On release of Bank of Russia Bulletin

Bank of Russia Bulletin No. 81 (1915) of 19 September 2017 has been released.

The bulletin reports the Bank of Russia Board of Directors decision, made during its 15 September 2017 meeting, to reduce the key rate to 8.50% p.a. and interest rates on some specialised refinancing instruments, effective19 June, due to the reduction of the Bank of Russia key rate. The issue contains the updated list of systemically important credit institutions.

The section Credit Institutions presents a review of key indicators of domestic foreign cash market in July 2017.

The Bulletin publishes the following Bank of Russia Orders:

No. OD-2622, dated 13 September 2017, on amending Appendix 1 to Bank of Russia Order No. OD-2241, dated 9 August 2017;

No. OD-2624, dated 13 September 2017, on amending Appendix 1 to Bank of Russia Order No. OD-1892, dated 7 July 2017;

No. OD-2625, dated 13 September 2017, on amending Appendix 1 to Bank of Russia Order No. OD-2245, dated 9 August 2017;

No. OD-2626, dated 13 September 2017, on amending Appendix 1 to Bank of Russia Order No. OD-2140, dated 28 July 2017;

No. OD-2635, dated 13 September 2017, on amending Appendix 1 to Bank of Russia Order No. OD-2469, dated 29 August 2017;

No. OD-2642, dated 14 September .2017, on amending Appendix 1 to Bank of Russia Order No. OD-2034, dated 20 July 2017;

No. OD-2643, dated 14 September 017, on amending the Appendix to Bank of Russia Order No. OD-2191, dated 2 August 2017;

No. OD-2649, dated 14 September 2017, on amending Appendix 1 to Bank of Russia Order No. OD-2140, dated 28 July 2017;

The section Official Documents publishes the following materials:

Bank of Russia Regulation No. 588-P, dated 15 June 2017, ‘On the Procedure for Preparing a Provisional Statement of Affairs and a Statement of Affairs for a Liquidated Credit Institution to Be Approved by the Bank of Russia’ (becomes effective 10 days after its official publication; officially published on the Bank of Russia website on 11 September 2017);

Bank of Russia Ordinance No. 4410-U, dated 15 June 2017, ‘On Invalidating Certain Bank of Russia Regulations on Preparing, Submitting and Agreeing a Provisional Statement of Affairs and a Statement of Affairs for a Liquidated Credit Institution’ (becomes effective 10 days after its official publication; officially published on the Bank of Russia website on 11 September 2017);

Bank of Russia Ordinance No. 4492-U, dated 14 August 2017, ‘On Amending Bank of Russia Regulation No. 493-P, Dated 1 October 2015, ‘Sectoral Standard for Accounting Operations to Withdraw (Place) Funds under Loan Agreements and Bank Deposit Agreements at Non-bank Financial Institutions’ (becomes effective from 1 January 2018; officially published on the Bank of Russia website on 13 September 2017);

Bank of Russia Ordinance No. 4494-U, dated 14 August 2017, ‘On Amending Bank of Russia Regulation No. 494-P, Dated 1 October 2015, ‘Sectoral Standard for Securities Transactions Accounting at Non-bank Financial Institutions’ (becomes effective from 1 January 2018; officially published on the Bank of Russia website on 13 September 2017);

Bank of Russia Ordinance No. 4495-U, dated 14 August 2017 ‘On Amending Bank of Russia Regulation No. 501-P, Dated 5 November 2015, ‘Sectoral Standard for Accounting Fund Raising Under Loan Agreements, and Bond and Promissory Note Issuance and Redemption (Repayment) by Non-bank Financial Institutions’ (becomes effective from 1 January 2018; officially published on the Bank of Russia website on 13 September 2017);

Bank of Russia Ordinance No. 4496-U, dated 14 August 2017, ‘On Amending Certain Bank of Russia Regulations on Accounting and Financial Statements by Non-bank Financial Institutions, Following the Introduction of IFRS 9 Financial Instruments’ (becomes effective 10 days after its official publication, except for Subclauses 1.1–1.10 of Clause 1 becoming effective from 1 January 2018 and remaining in force through 1 January 2021; officially published on the Bank of Russia website on 13 September 2017);

Bank of Russia Ordinance No. 4527-U, dated 15 September 2017, ‘On Interest Rates on Bank of Russia Deposit Operations’ (becomes effective the day it is signed and is subject to publication in the Bank of Russia Bulletin);

Bank of Russia Ordinance No. 4528-U, dated 15 September 2017, ‘On Interest Rates on Bank of Russia Lombard Loans’ (becomes effective the day it is signed and is subject to publication in the Bank of Russia Bulletin);

Bank of Russia Ordinance No. 4529-U, dated 15 September 2017, ‘On Interest Rates on Loans Secured by Assets or Guarantees’ (becomes effective the day it is signed and is subject to publication in the Bank of Russia Bulletin);

Bank of Russia Ordinance No. 4530-U, dated 15 September 2017, ‘On Interest Rates on Bank of Russia Overnight Loans’ (becomes effective the day it is signed and subject to publication in the Bank of Russia Bulletin).

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