trending Market Intelligence /marketintelligence/en/news-insights/trending/fy2ya8B6gZ_k786ggo-AcQ2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Russian central bank looks to ease the regulatory burden on local lenders

Street Talk - Ep. 64: Coronavirus jumpstarts digital adoption

Street Talk Podcast

Street Talk - Ep. 63: Deal talks continue amid bank M&A freeze, setting up for strong Q4

Street Talk Podcast

Street Talk - Ep. 62: 'Brutal' outlook for oil demand offers banks in oil patch no relief

Amid Q1 APAC Fintech Funding Slump, Payment Companies Drove Investments


Russian central bank looks to ease the regulatory burden on local lenders

The Central Bank of the Russian Federation initiated steps to reduce the regulatory burden on local financial institutions, with the upcoming changes to mainly affect prudential requirements for banks.

The regulator said in its Oct. 14 filing that it plans to update the procedure for calculating the ratio for certain payment card transactions and to abolish the ratio that restricts banks' lending to their insiders. The watchdog will also remove the restriction on banking groups' participation in the equity of other legal entities — although this restriction will still apply to banks on a stand-alone basis.

The central bank also wants to reduce the amount and scope of reporting local lenders are mandated to publicly disclose or submit to the regulator. Some lenders will no longer have to submit statements regarding Basel III liquidity coverage ratios, while requirements regarding the public disclosure of information regarding maximum deposit interest rates will be modified by the regulator.

Additionally, the watchdog will look into simplifying the methodology for assessing banks' economic situation. For lenders undergoing resolution, there are plans to abolish the obligatory compilation and submission of capital recovery plans.

The planned measures will be published as draft amendments and put up by the regulator for public discussions.

The changes could result in the reduction of administrative costs which could be a boon for individual banks — especially those with a small business scale — but they are unlikely to significantly reduce the regulatory burden on banks, Kommersant said in its Oct. 15 report.