The Central Bank proposes to limit the number of bank cards to combat fraud

      The Central Bank proposed to introduce restrictions on the number of bank cards issued per person. This measure is aimed at combating so—called intermediary drops that help fraudsters withdraw and cash out stolen money. The regulator believes that ordinary citizens do not open hundreds or thousands of cards, so the restrictions will not affect bona fide users.

      As additional measures to combat cyberbullying, the introduction of criminal liability for "drops" is being discussed. The Central Bank also proposes to oblige parents of teenagers under the age of 18 to consent to the opening of accounts and receipt of bank cards by their children in order to monitor financial transactions and identify suspicious activities in time.

      In addition, the Central Bank proposes to introduce a "cooling-off period" for loans so that citizens can come to their senses and refuse a loan issued under the influence of fraudsters. Banks will have to write off citizens' debts on loans issued in violation of anti-fraud procedures.

      In the future, the Central Bank intends to increase the responsibility of banks and telecom operators for the safety of customer funds. The regulator proposes to combine the efforts of banks and operators to identify and block fraudulent calls. The Bank of Russia is ready to act as a "single window" for the exchange of fraud data between banks.