Brief

On August 29, 2025, Mikhail Mamuta, head of the Bank of Russia's Service for the Protection of Consumer Rights and Financial Services Access, discussed measures to combat phone scams. Two key measures implemented by the Bank of Russia include the "second-hand service," which allows individuals to appoint a trusted person to confirm or reject bank transactions deemed suspicious, and a 48-hour cooling-off period for loan approvals.

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The Investigative Committee of Russia

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