On release of Bank of Russia Bulletin

Bank of Russia Bulletin No. 122 (1718) of 31 December2015 has been released.

The Bulletin publishes information on the countercyclical capital charge to the capital adequacy ratio, as well as on the publication of the Review of key indicators in non-credit institutions in 2015 Q3.

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

No. OD-3828, dated 30 December 2015, on amending Bank of Russia Order No. OD-3593, dated 14 December 2015;

No. OD-3829, dated 30 December 2015, on amending Bank of Russia Order No. OD-3183, dated 16 November 2015;

No. OD-3830, dated 30 December 2015, on terminating the activity of the provisional administration to manage the credit institution CJSC CB LADA-CREDIT (the city of Moscow);

No. OD-3831, dated 30 December 2015, on terminating the activity of the provisional administration to manage the credit institution PJSC CB EUROCOMMERCE (the city of Moscow);

No. OD-3832, dated 30 December 2015, on terminating the activity of the provisional administration to manage the credit institution OJSC JSCB Lesbank (the city of Moscow);

No. OD-3833, dated 30 December 2015, on amending the Annex to Bank of Russia Order No. OD-3660, dated 18 December 2015;

No. OD-3834, dated 30 December 2015, on amending the Annex to Bank of Russia Order No. OD-2406, dated 11 September 2015;

No. OD-3835, dated 30 December 2015, on amending the Annex to Bank of Russia Order No. OD-3274, dated 23 November 2015;

No. OD-3836, dated 30 December 2015, on amending the Annex to Bank of Russia Order No. OD-3658, dated 18 December 2015;

No. OD-3837, dated 30 December 2015, on amending the Annex to Bank of Russia Order No. OD-2659, dated 6 October 2015.

The Section Non-credit Financial Institutions publishes the following Bank of Russia Orders:

No. OD-3853, dated 31 December 2015, on appointing a provisional administration to the credit consumer cooperative Semeiny Capital;

No. OD-3856, dated 31 December 2015, on appointing a provisional administration to the credit consumer cooperative Credit Union UMNO ZHIT.

The Section Official Documents publishes the following materials:

Bank of Russia Regulation No. 509-P, dated 3 December 2015, ‘On Calculating the Capital, Required Ratios and Open Currency Position Limits of Banking Groups’ (becomes effective on 1 January 2016);

Bank of Russia Regulation No. 510-P, dated 3 December 2015, ‘On the Procedure for Calculating the Liquidity Coverage Ratio (Basel III) of Systemically Important Credit Institutions’ (becomes effective on 1 January 2016);

Bank of Russia Regulation No. 511-P, dated 3 December 2015, ‘On the Procedure for Calculating the Market Risk Value by Credit Institutions’ (becomes effective on 1 January 2016);

Bank of Russia Regulation No. 521-P, dated 17 December 2015, ‘On the Procedure for the Bank of Russia to Maintain the Register of Credit Rating Agencies, the Register of Affiliates and Representative Offices of Foreign Credit Rating Agencies, on the Requirements for the Procedure and Form for Submitting Notifications by Credit Rating Agencies to the Bank of Russia’ (becomes effective 10 days after its official publication in the Bank of Russia Bulletin);

Bank of Russia Ordinance No. 3855-U, dated 30 November 2015, ‘On Amending Bank of Russia Instruction No. 139-I, Dated 3 December 2012, ‘On Banks’ Required Ratios’ (becomes effective on 1 January 2016);

Bank of Russia Ordinance No. 3861-U, dated 30 November 2015, ‘On the Procedure for a Credit Rating Agency to Approve Grounds for Refusing Legal Entities and Public Law Entities to Provide Rating Services According to the National Rating Scale for the Russian Federation’ (becomes effective 10 days after its official publication in the Bank of Russia Bulletin);

Bank of Russia Ordinance No. 3871-U, dated 1 December 2015, ‘On the Procedure for a Credit Institution to Generate a Capital Recovery Plan and Coordinate it with the Bank of Russia’ (becomes effective 10 days after its official publication in the Bank of Russia Bulletin);

Bank of Russia Ordinance No. 3872-U, dated 1 December 2015, ‘On Amending Bank of Russia Regulation No. 421-P, Dated 30 May 2014, ‘On the Procedure for Calculating the Liquidity Coverage Ratio (Basel III)’ (becomes effective on 1 January 2016);

Bank of Russia Ordinance No. 3875-U, dated 3 December 2015, ‘On Amending Bank of Russia Ordinance No. 2332-U, Dated 12 November 2009, ‘On the List, Forms and Procedure for Compiling and Submitting Credit Institution Reporting Forms to the Central Bank of the Russian Federation’ (becomes effective on 31 December 2015 with the exception of Subclauses 1.1.1-1.1.24, 1.1.27, 1.1.28, 1.1.31-1.1.36, 1.1.39-1.1.61, 1.2.1-1.2.11,1.2.13-1.2.17 and 1.2.19 of Clause 1 which will come into effect on 1 January 2016; Subclause 1.1.38 of Clause 1 which will become effective on 1 April 2016; subclauses 1.1.29, 1.1.30, 1.2.12 and 1.2.18 of Clause 1 which will come into effect on 1 July 2016);

Bank of Russia Ordinance No. 3876-U, dated 3 December 2015, ‘On the Forms, Procedure and Timeframes for Parent Credit Institutions of Banking Groups to Disclose Information on Risks Assumed, Risk Assessment Procedures, and Risk and Capital Management Procedures’ (becomes effective on 1 January 2016);

Bank of Russia Ordinance No. 3877-U, dated 3 December 2015, ‘On Invalidating Bank of Russia Ordinance No. 3080-U, Dated 25 October 2013, ‘On the Forms, Procedure and Timeframes for Parent Credit Institutions of Banking Groups to Disclose Information on Risks Assumed, Risk Assessment Procedures, and Risk and Capital Management Procedures’ (becomes effective on 1 January 2016);

Bank of Russia Ordinance No. 3878-U, dated 3 December 2015, ‘On Amending Bank of Russia Ordinance No. 3624-U, Dated 15 October 2015, ‘On the Requirements for the Risk and Capital Management System of a Credit Institution or a Banking Group’ (becomes effective 10 days after its official publication in the Bank of Russia Bulletin);

Bank of Russia Ordinance No. 3879-U, dated 3 December 2015, ‘On Amending Bank of Russia Ordinance No. 3081-U, Dated 25 October 2013, ‘On Disclosing Information on Activities by Credit Institutions’ (becomes effective on 1 January 2016);

Bank of Russia Ordinance No. 3882-U, dated 7 December 2015, ‘On Amending Bank of Russia Ordinance No. 3499-U, Dated 19 December 2014, ‘On the Forms, Terms and Procedure for Compiling and Submitting Statistical Reports by Insurance Brokers to the Central Bank of the Russian Federation (becomes effective on 1 January 2016);

Bank of Russia Ordinance No. 3883-U, dated 7 December 2015, ‘On the Procedure for Assessing the Quality of Risk and Capital Management Systems, and Capital Adequacy of a Credit Institution or a Banking Group’ (becomes effective 10 days after its official publication in the Bank of Russia Bulletin);

Bank of Russia Ordinance No. 3886-U, dated 7 December 2015, ‘On Amending Bank of Russia Regulation No. 419-P, Dated 17 April 2014, ‘On Paying for Bank of Russia Services in the Bank of Russia Payment System’ (becomes effective 10 days after its official publication in the Bank of Russia Bulletin);

Bank of Russia Ordinance No. 3887-U, dated 7 December 2015, ‘On the Methodology for Measuring Credit Rating Agency Capital’ (becomes effective on 1 January 2016);

Bank of Russia Ordinance No. 3890-U, dated 10 December 2015, ‘On Amending Bank of Russia Ordinance No. 3533-U, Dated 15 January 2015, ‘On the Terms and Procedure for Compiling and Submitting Reporting Forms by Professional Securities Market Participants to the Central Bank of the Russian Federation’ (becomes effective 10 days after its official publication in the Bank of Russia Bulletin);

Bank of Russia Ordinance No. 3896-U, dated 14 December 2015, ‘On the Requirements for the Rating Committee Regulation Including the Operational Procedure of a Credit Rating Agency Rating Committee’ (becomes effective 10 days after its official publication in the Bank of Russia Bulletin);

Bank of Russia Ordinance No. 3903-U, dated 17 December 2015, ‘On the Procedure for the Bank of Russia to Agree on Candidates to the Position of a Sole Executive Body or Its Deputy and a Controller (Head of Internal Control Service) in a Credit Rating Agency and the Procedure for the Bank of Russia to Assess the Compliance of the Individuals Mentioned in Part 1 of Article 7 of Federal Law No. 222-FZ, Dated 13 July 2015, ‘On the Activity of Credit Rating Agencies in the Russian Federation, on Amending Article 76¹ of the Federal Law ‘On The Central Bank of the Russian Federation (Bank of Russia)’ and Invalidating Certain Provisions of Russian Laws’, with Requirements for Business Reputation’ (becomes effective 10 days after its official publication in the Bank of Russia Bulletin);

Bank of Russia Ordinance No. 3910-U, dated 24 December 2015, ‘On Amending Clause 2 of Bank of Russia Ordinance No. 3490-U, Dated 16 December 2014, ‘On Amending Bank of Russia Instruction No. 139-I, Dated 3 December 2012, ‘On Banks’ Required Ratios’ (becomes effective on the day of its official publication in the Bank of Russia Bulletin);

Bank of Russia Information Letter No. IN-03-13/4, dated 30.12.2015;

Bank of Russia Information Letter No. IN-04-41/5, dated 30.12.2015 (becomes effective on 1 January 2016).

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

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