On July 28, 2012, Russian president Vladimir Putin gave his imprimatur to Federal Law No. 144-FZ, which amends Russian bankruptcy, financial, and banking legislation with the goal of improving regulations governing asset returns and interim management of insolvent banks.

Draft legislation to regulate the use of nominee banks accounts is being considered by the State Duma.

Building Savings Banks (BSBs") may be introduced into Russia based on the German 'Bausparkasse' model.

On January 1, 2012, new internal funds (capital) requirements came into force, requiring the amount of internal funds (capital) to open a new bank to be 300 million rubles.

Corporate shares and bonds, government bonds, and bills issued by banks and companies are the main types of the securities circulating in the Russian financial market.