On release of Bank of Russia Bulletin

Bank of Russia Bulletin No. 42 (1638) of 14 May 2015 has been released.

The issue publishes information on recognising the AMB Bank payment system as important.

The section Credit Institutions provides information from the state corporation Deposit Insurance Agency for the depositors of OJSC Tikhookeanskiy Vneshtorgbank, CB Transnational Bank (LLC), CB EDINSTVENNIY (LLC).

The section Non-Credit Financial Institutions publishes the following Bank of Russia Orders:

No. OD-997, dated 7 May 2015, on suspending the insurance licence of the limited liability company Regional Insurance Centre;

No. OD-998, dated 7 May 2015, on suspending the insurance licence of the Insurance Company ASKO-Zhizn (LLC);

No. OD-999, dated 7 May 2015, on revoking the insurance licence from the Insurance Company ESTER (LLC);

No. OD-1000, dated 7 May 2015, on revoking the licence to perform insurance broker activity from the closed joint-stock company Stability Group Insurance Broker.

The issue publishes information from the state corporation Deposit Insurance Agency on entering non-governmental pension funds in the register of non-governmental pension funds that are members of the system guaranteeing insured persons’ rights and announcements on the plans of IC ALROSA (LLC) to transfer its insurance and reinsurance portfolios.

The Bulletin presents weekly general data on financial market sectors, as well as information notices by the Bank of Russia.

Bank of Russia Bulletin No. 42 publishes the following official documents:

Bank of Russia Instruction No. 158-I, dated 6 November 2014, ‘On the Procedure for Inspecting Credit History Bureaus by the Authorised Representatives of the Central Bank of the Russian Federation (Bank of Russia)’ (becomes effective 10 days after the official publication in the Bank of Russia Bulletin);

Bank of Russia Regulation No. 463-P, dated 12 March 2015, ‘On the Requirements for Risk Mitigation in Clearing Operations and the Requirements for a Document (Documents) Stipulating Measures Aimed at Reducing Credit, Operational and Other Risks, Including Risks Related with the Combining of Clearing Operations with Other Activity’ (becomes effective 10 days after the official publication in the Bank of Russia Bulletin);

Bank of Russia Ordinance No. 3609-U, dated 30 March 2015, ‘On Amending Bank of Russia Regulation No. 285-P, Dated 1 April 2006, On the Procedure for Accepting and Executing by Credit Institutions, Bank of Russia Settlement System Units Warrants Brought by Recoverers’(becomes effective after its official publication in the Bank of Russia Bulletin);

Bank of Russia Ordinance No. 3612-U, dated 6 April 2015, ‘On Amending Bank of Russia Ordinance No. 2919-U, Dated 3 December 2012, On Assessing the Management Quality of a Credit Institution Performing Central Counterparty Functions’ (becomes effective 10 days after the official publication in the Bank of Russia Bulletin).

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

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