Support The Moscow Times!

Central Bank Considering Wider Crackdown on Financial Institutions

The Central Bank could revoke the licenses of other financial organizations following the shutdown of Master Bank in connection with "suspicious transactions" on Wednesday, though the number of institutions at risk is small, the Central Bank's chief Elmira Nabiullina said Thursday, RIA Novosti reported.

Read more

Independent journalism isn’t dead. You can help keep it alive.

The Moscow Times’ team of journalists has been first with the big stories on the coronavirus crisis in Russia since day one. Our exclusives and on-the-ground reporting are being read and shared by many high-profile journalists.

We wouldn’t be able to produce this crucial journalism without the support of our loyal readers. Please consider making a donation to The Moscow Times to help us continue covering this historic time in the world’s largest country.