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30.05.2024
THE CENTRAL BANK OF THE RUSSIAN FEDERATION HAS RESOLVED ISSUES OF CONTROL OVER THE TRANSITION OF BANKS TO DOMESTIC SOFTWARE

According to amendments to the Law on the Bank of Russia, the regulator must control the transition of credit institutions to domestic software. In this regard, the Central Bank of the Russian Federation has established a monitoring procedure for: 

- implementation of action plans of credit institutions for the transition to the primary use of Russian software, domestic radio-electronic products and telecommunications equipment at significant facilities of critical information infrastructure; 
- procurement of such foreign products, as well as services necessary for their use at the specified facilities.

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