On release of Bank of Russia Bulletin

Bank of Russia Bulletin No. 9 (1727) of 1 February 2016 has been released.

The issue publishes the information notices about the decisions of the Bank of Russia Board of Directors to keep the key rate on hold at 11.00% p.a. and to keep the interest rates on Bank of Russia specialised refinancing instruments unchanged.

The section Cash Circulation presents the material ‘Structure of Cash Supply in Circulation as of 1 January 2016’.

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

No. OD-252, dated 28 January 2016, on amending Annex 1 to Bank of Russia Order No. OD-3658, dated 18 December 2015;

No. OD-268, dated 29 January 2016, on the appointment of the provisional administration to manage the Moscow-based credit institution CB INTERCOMMERZ (LLC);

No. OD-269, dated 29 January 2016, on the revocation of banking licence from the Moscow-based credit institution CB MEZHTRUSTBANK (LLC);

No. OD-270, dated 29 January 2016, on the appointment of the provisional administration to manage the Moscow-based credit institution CB MEZHTRUSTBANK (LLC) due to the revocation of its banking licence;

No. OD-275, dated 29 January 2016, on terminating by the state corporation Deposit Insurance Agency the functions of the provisional administration of the Ufa-based Sotsinvestbank PJSC.

The issue provides information by the state corporation Deposit Insurance Agency for depositors of CB ERGOBANK (LLC).

The section Non-bank Financial Institutions publishes Bank of Russia Order No. OD-240, dated 28 January 2016, on the appointment of the provisional administration to the Insurance Company ZSG, limited liability company.

The issue provides weekly general data on financial market sectors, as well as information notices of the Bank of Russia.

Bank of Russia Bulletin No. 9 publishes the following official documents:

Bank of Russia Instruction No. 172-I, dated 8 December 2015, ‘On the Procedure for Registering Regulations of a Specialised Depository to Exercise Control over Investing Pension Savings and Amending Thereof’ (becomes effective 10 days after the date of its official publication in the Bank of Russia Bulletin);

Bank of Russia Regulation No. 520-P, dated 16 December 2015, "An Accounting Standard for Non-bank Financial Institutions to Record Events after the End of the Reporting Period’ (becomes effective from 1 January 2017; is used by microfinance organisations, consumer credit cooperatives, and housing savings cooperatives from 1 January 2018, by agricultural consumer credit cooperatives and pawn shops from 1 January 2019);

Bank of Russia Ordinance No. 3905-U, dated 21 December 2015, ‘On Amending the Annex to Bank of Russia Ordinance No. 2991-U, Dated 8 April 2013, ‘On the List of Bank of Russia Positions the Appointment to Which and Holding Such Positions Makes it Obligatory for Bank of Russia Employees to Provide Information about Their Income, Expenses, Property and Proprietary Obligations, as well as Income, Expenses, Property and Proprietary Obligations of His (Her) Spouse and Underage Children’ (becomes effective from the date of its official publication in the Bank of Russia Bulletin);

Bank of Russia Ordinance No. 3951-U, dated 29 January 2016, ‘On Invalidating Certain Bank of Russia Regulations’ (becomes effective from 1 February 2016);

Bank of Russia Information Letter No. IN-01-41/4, dated 28 January 2016, on the specifics of the required ratios calculation.

The reference to the Press Service is mandatory if you intend to use this material.

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