On release of Bank of Russia Bulletin

Bank of Russia Bulletin No. 53 (2007) of 9 July 2018 has been released.

The issue presents information about the Bank of Russia Board of Directors’ decision to retain the countercyclical capital buffer for Russian credit institutions at zero per cent of risk weighted assets.

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

No. OD-1654, dated 03.07.2018, on the revocation of a banking licence and cancellation of a professional securities market participant licence of the St. Petersburg-based credit institution Bank Sovetsky (JSC);

No. OD-1655, dated 03.07.2018, on changing functions and the term of office of the provisional administration of Bank Sovetsky (JSC);

No. OD‑1682, dated 04.07.2018, on amending Appendix to Bank of Russia Order No. OD‑1033, dated 20 April 2017;

No. OD-1683, dated 05.07.2018, on the revocation of the banking licence and cancelling a professional securities market participant licence of the Yakutsk-based credit institution Joint-stock Company Bank Taatta Bank;

No. OD-1684 , dated 05.07.2018, on appointing the provisional administration to the Yakutsk-based credit institution Joint-stock Company Bank Taatta Bank following revocation of its banking licence;

No. OD‑1697, dated 05.07.2018, on amending the Appendix to Bank of Russia Order No. OD‑1481, dated 15 June 2018;

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

No. OD‑1638, dated 02.07.2018, on amending Appendix to Bank of Russia Order No. OD‑978, dated 17 April 2018;

No. OD‑1639, dated 02.07.2018, on amending Appendix to Bank of Russia Order No. OD‑978, dated 17 April 2018;

No. OD-1652, dated 03.07.2018, on terminating the activity of the provisional administration to manage the joint-stock company JOINT-STOCK INSURANCE COMPANY INVESTSTRAKH;

No. OD‑1681, dated 04.07.2018, on amending Bank of Russia Order No. OD‑1618, dated 28.06.2018;

No. OD-1686, dated 05.07.2018, on suspending insurance and reinsurance licences of the Joint-stock Company Insurance Company Opora;

No. OD-1690, dated 05.07.2018, on appointing the provisional administration to the Joint-stock Company Insurance Company Opora.

The Bulletin informs about the results of the disposal of the assets of NPF Metallurgov (JSC).

The Official Documents section publishes the following materials:

Bank of Russia Ordinance No. 4778-U, dated 20.04.2018, ‘On Amending Bank of Russia Regulation No. 534-P, Dated 24 February 2016, ‘On Securities Admittance to Organised Trades’ (becomes effective 10 days after its official publication; published on the Bank of Russia website on 02.07.2018);

No. OD‑1693, dated 05.07.2018, on amending the Appendix to Bank of Russia Order No. OD‑406, dated 24 February 2017;

Bank of Russia Information Letter No. IN-014-12/41, dated 03.07.2018, on the implementation of measures set forth by Clause 16 of UN Security Council Resolution 2321 (2016) regarding the Democratic People’s Republic of Korea;

Bank of Russia Information Letter No. 01-59/42, dated 05.07.2018, on inadmissible offers of foreign organisations’ financial services in the Russian Federation.

Bank of Russia Information Letter No. 016-41/44, dated 05.07.2018, on the specifics of application of Bank of Russia regulations.

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