On release of Bank of Russia Bulletin
Bank of Russia Bulletin No. 8 (1962) of 31 January 2018 has been released.
The issue publishes information on counterfeit money detected in the Russian banking system in 2017 Q4.
The Credit Institutions section presents information about persons accredited with the Bank of Russia as receivers of bankrupt credit institutions as of 24 January 2018.
The Bulletin publishes the following Bank of Russia Orders:
No. OD‑113, dated 23.01.2018, on amending Appendix 1 to Bank of Russia Order No. OD‑2724, dated 20 September 2017;
No. OD‑141, dated 25.01.2018, on the revocation of the banking licence from the Moscow-based credit institution Bank Star Alliance Ltd.;
No. OD‑142, dated 25.01.2018, on appointing the provisional administration to the Moscow-based credit institution Bank Star Alliance Ltd. due to the revocation of its banking licence.
The issue publishes information notice of the DIA for the depositors of CB North Credit Bank JSC.
The Non-bank Financial Institutions section contains the following Bank of Russia Orders:
No. OD‑144, dated 25.01.2018, on the revocation of the licence to perform mediation activity as an insurance broker from the Insurance Broker ‘Belaya Bashnya’ JSC;
No. OD‑158, dated 25.01.2018, on terminating the provisional administration of the Municipal Insurance Company STRAZH named after S. Zhivago LLC.
The issue publishes information on holding the meeting of employees and former employees of NPF Povolzhsky in the form of absentee vote; on the disposal of assets of NPF MECHEL‑FUND JSC, NPF CCI Fund JSC.
The issue presents consolidated data on financial market sectors and information notices by the Bank of Russia.
The Official Documents section publishes the following materials:
Bank of Russia Regulation No. 617‑P, dated 21 November 2017, ‘On the Procedure for Credit Institutions to Account Hedging Transactions’ (becomes effective on 1 January 2019; posted on the Bank of Russia website on 25 January 2018);
Bank of Russia Ordinance No. 4498‑U, dated 16 August 2017, ‘On the Procedure for Authorised Banks, State Corporation Bank for Development and Foreign Economic Affairs (Vnesheconombank) to Pass over to Foreign Exchange Control Agencies Information about Violations of Russian Foreign Exchange Legislation and Acts of Foreign Exchange Regulatory Bodies by Entities Conducting Foreign Exchange Operations’ (becomes effective on 1 March 2018; posted on the Bank of Russia website on 24 January 2018);
Bank of Russia Ordinance No. 4587‑U, dated 27 October 2017, ‘On Amending Bank of Russia Ordinance No. 3229‑U, Dated 5 April 2014, ‘On the Procedure to Inform Banks About Certain Facts Identified in Their Activities Which Deprive Them of the Right to Take Household Deposits and Open and Maintain Household Bank Accounts’ (becomes effective 10 days after its official publication; officially posted on the Bank of Russia website on 24 January 2018);
Bank of Russia Ordinance No. 4605‑U, dated 13 November 2017, ‘On Amending Bank of Russia Regulation No.
Bank of Russia Ordinance No. 4607‑U, dated 16 November 2017, ‘On Amending Bank of Russia Ordinance No. 2346‑U, Dated 25 November 2009, ‘On Keeping Certain Electronic Documents Related to Accounting, Settlement and Cash Operations when Arranging Accounting in Credit Institutions’ (becomes effective 10 days after its official publication; posted on the Bank of Russia website on 25 January 2018);
Bank of Russia Ordinance No. 4612‑U, dated 16 November 2017, ‘On Amending Bank of Russia Ordinance No. 3805‑U, Dated 24 September 2015, ‘On the Procedure for Investing Reserve Funds of Consumer Credit Cooperatives’ (becomes effective on 23 January 2018; posted on the Bank of Russia website on 24 January 2018);
Bank of Russia Ordinance No. 4614‑U, dated 21 November 2017, ‘On Invalidating Bank of Russia Regulation No. 525‑P, Dated 28 December 2015, ‘Sectoral Standard for Accounting Hedging Operations by Credit Institutions’ (becomes effective on 1 January 2019; posted on the Bank of Russia website on 25 January 2018);
Bank of Russia Ordinance No. 4631‑U, dated 30 November 2017, ‘On Amending Bank of Russia Regulation No. 544‑P, Dated 19 May 2016, ‘On the Directory of Bank Identification Codes of Settlement Participants Making Funds Transfer through the Bank of Russia Payment System and Bank of Russia Divisions Which are Not Settlement Participants’ (becomes effective 10 days after its official publication; posted on the Bank of Russia website on 23 January 2018);
Bank of Russia Official Clarification No. 1‑OR, dated 24 January 2018, ‘On Applying Certain Provisions of Bank of Russia Letter No.
Bank of Russia Order No. OD-134, dated 24 January 2018, ‘On Bank of Russia Authorised Establishments Regulating the Size of Credit Institutions’ Required Reserves and Controlling Their Compliance with Reserve Requirements’.
The Deposit Insurance Agency section publishes ‘Amendments to the Procedure for and Conditions of Placement of the Russian Federation Asset Contribution to the Deposit Insurance Agency Assets, Subordinated Liabilities and Preferred Shares of Banks’.
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