On release of Bank of Russia Bulletin

Bank of Russia Bulletin No. 64 (1898) of 2 August 2017 has been released.

The issue publishes information notices about the decision of the Bank of Russia Board of Directors, dated 28 July 2017, to keep the key rate unchanged at 9.00% p.a. and about interest rates on all Bank of Russia specialised refinancing instruments. The Bulletin lists the credit institutions with appointed authorised representatives of the Bank of Russia who act in compliance with Article 76 of Federal Law No. 86-FZ, dated 10 July 2002, ‘On the Central Bank of Russian Federation (Bank of Russia)’ as of 1 July 2017.

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

No. OD-2115, dated 26 July 2017, on amending the Appendix to Bank of Russia Order No. OD-1621, dated 19 June 2017;

No. OD-2137, dated 28 July 2017, on amending Bank of Russia Order No. OD-1139, dated 28 April 2017;

No. OD-2138, dated 28 July 2017, on the revocation of the banking licence from the Moscow-based credit institution PJSC BANK JUGRA;

No. OD-2139, dated 28 July 2017, on terminating by the state corporation Deposit Insurance Agency the functions of the provisional administration to manage the Moscow-based PJSC BANK JUGRA;

No. OD-2140, dated 28 July 2017, on appointing the provisional administration to the Moscow-based credit institution PJSC BANK JUGRA due to the revocation of its banking licence;

No. OD-2141, dated 28 July 2017, on lifting the moratorium on meeting the creditor claims of the Moscow-based credit institution PJSC BANK JUGRA due to the revocation of its banking licence;

No. OD-2172, dated 31 July 2017, on amending the Appendix to Bank of Russia Order No. OD-1139, dated 28 April 2017;

No. OD-2173, dated 31 July 2017, on the termination of activity of provisional administration to manage the Moscow-based credit institution JSCB INTERCOOPBANK (JSC);

No. OD-2174, dated 31 July 2017, on the termination of activity of provisional administration to manage the Moscow-based credit institution NEFTYANOY ALLIANCE PJSCB.

The issue publishes information of the state corporation Deposit Insurance Agency for the depositors of the following credit institutions: Legion JSCB, Premier Credit Bank PJSC, Stal Bank LLC, and PJSC BANK JUGRA.

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

No. OD-2120, dated 27 July 2017, on the revocation of insurance broker licence from Insurance Broker Yard, limited liability company;

No. OD-2121, dated 27 July 2017, on the revocation of the insurance licence from Rosgosstrakh-Medicine, limited liability company;

No. OD-2122, dated 27 July 2017, on resuming the mutual insurance licence of the Investment Guarantee, non-profit organisation — the consumer society of mutual insurance;

No. OD-2142, dated 28 July 2017, on amending Bank of Russia Order No. OD-1341, dated 23 May 2017.

The issue 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. 4440-U, dated 30 June 2017, ‘On Amending Bank of Russia Regulation No. 563-P, Dated 5 December 2016, ‘On the Procedure for the Central Bank of the Russian Federation to Administer Certain Proceeds to the Budgetary System of the Russian Federation’ (becomes effective 10 days after the official publication; posted on the Bank of Russia website on 27 July 2017);

Bank of Russia Ordinance No. 4442-U, dated 30 June 2017, ‘On the Rules for Transferring Balances of Accounts with Federal Treasury Regional Branches’ (becomes effective 10 days after the official publication; posted on the Bank of Russia website on 27 July 2017);

Bank of Russia Order No. OD-2161, dated 31 July 2017, ‘On the Enactment of the Bank of Russia Payment System Management Policy’;

Bank of Russia Order No. OD-2162, dated 31 July 2017, ‘On Approval of the Statute on the Bank of Russia Payment System Risk Management Committee’;

Bank of Russia Order No. OD-2169, dated 31 July 2017, ‘On the Allocation of Duties in the Bank of Russia to Control and Supervise the Compliance with Russian Legislation by Microfinance Organisations, Pawnshops, Consumer Credit Cooperatives, Agricultural Consumer Credit Cooperatives, Housing Savings Cooperatives, Financial Self-regulatory Organisations, Uniting Consumer Credit Cooperatives, and on Invalidating Bank of Russia Orders No. OD-3565, Dated 11 December 2015, and No. OD-1056, Dated 28 March 2016’;

Bank of Russia Information Letter No. IN-06-55/39, dated 25 July 2017, on compliance by professional securities market players with the obligation to submit their solvency recovery plans to the Bank of Russia;

Bank of Russia Information Letter No. IN-01-12/40, dated 27 July 2017, on the criteria used to find signs of credit institutions’ active involvement in dubious cashless and (or) cash transactions.

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02.08.2017 00.00.00