MIL OSI Translation. Region: Russian Federation –
Source: Central Bank of Russia – Central Bank of Russia –
The new document talks about what has already been done and what remains to be done to implement the plans – in particular, to improve approaches to assessing concentration risks, project financing, to update supervisory tools and other areas.
The report also provides details on new regulatory initiatives that will be the focus of the Bank of Russia in the near future. Thus, it is planned to develop the concept of an “orange zone” of regulations to give banks a little more flexibility in complying with certain regulations, but with an economic penalty for exceeding the optimal level of risk. To level out competition in the mortgage lending segment, risk-sensitive weights will be introduced.
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Note; This information is raw content directly from the source of the information. This is exactly what the source states and does not reflect the position of MIL-OSI or its clients.
Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.
EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.
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