Central Bank Reports Stabilization in Unjustified Account Block Complaints in Russia

The head of Russia's Central Bank reported that complaints about unjustified account blocks ceased increasing during November and December. This development follows a period of heightened scrutiny on suspicious transactions and efforts to curb large-scale fraud thefts. The Central Bank also proposed limiting the duration accounts remain on the 'drops list' to one year, aiming to enhance regulatory clarity and reduce customer grievances.