The Central Bank has identified the main changes in the regulation of retail mutual funds

553
1
AK&M 12 November 2025 15:24

The Bank of Russia has identified the main changes in the regulation of retail mutual funds (mutual funds). This is reported on the regulator's website.

The Central Bank, in particular, intends to increase the available investment facilities through non-traded securities and simple debt digital financial assets. At the same time, the share of such products in retail mutual funds will be limited to a single limit of 10% and 20% for closed mutual funds.

The regulator plans to grant the management company the right to refuse to form a mutual fund if the idea has lost its relevance or there is no demand for such an investment strategy. This will speed up the return to investors of their funds transferred to pay for investment units.

It is planned to introduce a procedure for combining several exchange-traded mutual funds into one fund. Now open mutual funds have such an opportunity. It is used to increase the efficiency of fund management and minimize transaction costs.

These and other measures will be developed in 2026-2027.