Bank of Russia Bulletin released

Bank of Russia Bulletin No. 1 (2241) of 13 January 2021 has been released.

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 Ordinance No. 5599-U, dated 20 October 2020, ‘On Amending Bank of Russia Regulation No. 375-P, Dated 2 March 2012, ‘On Requirements for a Credit Institution’s Internal Control Rules Designed to Counter the Legalisation (Laundering) of Criminally Obtained Incomes and the Financing of Terrorism’ (becomes effective on 1 October 2021; posted on the Bank of Russia website on 30.12.2020);

Bank of Russia Ordinance No. 5618-U, dated 12 November 2020, ‘On the Procedure for the Bank of Russia to Apply and Discontinue Measures Stipulated by Part Six of Article 18 of the Federal Law ‘On Banks and Banking Activities’, and Also on the Procedure for the Bank of Russia to Disclose Information on the Application, Reasons for Application and Termination of These Measures’ (becomes effective 10 days after its official publication; posted on the Bank of Russia website on 30.12.2020);

Bank of Russia Ordinance No. 5626-U, dated 19 November 2020, ‘On Maintaining the State Register of Pawnshops by the Bank of Russia’ (becomes effective on 11 January 2021; posted on the Bank of Russia website on 30.12.2020);

Bank of Russia Ordinance No. 5632-U, dated 25 November 2020, ‘On the Procedure for the Bank of Russia to Maintain the Register of Experimental Legal Regimes in the Field of Digital Innovations in the Financial Market, and on Providing Access to It’ (becomes effective on the day of its official publication; posted on the Bank of Russia website on 31.12.2020);

Bank of Russia Ordinance No. 5633-U, dated 25 November 2020, ‘On the Procedure for a Subject of the Experimental Legal Regime to Maintain the Register of Parties Which Entered into Legal Relations with This Subject under the Experimental Legal Regime in the Field of Digital Innovations in the Financial Market, and on Ensuring a Third-party Access to It’ (becomes effective on the day of its official publication, but not before 28 January 2021; posted on the Bank of Russia website on 31.12.2020);

Order of the Ministry of Finance of Russia, Ministry of Agriculture of Russia, and Bank of Russia No. 1127/744/5669-U, dated 21 December 2020, ‘On Invalidating in the Russian Federation of Instruction of the Ministry of Finance of the USSR, State Bank of the USSR, and Gosagroprom of the USSR No. 49V/145/86, Dated 5 August 1988, ‘On the Compensation to Processing and Procurement Organisations Operating on a Complete Self-supporting and Self-financing Basis of Purchase Price Mark-ups for Selling Sugar Beet-roots, Oil-bearing Plants, Tea Leaves and Hop Plants to the State by Agricultural Enterprises in Excess of the Level Achieved in the 11th Five-year Period’;

Order of the Ministry of Finance of Russia and Bank of Russia No. 1126/5670-U, dated 21 December 2020, ‘On Invalidating Certain Legislative Acts of the USSR in the Russian Federation’;

Order of the Ministry of Finance of Russia, Bank of Russia, and Mintrans of Russia No. 1125/5671-U/567, dated 21 December 2020, ‘On Invalidating in the Russian Federation of Instruction of the Ministry of Finance of the USSR, State Bank of the USSR, and the Ministry of the Maritime Fleet of the USSR No. 401/1310/CМ8/3735, Dated 16 December 1964, ‘On the Compensation from the Union Budget to the Organisations and Enterprises of the Ministry of the Maritime Fleet of the Difference in Prices for Goods Sold and Services Provided for Foreign Currency’;

Bank of Russia Information Letter No. IN-06-59/177, dated 24 December 2020, ‘On the Extension of Certain Measures to Contain the Effects of the Spread of Coronavirus Infection (Covid-19)’;

Bank of Russia Information Letter IN-06-59/178, dated 24 December 2020, ‘On Restructuring Retail and SME Loans’;

Bank of Russia Information Letter No. IN-06-59/181, dated 24 December 2020, ‘On Certain Issues Concerning Interaction with Customers’;

FAS of Russia and Bank of Russia Information Letter No. AK/114267/20/IN-06-52/182, dated 25 December 2020, ‘On Recommendations for the Professional Ethics of Financial Market Specialists’;

Bank of Russia Information Letter IN-01-59/184, dated 29 December 2020, ‘On Recommendations for the Accessibility of Remote (Digital) Channels for Financial Consumers, Including Disabled Individuals and Other Mobility-impaired Population Groups, and for the Provision of Financial Products (Services) to the Population via Remote (Digital) Channels’;

Bank of Russia Information Letter No. IN-06-52/186, dated 30 December 2020, ‘On Granting Access to Foreign Securities for Public Circulation in the Russian Federation’.

The issue presents the list of Bank of Russia regulations, instructions, letters and methodological recommendations as well as analytical, reference and statistical materials published in the Bank of Russia Bulletin in 2020 Q4.

The reference to the Press Service is mandatory if you intend to use this material.

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