The regulator allowed banks not to publish this information until the end of 2022
Photo: Andrey Lyubimov / RBC
Information about the owners of credit organizations has disappeared from the website of the Central Bank. On the pages of specific financial institutions, there was no heading “Information on the controlling persons of the bank”, although it was previously there. RBC sent a request to the Central Bank.
On March 18, the Board of Directors of the Bank of Russia allowed financial institutions not to disclose some of the data until the end of this year – about their controlling persons, the merger, transformation or reorganization of a company, or about members of management bodies or other officials. Such a decision of the Board of Directors of the Central Bank, however, does not release financial institutions from the obligation to regularly report in the prescribed manner.
By this decision, the Board of the Central Bank allowed the regulator itself not to disclose this information on its website until the end of 2022. At the same time, as of March 20, on the website of the Central Bank kept information on the procedure for the reorganization of banks.
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In early March, the Central Bank allowed Russian banks not to publish key reporting forms under Russian Accounting Standards (RAS), including for February, on their websites and on the website of the regulator. This measure was explained by the Central Bank by reducing the risks of credit institutions that are associated with international sanctions. Market participants can still disclose “if necessary” statements to their counterparties, the Bank of Russia noted.