Bank of Russia Bulletin released

Bank of Russia Bulletin No. 91 (2045) of 18 December 2018 has been released.

The Information Notices section presents the required reserves averaging schedule for 2019. The Bulletin publishes the Bank of Russia Board of Directors’ decision of 14 December 2018 to raise the key rate by 0.25 percentage points to 7.75% per annum.

The Credit Institutions section presents consolidated statistics on top 30 Russian banks as of 1 November 2018.

The Bulletin publishes the following Bank of Russia orders:

No. OD-3158, dated 10.12.2018, on amending Appendix 1 to Bank of Russia Order No. OD-3034, dated 23 November 2018;

No. OD-3160, dated 11.12.2018, on amending Appendix 1 to Bank of Russia Order No. OD-2853, dated 31 October 2018;

No. OD-3161, dated 11.12.2018, on amending Appendix 1 to Bank of Russia Order No. OD-3036, dated 23 November 2018;

No. OD-3162, dated 11.12.2018, on amending Appendix 1 to Bank of Russia Order No. OD-2853, dated 31 October 2018;

No. OD-3163, dated 11.12.2018, on amending Appendix 1 to Bank of Russia Order No. OD-3034, dated 23 November 2018;

No. OD-3164, dated 11.12.2018, on amending Appendix 1 to Bank of Russia Order No. OD-2956, dated 14 November 2018;

No. OD-3165, dated 11.12.2018, on amending the Appendix to Bank of Russia Order No. OD-2587, dated 5 October 2018;

No. OD-3166, dated 11.12.2018, on amending the Appendix to Bank of Russia Order No. OD-2589, dated 5 October 2018;

No. OD-3167, dated 11.12.2018, on amending Appendix 1 to Bank of Russia Order No. OD-2903, dated 7 November 2018;

No. OD-3168, dated 11.12.2018, on amending Appendix 1 to Bank of Russia Order No. OD-2853, dated 31 October 2018;

No. OD-3194, dated 13.12.2018, on the termination of activity of provisional administration to manage the Chita-based credit institution Central-European Bank, Ltd.;

No. OD-3205, dated 14.12.2018, on the cancellation of the banking licence of the Moscow-based credit institution JSC RUNETBANK.

The issue publishes information on acquiring the part of claims exceeding 700,000 rubles and making additional compensation payments to depositors using the funds of the twelfth asset contribution of the Republic of Crimea.

The Bulletin presents consolidated data on financial market sectors and information notices by the Bank of Russia.

The Official Documents section publishes the following materials:

Bank of Russia Ordinance No. 4957-U, dated 8 November 2018, ‘On Invalidating Bank of Russia Ordinance No. 3584-U, Dated 11 March 2015, ‘On the Procedure for the Submission to the Pension Fund of the Russian Federation of Transfer Applications (Early Transfer Applications) and Transfer Notices of Insured Persons Willing to Move to the Pension Fund of the Russian Federation or to Move from One Non-governmental Pension Fund to Another’ (becomes effective from 1 January 2019; posted on the Bank of Russia website on 12.12.2018);

Bank of Russia Ordinance No. 4971-U, dated 16 November 2018, ‘On Amending Bank of Russia Ordinance No. 2346-U, Dated 25 November 2009, ‘On Keeping Certain Electronic Documents Related to Accounting, Settlement and Cash Operations when Arranging Accounting in Credit Institutions’ (becomes effective 10 days after its official publication; posted on the Bank of Russia website on 14.12.2018);

Bank of Russia Information Letter No. IN-04-45/70, dated 3 December 2018, on ensuring smooth funds transfers made in payment systems with the use of payment cards;

Bank of Russia Information Letter No. IN-06-28/71, dated 12 December 2018, on invalidating Bank of Russia Information Letter No. IN-06-28/25, dated 4 May 2018;

Bank of Russia Information Letter No. IN-06-28/72, dated 12 December 2018, on invalidating certain Bank of Russia letters;

The federal standard of actuarial activity ‘Actuarial Evaluation of Non-governmental Pension Funds’.

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

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