Russia to keep identity of payment system members secret ...News

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Russia to keep identity of payment system members secret
The central bank will no longer disclose the names of companies using SPFS The Central Bank of Russia (CBR) said on Tuesday it will stop disclosing the identity of participants in the System for Transfer of Financial Messages (SPFS), the country’s alternative to SWIFT. Until recently, the list was posted on the regulator’s website. “Under the current circumstances, we decided not to disclose on the website the list of companies connected to the system,” the CBR’s press service said, adding that “the users of the system can still see the list.” Some Russian banks were cut off from SWIFT recently, effectively denyin

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