Bank of Russia Bulletin released

Bank of Russia Bulletin No. 60 (2196) of 5 August 2020 has been released.

The Credit Institutions section presents a review of key indicators of the domestic foreign cash market in May 2020.

Listed are credit institutions complying with the requirements of federal laws and resolutions of the Russian Federation Government as of 1 July 2020.

The Bulletin publishes the following Bank of Russia orders:

No. OD-1242, dated 3 August 2020, on amending the Appendix to Bank of Russia Order No. OD-65, dated 17 January 2020;

No. OD-1245, dated 3 August 2020, on cancelling the banking licence of the Moscow-based credit institution INTERBANK ASSOCIATION ORGBANK LTD.

The issue publishes information of the Deposit Insurance Agency for depositors of Bank Kuznetsky Most JSC and JSC ‘The People’s Bank of Tuva’.

The Non-bank Financial Institutions section publishes Bank of Russia Order No. OD-1248, dated 3 August 2020, on the revocation of an insurance licence from LLC National Insurance Group — ROSENERGO.

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 Regulation No. 722-P, dated 15 June 2020, ‘On the Procedure for Insurers to Account Non-life Insurance Agreements, Non-life Reinsurance Agreements and Mandatory Medical Insurance Agreements’ (becomes effective on 1 January 2023; posted on the Bank of Russia website on 23.07.2020);

Bank of Russia Regulation No. 724-P, dated 18 June 2020, ‘On the Procedure for Non-governmental Pension Funds to Account Mandatory Pension Insurance Agreements’ (becomes effective on 1 January 2023; posted on the Bank of Russia website on 22.07.2020).

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

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