Bank of Russia Bulletin released

Bank of Russia Bulletin No. 81 (2035) of 31 October 2018 has been released.

The Bulletin reports the Bank of Russia Board of Directors’ decision of 26 October 2018 to leave the key rate unchanged at 7.50% per annum.

The issue informs about the preliminary selection of audit companies that may be commissioned by the Bank of Russia to audit non-bank financial institutions.

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

No. OD-2779, dated 24.10.2018, on amending the Appendix to Bank of Russia Order No. OD-1435, dated 6 June 2018;

No. OD-2781, dated 24.10.2018, on amending the Appendix to Bank of Russia Order No. OD-2277, dated 31 August 2018;

No. OD-2783, dated 24.10.2018, on the prolongation of the term of appointment of the provisional administration to the Blagoveshchensk-based credit institution Asian-Pacific Bank PJSC;

No. OD-2785, dated 25.10.2018, on the revocation of the banking licence from the Yekaterinburg-based credit institution PJSC Uraltransbank;

No. OD-2786, dated 25.10.2018, on appointing the provisional administration to the Yekaterinburg-based credit institution PJSC Uraltransbank due to the revocation of its banking licence;

No. OD-2787, dated 25.10.2018, on the revocation of the banking licence and on cancelling the licence of professional securities market participant of the Moscow-based credit institution Bank SOYUZNY Ltd;

No. OD-2788, dated 25.10.2018, on appointing the provisional administration to the Moscow-based credit institution Bank SOYUZNY Ltd due to the revocation of its banking licence;

No. OD-2833, dated 29.10.2018, on amending Appendix 1 to Bank of Russia Order No. OD-2647, dated 12 October 2018.

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

No. OD-2770, dated 24.10.2018, on the revocation of the insurance licence from the State Medical Insurance Company ‘Zapolyarye’, joint-stock company;

No. OD-2771, dated 24.10.2018, on suspending insurance licences of the insurance joint-stock company YAKOR;

No. OD-2772, dated 24.10.2018, on appointing the provisional administration to the insurance joint-stock company YAKOR;

No. OD-2773, dated 24.10.2018, on the revocation of insurance licences from Akzept Insurance Company LLC;

No. OD-2774, dated 24.10.2018, on amending Bank of Russia Order No. OD-2651, dated 12 October 2018;

No. OD-2775, dated 24.10.2018, on the revocation of insurance licences from Insurance Company VYRUCHIM, joint-stock company;

No. OD-2800, dated 25.10.2018, on amending the Appendix to Bank of Russia Order No. OD-2258, dated 30 August 2018.

The issue publishes information on the disposal of assets of 1^st NPF JSC.

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

The Official Documents section publishes the following materials:

Bank of Russia Ordinance No. 4839-U, dated 28 June 2018, ‘On Amending Bank of Russia Instruction No. 151-I, Dated 24 April 2014, ‘On the Procedure for Conducting Inspections of the Activities of Non-bank Financial Institutions and Self-regulatory Organisations of Non-bank Financial Institutions by Authorised Representatives of the Central Bank of the Russian Federation (Bank of Russia)’ (becomes effective 10 days after the official publication; posted on the Bank of Russia website on 29.10.2018);

Bank of Russia Ordinance No. 4886-U, dated 29 August 2018, ‘On Amending Bank of Russia Ordinance No. 4139-U, Dated 23 September 2016, ‘On the Procedure for Calculating the Invested Amounts of Pension Savings not Included in the Reserves of a Non-governmental Pension Fund to be Recorded in a Funded Pension Account’ (becomes effective 10 days after the official publication; posted on the Bank of Russia website on 26.10.2018).

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