Translartion. Region: Russians Fedetion –
Source: Central Bank of Russia –
Bank of Russia recommends operators of investment platforms should disclose on their websites information about the actual profitability of investors on loans provided and the share of borrowers’ overdue debt in the total volume of liabilities.
When calculating the actual yield, it is proposed to take into account the amount of all payments under loan agreements, the term of fulfillment of obligations under which has already arrived. Such information should be disclosed at the end of the year no later than March 1.
It is recommended that information on borrowers’ overdue debt be generated at the end of the quarter, broken down by terms (from 1 to 90 days and more than 90 days) and published no later than one calendar month after the reporting date.
Increasing the amount of information available to investors will help to strengthen the protection of their interests and enable them to make more informed decisions.
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Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.
Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect
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