Bank of Russia Bulletin released

Bank of Russia Bulletin No. 96 (2050) of 25 December 2018 has been released.

The issue publishes information on the national countercyclical capital buffer and risk ratio buffers for credit institutions’ computation of capital adequacy ratios.

The Credit Institutions section publishes information about the Russian banking system as of 1 December 2018.

The Bulletin publishes the following Bank of Russia orders:

No. OD-3269, dated 21.12.2018, on the revocation of the banking licence and on cancelling the licence of professional securities market participant of the Rostov-on-Don-based credit institution PJCB Donkhlebbank;

No. OD-3270, dated 21.12.2018, on appointing the provisional administration to the Rostov-on-Don-based credit institution PJCB Donkhlebbank due to the revocation of its banking licence;

No. OD-3271, dated 21.12.2018, on the revocation of the banking licence and on cancelling the licence of professional securities market participant of the Moscow-based credit institution JSCB RUSSOBANK;

No. OD-3272, dated 21.12.2018, on appointing the provisional administration to the Moscow-based credit institution JSCB RUSSOBANK due to the revocation of its banking licence.

The issue publishes information of the DIA for the depositors of JSC Cdbbank and CB Economics-Bank LTD.

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

No. OD-3242, dated 19.12.2018, on terminating the activity of the provisional administration of Joint-stock Company Crimean Insurance Alliance;

No. OD-3257, dated 20.12.2018, on the termination of activity of the provisional administration of Rosmedstrakh-K LLC.

The Bulletin 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. 4960-U, dated 12 November 2018 ‘On Amending Bank of Russia Ordinance No. 3400-U, Dated 30 September 2014, ‘On the Procedure to Enter Information on Insurance Agents in the Unified State Register of Insurance Agents’ (becomes effective 10 days after its official publication; posted on the Bank of Russia website on 21.12.2018);

Bank of Russia Ordinance No. 4963-U, dated 12 November 2018, ‘On the Procedure and Timeframe for Reissuing the Insurance, Reinsurance, Mutual Insurance or Insurance Broker Licence, and for Receiving Replacement Licence Form or Duplicate Licence’ (becomes effective 10 days after its official publication; posted on the Bank of Russia website on 21.12.2018);

Bank of Russia Ordinance No. 4993-U, dated 29 November 2018, ‘On the Requirements for Data and Documents Submitted to Obtain an Insurance Agent’s Licence, and on Their Standard Forms, and on the Procedure and Ways of Submitting Documents to Obtain an Insurance Agent’s Licence to the Bank of Russia’ (becomes effective 10 days after its official publication; posted on the Bank of Russia website on 21.12.2018);

Bank of Russia Ordinance No. 5029-U, dated 19 December 2018, ‘On Amending Bank of Russia Instruction No. 149-I, Dated 25 February 2014, ‘On Organising Inspections by the Central Bank of the Russian Federation (Bank of Russia)’ (becomes effective 10 days after its official publication; posted on the Bank of Russia website on 20.12.2018);

Bank of Russia Information Letter No. IN-015-55/77, dated 19 December 2018, on non-application of measures against credit institutions;

Bank of Russia Information Letter No. IN-04-30/78, dated 19 December 2018, on the measures taken by the Bank of Russia territorial divisions to implement Clause 3.11 of Appendix 1 to Federal Treasury Order No. 3n, dated 20 March 2012, and Clause 3.9 of Appendix 1 to Federal Treasury Order No. 1n, dated 9 January 2014.

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