On Bank of Russia Bulletin

Bank of Russia Bulletin No. 80 (1798) of 8 September 2016 has been released.

The Bulletin publishes Bank of Russia information notices.

The section Credit Institutions presents consolidated statistics on Top 30 Russian banks and information on assets and capital of credit institutions as of 1 August 2016, as well as the review of domestic foreign exchange market key indicators in July 2016.

The Bulletin publishes the following Bank of Russia orders:

No. OD-2903, dated 1 September 2016, on termination of activity of the provisional administration of the Moscow-based credit institution LLC Promregionbank;

No. OD-2932, dated 2 September 2016, on revocation of the banking licence of the Saint Petersburg-based credit institution JSC CB TETRAPOLIS;

No. OD-2933, dated 2 September 2016, on appointing the provisional administration of the Saint Petersburg-based credit institution JSC CB TETRAPOLIS following revocation of its banking licence.

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

Order No. OD-2897, dated 1 September 2016, on appointing the provisional administration to manage the limited liability company Nezavisimost Insurance company;

Order No. OD-2919, dated 1 September 2016, on revocation of the licence to carry out insurance broker — individual entrepreneur activity of Dmitry A. Shcherbak;

Order No. OD-2923, dated 1 September 2016, on termination of activity of the provisional administration of PROFSODRUZHESTVO insurance company.

The Bulletin publishes a notice on the meeting of employees, former employees of JSC NPF Novy Vek OPS as an absent vote form.

The issue presents a notice on the results of deposit auctions and weekly consolidated data on financial market sectors.

The section Official Documents publishes the following materials:

Bank of Russia Ordinance No. 4098-U, dated 4 August 2016, ‘On Amending Bank of Russia Regulation No. 395-P, Dated 28 December 2012, ‘On the Methodology for Measuring Bank Capital and Assessing Its Adequacy (Basel III)’ (becomes effective 10 days after its official publication; officially posted on the Bank of Russia website on 5 September 2016);

Bank of Russia Ordinance No. 4099-U, dated 4 August 2016, ‘On Amending Bank of Russia Regulation No. 283-P, Dated 20 March 2006, ‘On the Procedure for Making Loan Loss Provisions by Credit Institutions’ (becomes effective on 1 October 2016 with the exception of Clause 1.17 which becomes effective on 1 February 2017; officially posted on the Bank of Russia website on 5 September 2016);

Bank of Russia Letter No. 05-15-3/6982, dated 31 August 2016, ‘On the Non-Application of Measures to Credit Institutions.’

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

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