- The document summarizes a press conference by the Russian Electronic Money Association on e-money trends in 2011 and the first quarter of 2012. - Key developments included a new law on the national payment system that established regulations for payment system operators and requirements for processing centers and chargebacks. - Results from 2011 showed growth in e-money volumes, top-ups, and number of active wallets, though growth was less than expected. Most e-money payments were for online games, entertainment and telecom services by number, but financial instruments by value. - Upcoming dates were outlined for operators to comply with banking regulations and further changes were anticipated regarding prepaid cards and customer due diligence procedures.