On Jul. 17, 2025, RUS CB published ordinance 7104-U in force on Sep. 1, 2025.
On Feb. 26, RUS CB drafted financial/commodity worker requirements.
RUS CB published draft directive On the qualification requirements to be met by persons specified in para 1, part 1, art 7, Federal Law dated Dec. 13, 2024, 452-FZ.
On administrators of financial and commodity indicators, procedure and deadlines for notifying RUS CB of appointment to a position, (dismissal), temporary performance of duties (termination) for positions in Law 452-FZ; procedure for implementation by CB.
Conformity assessment of persons specified in Law 452-FZ, qualification requirements established by RUS CB regulatory act RUS CB adopted in accordance with law and/or requirements for business reputation as per law 452-FZ, with explanatory note.
Consultation documents are only available on RUS CB website until comment deadline.
Summary
Order is proposed as per law 452-FZ on financial indicator administrators; establishes the legal framework for the activities of indicator administrators, see #205899.
Gives RUS CB authority to set qualification requirements for those performing functions of sole executive body, chief accountant, others responsible for accounting, controller for the administrator of financial and commodity indicators (indicator administrators).
Procedure for notifying RUS CB of appointment to a position and dismissals; temporary performance of duties; termination of these; creating form/documents for notifications.
Also allows RUS CB to set a procedure for assessing compliance with the qualification requirements, and/or the requirements for business reputation as established in law.
The deadline for the entry into force of the provisions is Sep. 1, 2025.
Effectiveness
Proposals and comments are invited until Mar. 11, 2025.
Jun. 2025 Ord Issued
On Jul. 17, 2025, RUS CB published ordinance 7104-U in force on Sep. 1, 2025.
Regulators
RUS CB
Entity Types
Bank; MSB
Reference
PR 7/17/2025; Ord 7014-U, 6/26/2025; CP, 2/26/2025; Law 452-FZ, 12/13/2024
Functions
Compliance; Financial; HR; Legal; Operations; Registration/Licensing; Reporting; Risk; Training
