The meeting also reviewed information from the Bank of Russia's Board of Directors concerning key issues faced by the regulator during the third quarter of 2024. Additionally, an annual report was presented by the Bank of Russia’s Chief Auditor.
During this gathering, NFB members evaluated both the results and future prospects of incentive-based regulation within the banking sector. A report on significant stages in developing the Bank of Russia’s digital ruble platform project was also heard.
The NFB approved various financial aspects related to the Bank of Russia. These included total staff costs, pension provisions, personal insurance for employees, capital investments, and other general administrative expenses. Furthermore, regulations on accounting and provisioning at the Bank of Russia were also sanctioned.
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