to use the PVR assessment to form reserves for retail. We are not thailand telegram data yet ready to provide such an opportunity for corporate loans, and I think we will discuss this for a long time, since there are various subjective reasons for which banks can change the reserve level in one way or another.
I hope that in the near future the law on the mandatory
Transition of systemically important banks to the advanced. Approach will be discussed in the State Duma; we have already prepared. Amendments to the regulations. Given the accumulated experience. Of working with banks to assess their models, we understand that it is necessary. To formulate the definition of default more precisely. and there are some nuances with the coefficients that banks will have to apply. I hope that by the end of this year we will have everything ready. And from 2025 we will start planning their transition with the banks. We expect that in 2025, systemically important banks will have to come to the Bank of Russia and present a plan – which portfolio segments at what time they will transfer to the advanced approach.
The Central Bank monitor Basel regulation?
Will you promote any of Basel’s innovations in Russian regulation?
— We always pay close attention to international experience in regulating the with a third-party solution like rewind banking sector. We do not exclude ourselves from the international agenda and believe that the implementation of the alb directory best global practices has helped us build a sustainable banking system.