On the release of Bank of Russia Bulletin

Bank of Russia Bulletin No. 93 (1571) of 8 October 2014 has been released.

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

No. OD-2638, dated 26 September 2014, ‘On Striking off the Credit Institution Closed Joint-Stock Company Raiffeisenbank or OJSC Raiffeisenbank from the Register of Payment System Operators’;

No. OD-2689, dated 1 October 2014, ‘On Appointing the State Corporation Deposit Insurance Agency to Perform the Functions of the Provisional Administration of the Moscow-based Open Joint-Stock Company Bank Narodniy Credit or OJSC Bank Narodniy Credit’;

No. OD-2691, dated 1 October 2014, ‘On Striking off the Non-Bank Credit Institution Closed Joint-Stock Company Petersburg Settlement Center or CJSC PSC from the Register of Payment System Operators’.

The section Non-Bank Financial Institutions publishes Bank of Russia Order No. OD-2699, dated 2 October 2014, ‘On the Revocation of Licence to Perform Mediation Activity as an Insurance Broker from Insurance Broker Strakhovka24.rf, Limited Liability Company’.

Bank of Russia Bulletin No. 93 publishes the following official documents:

Bank of Russia Regulation No. 431-P, dated 19 September 2014, ‘On the Rules of Compulsory Motor Third Party Liability Insurance’ (becomes effective the day the Resolution of the Government of the Russian Federation on recognising invalid Resolution of the Government of the Russian Federation No. 263, dated 7 May 2003, ‘On Approving the Rules of Compulsory Motor Third Party Liability Insurance’ becomes effective. Paragraph 4 of Clause 4.1, Paragraph 2 of Clause 4.4, Subclause 4.4.2, Subclause 4.4.3 (with regard to the maximum amount of insurance benefit for the damage done to life of the injured person) of Clause 4.4, Paragraph 3 of Clause 4.22 of Annex 1 to the present Regulation become effective from 1 April 2015. Paragraph 2 of Clause 1.1, Paragraph 2 of Clause 1.3 (with regard to the compulsory insurance policy in the form of an electronic document), Clause 1.11 of Annex 1 to the present Regulation become effective from 1 July 2015);

Bank of Russia Regulation No. 432-P, dated 19 September 2014, ‘On the Single Method for Estimating the Cost of Restorative Repairs of the Damaged Vehicle’ (becomes effective the day the Resolution of the Government of the Russian Federation on recognising invalid Resolution of the Government of the Russian Federation No. 361, dated 24 May 2010, ‘On Approving the Rules for Estimating the Cost of materials and Spare Parts for Restorative Repairs of Vehicles’ becomes effective);

Bank of Russia Regulation No. 433-P, dated 19 September 2014, ‘On the Rules for Holding an Independent Technical Expertise of the Vehicle’ (becomes effective the day the Resolution of the Government of the Russian Federation on recognising invalid Resolution of the Government of the Russian Federation No. 238, dated 24 April 2003, ‘On Arranging an Independent Technical Expertise of the Vehicle’ becomes effective);

Bank of Russia Ordinance No. 3377-U, dated 5 September 2014, ‘On Amending Bank of Russia Regulation No. 395-P, dated 28 December 2012, ‘On the Method for Estimating the Amount of Equity Capital of Credit Institutions (Basel III)’ (becomes effective the day of the official publication in the Bank of Russia Bulletin);

Bank of Russia Letter No. 167-T, dated 2 October 2014, ‘On the Measures to Alleviate Operational Risks When Accepting Executive Documents for Execution’;

Bank of Russia Letter No. 168-T, dated 3 October 2014, ‘On Drawing Credit Institutions’ Attention to Certain Operations of Their Customers’.

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

08.10.2014 00.00.00