By the end of this year, the Bank of Russia plans to conduct a “calibration survey” of banks with a universal license for their readiness to apply the new rules for regulating ecosystems.
For calculations, the regulator intends to apply new parameters for regulating banks' investments in non-financial and non-core assets - “assessment of immobilized assets (IA) on the balance sheets of banks, calculation of immobilization ratios for different groups of their assets, as well as the risk-sensitive limit (RFL) for each player”.
The Central Bank clarified that they still intend to divide the immobilized assets (IA) of banks into three groups according to the degree of risk. At the same time, the regulator agreed to soften some of the criteria for assigning assets to a particular group:
The Central Bank also agreed to calculate the deduction from capital at the risk-sensitive limit differently. Less risky non-core assets will fall under it, which means that they will be “cheaper” in terms of pressure on banks' own funds.
After completing the survey, the Central Bank will determine the threshold of the risk-sensitive limit for banks, as well as the value of the immobilization ratios. This will happen in the first half of 2022.