Moscow: The Bank of Russia's
recommendations are designed to protect banks' information infrastructure facilities, ATMs and POS-terminals against cyber-attacks.
According to the Bank of Russia's
information, isolated cases of infection of objects of information infrastructure were detected.
The Central Bank of Russia's
policies have also helped the banks weather the negative impact of the triple whammy of sanctions, plunging oil prices, and ruble depreciation on the Russian economy.
9 November 2011 - Russian Uniastrum Bank saw net profit for the first nine months of the year plunge 48%, the bank's documents, published on the Central Bank of Russia's
website on Tuesday, showed.
Moscow: The International Association of Insurance Supervisors approved the Bank of Russia's
application to enter into the Multilateral Memorandum of Understanding on cooperation and information exchange (IAIS MMoU).
Bank of Russia's
board of directors took into consideration the increase in inflationary risks before the rate move was announced.
It is published in line with the Bank of Russia's
ongoing efforts to roll out a data management system at the Bank of Russia; furthermore, its publication will improve Bank of Russia interaction with reporting organisations.
The programme is aimed at increasing the Bank of Russia's
ability to maintain the stability of the banking system.
Market participants approved the Bank of Russia's
proposals and expressed their interest in launching the 'regulatory sandbox' as soon as possible.
The Bank of Russia's
approaches to its monetary policy will remain unchanged in the context of the implementation of the 'fiscal rule'.
Moving forward, the Bank of Russia's
key rate decisions will be based on its assessment of the balance of risks of inflation's material and sustainable deviation in either direction from the target, as well as the dynamics of economic activity against the forecast.