FMBA institutions will be able to conduct major transactions only after prior approval

According to the draft departmental order, in order to approve a major transaction, an institution must send a letter to the FMBA stating the rationale and purpose of the transaction, its subject, price in rubles and source of funding. The letter must be accompanied by a draft agreement (contract), price calculation, a report on the market value of the property with which the major transaction is supposed to be made, made no earlier than three months before the report is submitted (if necessary), a copy of the institution's balance sheet as of the last reporting date, a certificate of accounts receivable and payable as of the current date and a certificate of the institution's ability to fulfill its obligations under the major transaction indicating the source of funding.

Then, within 15 calendar days, the FMBA Financial and Accounting Support Department must check these documents and prepare a draft preliminary decision. If the documents do not pass the check, they will be returned to the institution. The decision on preliminary approval of a major transaction will be sent to the institution within seven calendar days.

To make a decision on approving a transaction, the institution must send a letter to the FMBA with copies of the contracts, a market value assessment report, a copy of the institution's balance sheet, a certificate of accounts receivable and accounts payable, a copy of the draft contract and license, a copy of the justification certificate, as well as a certificate of the forecast impact of the transaction results on increasing the efficiency of the institution's activities, a certificate of the institution's ability to fulfill its obligations under the transaction, and a certificate containing information on possible conflicts of interest.

After this, the documents are sent to the Financial and Accounting Department, where they are checked and a decision is made on approval.

An interested party who has violated the obligation will be liable to the institution in the amount of the losses caused to it as a result of the transaction, regardless of whether this transaction was recognized as invalid, unless it proves ignorance of the proposed transaction or of its interest in its execution. Similar liability will be borne by the head of the institution who is not a person interested in the transaction, unless it proves that it did not know and could not have known about the existence of a conflict of interest in relation to this transaction.

Until January 2020, the FMBA was under the jurisdiction of the Russian Ministry of Health, then the agency was transferred to the Russian Government. In mid-June 2024, it came under the jurisdiction of the President of the Russian Federation.

In January 2025, the FMBA presented a draft operating procedure for its civil defense and population protection monitoring and laboratory control network. This structure is formed from institutions subordinate to the FMBA and engaged in monitoring and control of the radiation, chemical and biological situation in organizations with particularly hazardous working conditions and in certain territories of the Russian Federation. It is planned that the institutions will conduct instrumental measurements and laboratory studies of environmental objects. The draft has not yet been adopted.