On Bank of Russia Bulletin

Bank of Russia Bulletin No. 63 (1781) of 7 July 2016 has been released.

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

No. OD-2106, dated 1 July 2016, on the revocation of a banking licence of the Moscow-based credit institution LLC FCRB Bank;

No. OD-2107, dated 1 July 2016, on the termination of activities by the state corporation Deposit Insurance Agency of the provisional administration of the Moscow-based credit institution LLC FCRB Bank;

No. OD-2108, dated 1 July 2016, on the appointment of the provisional administration of the Moscow-based credit institution LLC FCRB Bank following revocation of its banking licence;

No. OD-2109, dated 1 July 2016, on the termination of a moratorium to meet claims of creditors of the Moscow-based credit institution LLC FCRB Bank following revocation of its banking licence.

The section Official Documents publishes the following materials:

Bank of Russia Regulation No. 542-P, dated 13 May 2016, ‘On the Requirements to the Depositary Activity While Making Entries Based on Documents Related to Custodian Accounting, as well as on Documents Related to the Recognition and Transfer of Securities Rights and While Maintaining the Said Documents’ (becomes effective nine months after its official publication; officially posted on the Bank of Russia website on 4 July 2016);

Bank of Russia Ordinance No. 4014-U, dated 13 May 2016, ‘On the Non-appliance of Federal Securities Market Commission Regulation No. 36, Dated 16 October 1997, ‘On the Approval of the Regulation on the Depositary Activity in the Russian Federation, the Establishment of the Procedure of its Putting into Effect and of its Scope of Application’ (becomes effective nine months after its official publication; officially posted on the Bank of Russia website on 4 July 2016);

Bank of Russia Ordinance No. 4024-U, dated 25 May 2016, ‘On the Form, Terms and the Procedure for Compiling and Submitting to the Bank of Russia by a Self-regulatory Organisation of Credit Consumer Cooperatives of Data on Exercising Control over Activities of Members of a Self-regulatory Organisation of Credit Consumer Cooperatives as Regards Their Compliance with Legislation of the Russian Federation in Credit Cooperation, Provisions of their Statutes, Rules and Standards of a Self-regulatory Organisation of Credit Consumer Cooperatives’ (becomes effective 10 days after its official publication; officially posted on the Bank of Russia website on 30 June 2016);

Bank of Russia Ordinance No. 4028-U, dated 30 May 2016, ‘On the Procedure for Calculating Own Funds of Non-governmental Pension Funds’ (becomes effective 10 days after its official publication; officially posted on the Bank of Russia website on 1 July 2016);

Bank of Russia Information Letter No. IN-010-45/48, dated 1 July 2016, on opening election commissions accounts with PJSC Sberbank;

Bank of Russian Information Letter No. IN-015-55/49, dated 4 July 2016, on clarifying the issues related to depositary’s operations with Russian issuer securities owned by depositors — legal entities with which there is no interaction, or in relation of which an entry in the unified state register of legal entities on their termination through liquidation is made, or in relation of which a document to confirm their termination is received.

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

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