On the release of Bank of Russia Bulletin

Bank of Russia Bulletin No. 75 (1553) of 27 August 2014 has been released.

The issue provides information on registration and licencing of credit institutions as of 1 August 2014.

The Bulletin publishes Bank of Russia Order No. OD-2173, dated 20 August 2014, ‘On Appointing the State Corporation Deposit Insurance Agency to Perform the Functions of the Provisional Administration of the Moscow-Based Open Joint-Stock Company Baltiyskiy Bank or OJSC Baltiyskiy Bank’.

The issue provides information on including the open joint-stock company Chernomorskiy Bank of Development and Reconstruction or OJSC ChBRR and the open joint-stock company Sevastopol Morskoy Bank or OJSC Sevastopol Morskoy Bank in the register of obligatory deposit insurance system member-banks.

The issue publishes information from the state corporation Deposit Insurance Agency for the depositors of Commercial Bank Ascania Trust LLC and OJSC Severinvestbank.

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

No. OD-2182, dated 21 August 2014, ‘On the Revocation of the Insurance Licence from the Closed Joint-Stock Company Voskhozhdeniye Insurance Company’;

No. OD-2186, dated 21 August 2014, ‘On Suspending the Insurance Licence of Social Insurance Company SSK, Limited Liability Company’;

No. OD-2188, dated 21 August 2014, ‘On the Appointment of the Provisional Administration to the Insurance Company Closed Joint-Stock Company EUROSIB- INSURANCE’.

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. 75 publishes the following official documents:

Bank of Russia Ordinance No. 3263-U, dated 17 May 2014, ‘On the Form and Terms for Submitting Documents Containing a Report on Microfinance Activity and a Report on the Management Personnel of a Microfinance Organisation to the Bank of Russia’ (becomes effective 10 days after the official publication in the Bank of Russia Bulletin);

Bank of Russia Ordinance No. 3295-U, dated 25 August 2014, ‘On Amending Bank of Russia Regulation No. 381-P, dated 9 June 2012, ‘On the Procedure for Supervision over Compliance of Non-Bank Payment System Operators and Payment Infrastructure Operators with the Requirements of Federal Law No. 161-FZ, dated 27 June 2011, ‘On the National Payment System’ and the Related Bank of Russia Regulations’ (becomes effective 10 days after the official publication in the Bank of Russia Bulletin);

Bank of Russia Ordinance No. 3318-U, dated 11 July 2014, ‘On Amending Clause 2.1 of Bank of Russia Regulation No. 404-P, dated 9 August 2013, ‘On Conducting Bank of Russia Deposit Operations with Credit Institutions’ (becomes effective 10 days after the official publication in the Bank of Russia Bulletin);

Bank of Russia Ordinance No. 3329-U, dated 21 July 2014, ‘On the Capital Requirements for Professional Participants of the Securities Market and Management Companies of Investment Funds, Unit Investment Funds and Non-Governmental Pension Funds’ (becomes effective from 1 September 2014);

Bank of Russia Ordinance No. 3350-U, dated 28 July 2014, ‘On Non-Application of Federal Financial Markets Service Order No. 11-23/pz-n, dated 24 May 2011, ‘On the Capital Adequacy Ratios for Professional Participants of the Securities Market and Management Companies of Investment Funds, Unit Investment Funds and Non-Governmental Pension Funds’ (becomes effective 10 days after the official publication in the Bank of Russia Bulletin);

Bank of Russia Ordinance No. 3370-U, dated 22 August 2014, ‘On Recognising Invalid Bank of Russia Ordinance No. 3132-U, dated 3 December 2013, ‘On Capital Adequacy Ratio for Professional Securities Market Participant Engaged in Broker Activity on Concluding Contracts Only in the Form of Derivative Financial Instruments with a Commodity as the Underlying Asset’ (becomes effective from 1 September 2014);

Bank of Russia Letter No. 143-T, dated 22 August 2014, ‘On Submitting to the Bank of Russia Information on Weighted Average of Full Cost of Consumer Loans as of 1 October 2014’;

Bank of Russia Letter No. 06-57-2/6659, dated 15 August 2014, ‘On Presenting Reports and Notifications’;

Bank of Russia Letter No. 015-54/6666, dated 18 August 2014, ‘On Allocating Responsibilities on Controlling and Supervising the Activity of Collective Investments Market Participants in the Bank of Russia’:

Bank of Russia Letter No. 015-54/6729, dated 20 August 2014, ‘On the Procedure for Specialised Depositaries to Accept Primary Documents for Accounting’.

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

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