Bank of Russia Bulletin released

Bank of Russia Bulletin No. 86 (2326) of 9 December 2021 has been released.

The Credit Institutions section lists credit institutions complying with the requirements of federal laws and resolutions of the Russian Federation Government as of 1 November 2021.

The issue publishes the following Bank of Russia orders:

No. OD-2360, dated 30.11.2021, on the termination of activity of the provisional administration to manage the Moscow-based credit institution CB PLATINA LTD;

No. OD-2419, dated 08.12.2021, on amending the Appendix to Bank of Russia Order No. OD-743, dated 23 April 2021.

The Bulletin publishes information on the exclusion of JSCB INTERCOOPBANK (JSC) from the register of banks participating in the deposit insurance system.

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

No. OD-2361, dated 30.11.2021, on the revocation of the insurance licence from the Insurance Medical Company Sakhamedstrakh JSC;

No. OD-2390, dated 03.12.2021, on the revocation of insurance licences from ACKO-STRAKHOVANIYE PJSC;

No. OD-2391, dated 03.12.2021, on appointing the provisional administration to ACKO-STRAKHOVANIYE PJSC due to the revocation of its insurance licence;

No. OD-2406, dated 06.12.2021, on the revocation of insurance licences from the Insurance Company VSK-Miloserdiye, LLC.

The Bulletin presents consolidated data on financial market sectors and information notices.

The Official Documents section publishes the following materials:

Bank of Russia Instruction No. 205-I, dated 1 September 2021, ‘On the Procedure for Registering Amendments to the Trust Management Rules of Mortgage Coverage, and on the Procedure for the Bank of Russia to Notify the Applicant of the Decision to Register Amendments to the Trust Management Rules of Mortgage Coverage or of the Refusal to Register Them’ (becomes effective 10 days after its official publication; posted on the Bank of Russia website on 06.12.2021);

Bank of Russia Ordinance No. 5854-U, dated 13 July 2021, ‘On Requirements for a Payment Application Provider to Enable the Clients of a Funds Transfer Operator to Use National Payment Instruments Through the Payment Application’ (becomes effective 10 days after its official publication except for an individual provision for which another effective period is established; posted on the Bank of Russia website on 29.11.2021);

Bank of Russia Ordinance No. 5877-U, dated 5 August 2021, ‘On the Form of an Insurance Licence and the Procedure for Sending It to an Insurance Agent (Excluding a Foreign Insurance Company), and Also on the Form of an Extract from the Unified State Register of Insurance Agents, and the Procedure and Timeframe for its Forwarding to a Foreign Insurance Company’ (becomes effective 10 days after its official publication; posted on the Bank of Russia website on 29.11.2021);

Bank of Russia Ordinance No. 5895-U, dated 19 August 2021, ‘On the Application of Certain Bank of Russia Regulations on Accounting and Accounting (Financial) Statements’ (becomes effective on 1 January 2022; posted on the Bank of Russia website on 06.12.2021);

Bank of Russia Ordinance No. 5969-U, dated 5 October 2021, ‘On the Procedure for the Bank of Russia to Cooperate with Credit Institutions, Non-bank Financial Institutions, Persons Providing Professional Services in the Financial Market and Other Parties to Information Exchange When Using Bank of Russia Information Resources, Including Personal Accounts’ (becomes effective on 1 January 2022; posted on the Bank of Russia website on 19.11.2021);

Bank of Russia Ordinance No. 5970-U, dated 5 October 2021, ‘On Requirements for the Methodology to Determine the Individual Rating of a Credit History Maker, for the Composition of Information to be Disclosed When Assigning Such Individual Rating, and on the Procedure for Examining the Quality of Scoring Services Provided by a Credit History Bureau’ (becomes effective on 1 January 2022; posted on the Bank of Russia website on 23.11.2021);

Bank of Russia Information Letter No. IN-06-59/91, dated 2 December 2021, ‘On the Bank of Russia’s Standing Regarding the Application of Federal Legislative Standards on the Securities Market’.

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09.12.2021 11.10.00