Bank of Russia Bulletin released

Bank of Russia Bulletin No. 2 (2242) of 20 January 2021 has been released.

The Credit Institutions section publishes Bank of Russia Order No. OD-12, dated 12.01.2021, on amending the Appendix to Bank of Russia Order No. OD-1641, dated 9 October 2020.

The Non-bank Financial Institutions section publishes the following Bank of Russia orders:

No. OD-8, dated 12.01.2021, on amending the Appendix to Bank of Russia Order No. OD-1974, dated 30 November 2020;

No. OD-15, dated 13.01.2021, on the revocation of an insurance broker licence from Insurance and Reinsurance Broker Firm Titan, Limited Liability Company;

No. OD-16, dated 13.01.2021, on amending the Appendix to Bank of Russia Order No. OD-2175, dated 25 December 2020;

No. OD-21, dated 14.01.2021, on the revocation of an insurance broker licence from Insurance Broker Project Bankostrahovaniye, Limited Liability Company.

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. 5630-U, dated 25 November 2020, ‘On the Rules to Allocate Property Constituting Unit Investment Fund, Whose Units Are Only Meant for Qualified Investors, or Exchange-traded Unit Investment Fund as a Result of the Redemption of the Investment Units Thereof’ (becomes effective on the day of its official publication, but no earlier than 1 February 2021; posted on the Bank of Russia website on 15.01.2021);

Bank of Russia Ordinance No. 5631-U, dated 25 November 2020, ‘On the Form and Procedure for a Pawnshop to Submit an Application to the Bank of Russia to Strike It off from the State Register of Pawnshops’ (becomes effective on 11 January 2021; posted on the Bank of Russia website on 15.01.2021);

Bank of Russia Ordinance No. 5640-U, dated 30 November 2020, ‘On the Procedure for the Operators of Information Systems Where Digital Financial Assets are Issued, and Digital Financial Asset Exchange Operators to Inform the Bank of Russia about Persons Assigned to Conduct Identification or Simplified Identification’ (becomes effective 10 days after its official publication; posted on the Bank of Russia website on 15.01.2021);

Bank of Russia Information Letter No. IN-06-14/180, dated 24 December 2020, ‘On Recommendations for Heads of Internal Control, Internal Audit, and Risk Management Services at Financial Institutions’;

Bank of Russia Information Letter No. IN-015-53/1, dated 12 January 2021, ‘On Factoring in Climate-related Risks’;

Bank of Russia Information Letter No. IN-01-59/2, dated 13 January 2021, ‘On Specific Issues Related to the Selling of Insurance Products with Investment Components’.

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

20.01.2021 12.30.00