Bank of Russia Bulletin released

Bank of Russia Bulletin No. 5 (2057) of 25 January 2019 has been released.

The section Cash Circulation publishes information on counterfeit money detected in the Russian banking system in 2018 Q4.

The Credit Institutions section presents a review of the key indicators of the domestic foreign cash market in November 2018.

The Bulletin publishes the following Bank of Russia orders:

No. OD-108, dated 21.01.2019, on amending Appendix 1 to Bank of Russia Order No. OD-3272, dated 21 December 2018;

No. OD-109, dated 22.01.2019, on appointing the limited liability company Fund of Banking Sector Consolidation Asset Management Company to perform the functions of the provisional administration of the Moscow-based PJSC Moscow Industrial Bank.

The Non-bank Financial Institutions section informs about the disposal of the assets of the 1^st NPF JSC.

The Official Documents section publishes the following materials:

Bank of Russia Ordinance No. 4936-U, dated 17 October 2018, ‘On the Procedure for Credit institutions to Submit to the Authorised Body Information in Accordance with Articles 7 and 7.5 of the Federal Law ‘On Countering the Legalisation (Laundering) of Criminally Obtained Incomes and the Financing of Terrorism’ (becomes effective 90 days after its official publication; posted on the Bank of Russia website on 21.01.2019);

Bank of Russia Ordinance No. 4937-U, dated 17 October 2018, ‘On the Procedure for Non-bank Financial Institutions to Submit to the Authorised Body Information in Accordance with Articles 7 and 7.5 of the Federal Law ‘On Countering the Legalisation (Laundering) of Criminally Obtained Incomes and the Financing of Terrorism’ (becomes effective 60 days after its official publication; posted on the Bank of Russia website on 21.01.2019);

Bank of Russia Ordinance No. 4952-U, dated 29 October 2018, ‘On the Methodology for Assessing Economic Situation of the Central Counterparty’ (becomes effective 10 days after its official publication; posted on the Bank of Russia website on 22.01.2019);

Bank of Russia Ordinance No. 5006-U, dated 5 December 2018, ‘On the Procedure and Timeframes for the Bank of Russia to Decide on the Termination of a Central Counterparty Status’ (becomes effective 10 days after its official publication; posted on the Bank of Russia website on 22.01.2019);

Bank of Russia Ordinance No. 5017-U, dated 18 December 2018, ‘On Amending Bank of Russia Regulation No. 605-P, Dated 2 October 2017, ‘On the Procedure for Credit Institutions to Account Transactions to Place Funds under Loan Agreements, Transactions to Purchase Receivables from Third Parties Related to the Performance of Cash Liabilities, Transactions Related to Liabilities under Bank Guarantees Issued and Funds Provision’ (becomes effective 10 days after its official publication; posted on the Bank of Russia website on 18.01.2019);

Bank of Russia Ordinance No. 5018-U, dated 18 December 2018, ‘On Amending Bank of Russia Regulation No. 606-P, Dated 2 October 2017, ‘On the Procedure for Credit Institutions to Account Securities Transactions’ (becomes effective 10 days after its official publication; posted on the Bank of Russia website on 18.01.2019);

Bank of Russia Ordinance No. 5019-U, dated 18 December 2018, ‘On Amending Bank of Russia Regulation No. 579-P, Dated 27 February 2017, ‘On the Chart of Accounts of Credit Institutions and the Procedure for Using It’ (becomes effective 10 days after the date of its official publication except for the provisions for which other effective periods are established; posted the Bank of Russia website on 18.01.2019);

Bank of Russia Ordinance No. 5032-U, dated 20 December 2018, ‘On Amending Clause 1 of Bank of Russia Ordinance No. 4300-U, Dated 27 February 2017, ‘On the List of Bank of Russia Officials Authorised to Compile Administrative Offence Reports’ (becomes effective 10 days after its official publication; posted on the Bank of Russia website on 22.01.2019);

Bank of Russia Order No. OD-141, dated 24 January 2019, on the Bank of Russia’s Control and Supervision over Compliance by Insurance Agents with the Insurance Legislation of the Russian Federation and on Cancelling Bank of Russia Orders No. OD-3025, dated 19.10.2017 and No. OD-1182, dated 11.05.2018.

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