On release of Bank of Russia Bulletin

Bank of Russia Bulletin No. 47 (1881) of 31 May 2017 has been released.

The issue informs about the meeting of the National Financial Board.

The Credit Institutions section publishes Bank of Russia Order No. OD-1349, dated 24 May 2017, on amending Appendix 1 to Bank of Russia Order No. OD-943, dated 10 April 2017.

The issue provides information by the DIA for the depositors of JSCB Spurt (PJSC) and Commercial Bank OBRAZOVANIE.

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

No. OD-1330, dated 23 May 2017, on the revocation of the insurance broker licence from National Insurance Broker, limited liability company;

No. OD-1331, dated 23 May 2017, on the revocation of the insurance broker licence from Insurance Broker GERMES, limited liability company;

No. OD-1332, dated 23 May 2017, on the revocation of the insurance licence from Medical Joint-stock Insurance Company, joint-stock company;

No. OD-1333, dated 23 May 2017, on the revocation of the insurance licences from ZHASO-LIFE Insurance Company, limited liability company;

No. OD-1335, dated 23 May 2017, on suspending insurance licences of Insurance Company Podmoskovie, joint-stock company;

No. OD-1338, dated 23 May 2017, on resuming validity of the insurance licence of Insurance Company VTB Insurance, limited liability company;

No. OD-1340, dated 23 May 2017, on the revocation of the insurance licence from Insurance Company VTB Insurance, limited liability company;

No. OD-1341, dated 23 May 2017, on appointing the provisional administration to Insurance Company Podmoskovie, joint-stock company.

The issue presents consolidated data on financial market sectors and information notices by the Bank of Russia.

The section Official Documents publishes the following materials:

Bank of Russia Regulation No. 577-P, dated 31 January 2017, ‘On the Internal Accounting Rules of Professional Securities Market Participants Engaged in Broker, Dealer, and Securities Management Activities’ (in compliance with the decision of the Bank of Russia Board of Directors, becomes effective from 1 October 2017; officially published on the Bank of Russia website on 26 May 2017);

Bank of Russia Regulation No. 578-P, dated 22 February 2017, ‘On the Procedure for Considering Applications for Accreditation with the Bank of Russia of Court-appointed Receivers in Credit Institutions Bankruptcy, Accreditation, Cancellation of Accreditation, and Refusal to Extend Accreditation’ (becomes effective 10 days after the official publication; officially posted on the Bank of Russia website on 25 May 2017);

Bank of Russia Ordinance No. 4322-U, dated 23 March 2017, ’On Amending Bank of Russia Instruction No. 148-I, Dated 27 December 2013, ‘On the Procedure for Issuing Credit Institution Securities in the Russian Federation’ (becomes effective 10 days after its official publication; posted on the Bank of Russia website on 24 May 2017);

Bank of Russia Ordinance No. 4359-U, dated 24 April 2017, ‘On Amending Certain Bank of Russia Regulations Regarding Changes in the Authorities of Bank of Russia Divisions in Charge of the State Registration of Credit Institutions and the Issue of Banking Licences; Bank of Russia Permits Enabling Credit Institutions to Have Subsidiaries in Foreign States; Banks’ Disclosure of Information about Entities Controlling or Exerting a Material Influence on Banks Participating in the Russian Compulsory Deposit Insurance System; Tender-based Selection of Agent Banks to Make Bank of Russia Payments on Household Deposits; Effecting Indicated Bank of Russia Payments, and the Interaction between Agent Banks and the Bank of Russia’ (becomes effective 10 days after its official publication; posted on the Bank of Russia website on 25 May 2017).

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

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