OREANDA-NEWS The Central Bank of Russia has called on credit institutions not to disseminate data on foreign partners and settlement mechanisms with foreign companies in the public space, the media and advertising. This is reported by Vedomosti newspaper with reference to a letter to banks signed by deputy chairman of the regulator Olga Polyakova.

Russian organizations should remain silent about their interaction with foreign partners in order to reduce the sanctions risks for the organizations themselves and their correspondent banks. In addition, the Central Bank asked participants in foreign economic activity not to disclose information about the possibilities of international settlements to a wide range of people.

After the imposition of sanctions, which deprived large Russian banks of the opportunity to continue business in Western countries, organizations have become more vigilant about disclosing information. Information about companies that continue to work with Russia in the payment market has disappeared from public access, and the list of countries where you can pay with Russian cards has been deleted from the Mir payment system website.

According to Marat Samarsky, an adviser to the Verbal legal law firm, the Central Bank's recommendation will prevent pressure on correspondent banks and international settlement partners. The stability of the foreign economic activity of Russian businesses depends on the disclosure of such information, as exporters are critically dependent on the accuracy and timeliness of payments, said Ilya Zharsky, managing partner of the Veta expert group.