On release of Bank of Russia Bulletin

Bank of Russia Bulletin No. 93 (1927) of 1 November 2017 has been released.

The Bulletin publishes information on acquiring the part of claims exceeding 700,000 rubles and making additional compensation payments to depositors using the funds of the fifth asset contribution of the Republic of Crimea.

The Official Documents section publishes the following materials:

Bank of Russia Regulation No. 601-P, dated 20 September 2017, ’On the Procedure for Suspending and Revalidating Professional Securities Market Participant Licences, on the Procedure for the Bank of Russia to Take Decisions on Cancelling Professional Securities Market Participant Licences, on Terms for Taking Such Decisions in Cases Stipulated in Sub-clauses 2-12 of Clause 1 and Sub-clause 3 of Clause 2 of Article 391 of Federal Law No. 39-FZ, Dated 22 April 1996, ‘On the Securities Market’, and on Establishing a Comprehensive List of Documents Attached to the Application for Cancelling Licences and the Procedure for Their Submission, and on the Procedure for the Bank of Russia to Notify Professional Securities Market Participants Whose Licences Have Been Cancelled’ (becomes effective 10 days after the official publication; posted on the Bank of Russia website on 24 October 2017);

Order of the Ministry of Economic Development of Russia, Ministry of Finance of Russia and Bank of Russia No. 426/130n/4504‑U, dated 22 August 2017, ‘On Invalidating Order of the Ministry of Economic Development of Russia, Ministry of Finance of Russia and Bank of Russia No. 387/90n/2669‑U, Dated 1 August 2011, ‘On the Requirements for Banks and for Agreements between a Federal Authorised Organisation and Banks Providing Services Using Electronic Banking Software for Issuing Universal Electronic Card, and the Procedure to Conclude Such Agreements’;

Bank of Russia Ordinance No. 4536‑U, dated 20 September 2017, ‘On Amending Bank of Russia Regulation No. 481‑U, Dated 27 July 2015, ‘On Licensing Requirements for and Conditions of Professional Activity in the Securities Market, Restrictions on Holding Together Certain Types of Professional Activity in the Securities Market, and on the Procedure and Timeframes for Submitting to the Bank of Russia Reports on Terminating Obligations Related to Professional Activity in the Securities Market in Case of Cancellation of a Professional Securities Market Participant Licence’ (becomes effective 10 days after the official publication; officially posted on the Bank of Russia website on 24 October 2017);

Bank of Russia Ordinance No. 4540‑U, dated 22 September 2017, ‘On Amending Bank of Russia Ordinance No. 2732‑U, Dated 17 November 2011, ‘On the Specifics of Credit Institutions’ Loss Provisioning for Operations with Securities the Rights to Which Are Certified by Depositories’ (becomes effective 10 days after its official publication; officially posted on the Bank of Russia website on 25 October 2017).

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

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