On Guidelines for the Financial Market Growth of the Russian Federation for 2026–2028: The Financial University Experts’ Opinion

This study’s subject has to examine the objectives and tools for growing the Russian financial market in the coming years, considering the current economic situation, development forecasts for the medium term, and the impact of economic sanctions. The study aims to examine and analyze the “Guidelines for the Financial Market of the Russian Federation for 2026 and the Period 2027–2028” document approved by the Board of Directors of the Bank of Russia on November 6, 2025. This intends to pinpoint the characteristics and difficulties in creating and executing development policies across the financial market in the mid-term. This is done to ensure the nation’s lasting economic growth and to stimulate internal growth drivers. The authors emphasize channeling financial investment into novel sectors, boosting company connections, revising the Corporate Governance Code, expanding equity financing, and growing the digital financial asset market and derivatives to mitigate credit and interest rate risks. The authors concluded that “Guidelines for the Financial Market of the Russian Federation for 2026 and the Period 2027–2028” had deserved a positive evaluation, considering the comments and recommendations of experts from the Financial University under the Government of the Russian Federation.