On Bank of Russia Bulletin

Bank of Russia Bulletin No. 22 (1856) of 22 February 2017 has been released.

The issue publishes information notices on the results of monitoring maximum interest rates of credit institutions; on the reduced common equity ratio of a credit institution; on the share of foreign investments in insurers’ authorised capital.

The section Cash Circulation publishes data on counterfeit banknotes and coins detected in the Russian banking system in 2016.

The section Credit Institutions covers the following Bank of Russia orders:

No. OD-401, dated 14 February 2017, on amending the Annex to Bank of Russia Order No. OD-4700, dated 22 December 2016;

No. OD-414, dated 16 February 2017, on the revocation of the banking licence of the Saint Petersburg-based JSCB North-West 1 Alliance Bank JSC;

No. OD-415, dated 16 February 2017, on appointing the provisional administration to manage the Saint Petersburg-based JSCB North-West 1 Alliance Bank JSC following the revocation of its banking licence;

No. OD-429, dated 17 February 2017, on amending Annex 1 to Bank of Russia Order No. OD-4615, dated 19 December 2016;

No. OD-430, dated 17 February 2017, on amending the Annex to Bank of Russia Order No. OD-112, dated 23 January 2017;

No. OD-431, dated 17 February 2017, on amending the Annex to Bank of Russia Order No. OD-74, dated 16 January 2017;

No. OD-432, dated 17 February 2017, on the termination of activity of the provisional administration of the Krasnodar-based CB Kuban Universal Bank (LLC);

No. OD-445, dated 20 February 2017, on appointing the state corporation Deposit Insurance Agency to perform the functions of provisional administration of the Moscow-based JSCB PERESVET (JSC);

No. OD-448, dated 20 February 2017, on appointing the state corporation Deposit Insurance Agency to perform the functions of provisional administration of the Kazan-based bank Timer Bank (public joint-stock company);

No. OD-449, dated 20 February 2017, on appointing the state corporation Deposit Insurance Agency to perform the functions of provisional administration of the Saint Petersburg-based bank Joint-stock company Bank Sovetsky;

No. OD-456, dated 21 February 2017, on the cancellation of the banking licence of the Moscow-based bank GPB-Mortgage (JSC).

The issue publishes information of the state corporation Deposit Insurance Agency for depositors of PJSS JSCB Novatsiya; information on striking off OJSC CB PETRO-AERO-BANK from the register of banks participating in the compulsory deposit insurance system.

The section Non-credit Financial Institutions publishes Bank of Russia Order No. OD-406, dated 15 February 2017, on the revocation of the licence to perform mediation activity as an insurance broker of LLC Insurance Broker SibBrok. The section also covers information on the meeting of employees and former employees of JSC NPF TPP Fund in the form of the absentee voting.

The issue publishes consolidated data on financial market sectors, information on the results of a deposit auction and Bank of Russia information notices.

The section Official Documents publishes the following materials:

Bank of Russia Instruction No. 176-I, dated 20 December 2016, ‘On the Procedure for, and Instances of, Bank of Russia Authorised Representatives (Employees) to Examine the Collateral and/or to Familiarise Themselves with the Activities of a Credit Institution’s Borrower or Collateral Provider’ (becomes effective 10 days after its official publication; officially posted on the Bank of Russia website on 16 February 2017);

Bank of Russia Ordinance No. 4210-U, dated 22 November 2016, ‘On the Specifics of Monitoring Settlements under State Defence Order’ (becomes effective 10 days after its official publication; officially posted on the Bank of Russia website on 15 February 2017);

Bank of Russia Ordinance No. 4240-U, dated 20 December 2016, ‘On Amending Bank of Russia Instruction No. 147-I, Dated 5 December 2013, ‘On the Procedure for Inspecting Credit Institutions (Their Branches) by Authorised Representatives of the Central Bank of the Russian Federation (Bank of Russia)’ (becomes effective 10 days after its official publication; officially posted on the Bank of Russia website on 16 February 2017);

Bank of Russia Ordinance No. 4241-U, dated 20 December 2016, ‘On Amending Bank of Russia Instruction No. 149-I, Dated 25 February 2014, ‘On Organising Inspections by the Central Bank of the Russian Federation (Bank of Russia)’ (becomes effective 10 days after its official publication; officially posted on the Bank of Russia website on 16 February 2017).

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

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