The federal law requires the Cabinet to submit quarterly reports to the State Duma and the Federation Council (the lower and upper houses of parliament respectively) on the implementation of measures to support Russia’s financial market, its banking sector, labour market, economy, social welfare and other social policies.
The law also requires the Central Bank of the Russian Federation to report on a quarterly basis to the State Duma on provision of unsecured loans and on compensation to credit institutions for losses (or expenses) incurred as a result of their transactions with other credit institutions whose banking license was revoked.