On rated entities used for the calculation of professional securities market participants’ capital

On 10 November 2017, the Bank of Russia Board of Directors decided that the minimum credit rating set in line with the requirements of Bank of Russia Regulation No. 548-P, dated 19 June 2016, ‘On the Procedure for Calculating the Capital of Professional Securities Market Participants and Also of Applicants for Professional Securities Market Participant’s Licence’, and assigned according to the national rating scale for the Russian Federation in the classification of the joint-stock company Rating Agency Expert RA (JSC Expert RA), shall be applied to credit institutions, non-financial organisations, constituent territories of the Russian Federation and municipal entities.

This decision is applicable from the day it is posted on the Bank of Russia website.

On establishing the list of credit agencies and minimum credit ratings when calculating professional securities market participants’ capital

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