Bank of Russia Bulletin released

Bank of Russia Bulletin No. 35 (2275) of 15 June 2021 has been released.

The issue presents information about the Bank of Russia Board of Director’s decision to raise the key rate by 50 bp to 5.50% p.a.

The Credit Institutions section lists credit institutions complying with the requirements set forth by Russian Government resolutions as of 1 May 2021.

The Bulletin publishes the following Bank of Russia orders:

No. OD-1112, dated 09.06.2021, on the revocation of the banking licence and on cancelling the licence of professional securities market participant of the St. Petersburg-based credit institution ENERGOMASHBANK, Plc;

No. OD-1113, dated 09.06.2021, on appointing the provisional administration to the St. Petersburg-based credit institution ENERGOMASHBANK, Plc due to the revocation of its banking licence;

No. OD-1115, dated 09.06.2021, on amending Appendix 1 to Bank of Russia Order No. OD-1113, dated 9 June 2021;

No. OD-1124, dated 10.06.2021, on amending the Appendix to Bank of Russia Order No. OD-979, dated 28 May 2021;

No. OD-1125, dated 10.06.2021, on amending the Appendix to Bank of Russia Order No. OD-475, dated 26 March 2021;

No. OD-1126, dated 10.06.2021, on amending the Appendix to Bank of Russia Order No. OD-690, dated 16 April 2021;

No. OD-1127, dated 10.06.2021, on amending Appendix 1 to Bank of Russia Order No. OD-619, dated 9 April 2021;

No. OD-1128, dated 10.06.2021, on amending the Appendix to Bank of Russia Order No. OD-1040, dated 4 June 2021;

No. OD-1143, dated 11.06.2021, on amending the Appendix to Bank of Russia Order No. OD-743, dated 23 April 2021.

The Non-bank Financial Institutions section publishes Bank of Russia Order No. OD-1131, dated 10.06.2021, on the revocation of the insurance licences of Insurance Company Gelios Limited Liability Company.

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

The Official Documents section publishes the following materials:

Bank of Russia Ordinance No. 5769-U, dated 2 April 2021, ‘On Amending Bank of Russia Ordinance No. 4952-U, Dated 29 October 2018, ‘On the Methodology for Assessing Economic Situation of the Central Counterparty’ (becomes effective on 1 April 2022; posted on the Bank of Russia website on 10.06.2020);

Bank of Russia Ordinance No. 5787-U, dated 28 April 2021, ‘On Conditions for Banks to Perform Activities Specified in Clause 5.6 of Article 7 of the Federal Law ‘On Countering the Legalisation (Laundering) of Criminally Obtained Incomes and the Financing of Terrorism’ (becomes effective 10 days after its official publication; posted on the Bank of Russia website on 10.06.2021);

Bank of Russia Information Letter No. IN-06-59/38, dated 10 June 2021, ‘On the Acceptance of Bank of Russia Coins by Credit Institutions’;

Bank of Russia Information Letter No. IN-015-53/39, dated 10 June 2021, ‘On Measures to Support the Insurance Market’.

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

15.06.2021 17.00.00