The Central Bank of Russia will resume publishing information on the… (финансовый · организация · участник)
The Central Bank of Russia will resume publishing information on the ownership structure of financial organizations starting January 1, 2027, but the data will be disclosed in an anonymized format. Officials at the Central Bank noted that the new arrangement will not impose additional burdens on market participants.
Consensus
- The Central Bank of Russia will resume publishing information about the ownership structure of financial organizations starting January 1, 2027.
- The new format will present information in an anonymized form.
- The disclosure will be based on 14 criteria with responses limited to 'yes', 'no', or 'not applicable'.
- The new approach applies to banks, non-state pension funds, insurance companies, asset management companies, and microfinance organizations.
- The Central Bank will independently create the anonymized ownership structure using input from financial institutions.
- The format was discussed with market participants and received their support.
- The change aims to provide necessary information to the market while reducing sanction risks for owners.
Points of divergence
- The Central Bank will publish a list of facts characterizing ownership structure participants, including whether regulatory directives were issued due to poor business reputation or financial condition. — interfax
- The Central Bank previously allowed financial organizations to conceal 'sanction-sensitive' information starting in March 2022, and this measure was extended several times. — vedomosti
Coverage (3 sources)
- Central Bank will disclose ownership information of financial organizations in a new format starting from 2027 — Интерфакс
- Central Bank will disclose ownership structure data of financial organizations in anonymized form starting from 2027 — Интерфакс
- Central Bank to Resume Disclosure of Financial Organizations' Ownership Structure in 2027 — Ведомости