OREANDA-NEWS. At its meeting, the National Financial Board (the NFB) addressed the Bank of Russia Annual Report for 2014 and information of the Bank of Russia Board of Directors on the key issues of Bank of Russia activities in 2014 Q1 and 2015 Q1.

The NBF approved the Bank of Russia statements of 2014 expenditures on Bank of Russia personnel, pension provision, life insurance and medical insurance of the Bank of Russia employees. It also approved capital investment and other administrative expenses.

The National Financial Board discussed information on the development of the refinancing system, and also on the implementation by the Bank of Russia of the Federal Law 'On the National Payment System' and the process of creating the National Payment Card System.

The meeting also approved several accounting-related Bank of Russia regulations.