diff --git a/pkg/innerring/invoke/netmap.go b/pkg/innerring/invoke/netmap.go
index fc7b7e1ae..3573831a3 100644
--- a/pkg/innerring/invoke/netmap.go
+++ b/pkg/innerring/invoke/netmap.go
@@ -28,7 +28,6 @@ const (
 	approvePeerMethod       = "addPeer"
 	updatePeerStateMethod   = "updateState"
 	setConfigMethod         = "setConfigMethod"
-	updateInnerRingMethod   = "updateInnerRingMethod"
 	getNetmapSnapshotMethod = "netmap"
 )
 
@@ -94,20 +93,6 @@ func SetConfig(cli *client.Client, con util.Uint160, args *SetConfigArgs) error
 	)
 }
 
-// UpdateInnerRing invokes updateInnerRing method.
-func UpdateInnerRing(cli *client.Client, con util.Uint160, list []*keys.PublicKey) error {
-	if cli == nil {
-		return client.ErrNilClient
-	}
-
-	rawKeys := make([][]byte, 0, len(list))
-	for i := range list {
-		rawKeys = append(rawKeys, list[i].Bytes())
-	}
-
-	return cli.NotaryInvoke(con, updateInnerRingMethod, rawKeys)
-}
-
 // NetmapSnapshot returns current netmap node infos.
 // Consider using pkg/morph/client/netmap for this.
 func NetmapSnapshot(cli *client.Client, con util.Uint160) (*netmap.Netmap, error) {
diff --git a/pkg/innerring/processors/neofs/handlers.go b/pkg/innerring/processors/neofs/handlers.go
index deed87850..486a54250 100644
--- a/pkg/innerring/processors/neofs/handlers.go
+++ b/pkg/innerring/processors/neofs/handlers.go
@@ -72,19 +72,3 @@ func (np *Processor) handleConfig(ev event.Event) {
 			zap.Int("capacity", np.pool.Cap()))
 	}
 }
-
-func (np *Processor) handleUpdateInnerRing(ev event.Event) {
-	updIR := ev.(neofsEvent.UpdateInnerRing)
-	np.log.Info("notification",
-		zap.String("type", "update inner ring"),
-	)
-
-	// send event to the worker pool
-
-	err := np.pool.Submit(func() { np.processUpdateInnerRing(&updIR) })
-	if err != nil {
-		// there system can be moved into controlled degradation stage
-		np.log.Warn("neofs processor worker pool drained",
-			zap.Int("capacity", np.pool.Cap()))
-	}
-}
diff --git a/pkg/innerring/processors/neofs/process_update.go b/pkg/innerring/processors/neofs/process_update.go
deleted file mode 100644
index e4f72cab3..000000000
--- a/pkg/innerring/processors/neofs/process_update.go
+++ /dev/null
@@ -1,23 +0,0 @@
-package neofs
-
-import (
-	"github.com/nspcc-dev/neofs-node/pkg/innerring/invoke"
-	neofsEvent "github.com/nspcc-dev/neofs-node/pkg/morph/event/neofs"
-	"go.uber.org/zap"
-)
-
-// Process update inner ring event by setting inner ring list value from
-// main chain in side chain.
-func (np *Processor) processUpdateInnerRing(list *neofsEvent.UpdateInnerRing) {
-	if !np.alphabetState.IsAlphabet() {
-		np.log.Info("non alphabet mode, ignore inner ring update")
-		return
-	}
-
-	err := invoke.UpdateInnerRing(np.morphClient, np.netmapContract,
-		list.Keys(),
-	)
-	if err != nil {
-		np.log.Error("can't relay update inner ring event", zap.Error(err))
-	}
-}
diff --git a/pkg/innerring/processors/neofs/processor.go b/pkg/innerring/processors/neofs/processor.go
index 3481d4522..d15497d79 100644
--- a/pkg/innerring/processors/neofs/processor.go
+++ b/pkg/innerring/processors/neofs/processor.go
@@ -71,7 +71,6 @@ const (
 	withdrawNotification = "Withdraw"
 	chequeNotification   = "Cheque"
 	configNotification   = "SetConfig"
-	updateIRNotification = "InnerRingUpdate"
 )
 
 // New creates neofs mainnet contract processor instance.
@@ -151,13 +150,6 @@ func (np *Processor) ListenerParsers() []event.ParserInfo {
 	config.SetParser(neofsEvent.ParseConfig)
 	parsers = append(parsers, config)
 
-	// update inner ring event
-	updateIR := event.ParserInfo{}
-	updateIR.SetType(updateIRNotification)
-	updateIR.SetScriptHash(np.neofsContract)
-	updateIR.SetParser(neofsEvent.ParseUpdateInnerRing)
-	parsers = append(parsers, updateIR)
-
 	return parsers
 }
 
@@ -193,13 +185,6 @@ func (np *Processor) ListenerHandlers() []event.HandlerInfo {
 	config.SetHandler(np.handleConfig)
 	handlers = append(handlers, config)
 
-	// updateIR handler
-	updateIR := event.HandlerInfo{}
-	updateIR.SetType(updateIRNotification)
-	updateIR.SetScriptHash(np.neofsContract)
-	updateIR.SetHandler(np.handleUpdateInnerRing)
-	handlers = append(handlers, updateIR)
-
 	return handlers
 }