On release of Bank of Russia Bulletin

Bank of Russia Bulletin No. 24 (1620) of 25 March 2015 has been released.

The issue publishes the list of credit institutions with appointed Bank of Russia authorised representatives acting in compliance with Article 76 of the Federal Law ‘On the Central Bank of Russian Federation (Bank of Russia)’ effective as of 1 March 2015. The issue publishes information on recognising the payment systems REXPAY and MultiCard as important.

The issue provides a review of the domestic foreign exchange market in January 2015. The issue publishes the list of credit institutions recognised by the Bank of Russia as important in the payment services market. It also provides the list of the receivers accredited to the Bank of Russia as receivers of bankrupt credit institutions as of 10 March 2015.

The Bulletin publishes the following Bank of Russia Orders:

No. OD-584, dated 16 March 2015, on updating provisional administration personnel to manage the Kursk-based credit institution NCI First Land SC LLC;

No. OD-585, dated 16 March 2015, on updating provisional administration personnel to manage the Moscow-based credit institution SB Bank LLC;

No. OD-601, dated 20 March 2015, on terminating the activity of the provisional administration to manage the Makhachkala-based credit institution JSCB Adam International JSC;

No. OD-612, dated 23 March 2015, on updating provisional administration personnel to manage the Ust-Kut-based credit institution VLBANK JSC (Irkutsk Region);

No. OD-615, dated 24 March 2015, on revocation of banking licence from the Moscow-based credit institution Congress-Bank OJSC;

No. OD-616, dated 24 March 2015, on appointment of provisional administration to manage the Moscow-based credit institution Congress-Bank OJSC due to the revocation of its banking licence;

No. OD-617, dated 24 March 2015, on revocation of banking licence from the Makhachkala-based credit institution Dagenergobank LLC;

No. OD-618, dated 24 March 2015, on appointment of provisional administration to manage the Makhachkala-based credit institution Dagenergobank LLC due to the revocation of its banking licence.

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

Bank of Russia Bulletin No. 24 publishes the following official documents:

Bank of Russia Ordinance No. 3575-U, dated 24 February 2015, ‘On Amending Annex to Bank of Russia Ordinance No. 2991-U, Dated 8 April 2013, ‘On the List of Bank of Russia Positions, which Make it Obligatory for Citizens Aspiring to Hold Positions at the Bank of Russia and Bank of Russia Employees Holding These Positions to Provide Information about their Income, Expenditures, Property and Property Obligations, as well as Income, Expenditures, Property and Property Obligations of their Spouses and Underage Children’ (becomes effective as of the official publication in the Bank of Russia Bulletin);

Bank of Russia Order No. OD-581, dated 16 March 2015, ‘On Amending Bank of Russia Order No. OD-26, Dated 15 January 2014’;

Bank of Russia Methodological Recommendations No. 5-MP, dated 20 March 2015, ‘On the Procedure for Application to Credit Institutions and Credit Institution Officials of Article 15.27 of the Code of Administrative Offences of the Russian Federation Due to the Entry into Force of Federal Law No. 484-FZ, Dated 29 December 2014, ‘On Amending Certain Laws of the Russian Federation’ and Measures Stipulated by the Federal Law ‘On the Central Bank of the Russian Federation (Bank of Russia)’;

Bank of Russia Letter No. 015-54-1/2435, dated 18 March 2015, ‘On Application of Certain Provisions Regulating Daily Control over Allocation of Pension Reserves and Pension Savings’.

The issue publishes the document of the state corporation Deposit Insurance Agency ‘Amendments to the Procedure for and Terms of Placing the Russian Federation Property Contribution to Property of the State Corporation Deposit Insurance Agency into Banks’ Subordinated Liabilities’.

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

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