The Central Bank extends the restriction on disclosure of information for banks

AK&M 01 December 2022 12:44

From January 1, 2023, the Bank of Russia extends the restriction on disclosure of financial statements in modified form for credit institutions. This is evidenced by the message of the Central Bank.

At the same time, the transition from the prohibition of disclosure of information to mandatory disclosure in a limited format is envisaged.

In addition, until July 1, 2023, the right is extended not to disclose information sensitive to sanctions risk, including on reorganization, ownership structure, members of management bodies and other officials of credit institutions, on persons controlling credit institutions, on material facts affecting the financial and economic activities of a credit institution reorganized in the form of a merger., joins and transformations.