On release of Bank of Russia Bulletin

Bank of Russia Bulletin No. 27 (1745) of 23 March 2016 has been released.

The issue presents information notices on the decisions of the Board of Directors to hold Bank of Russia key rate at 11.00% p.a. and retain unchanged interest rates on Bank of Russia specialised refinancing instruments.

The Credit Institutions section publishes the register of credit institutions recognised by the Bank of Russia as important in the payment services market.

The Bulletin presents the following Bank of Russia Orders:

No. OD-832, dated 14 March 2016, on the termination of activity of provisional administration to manage the Samara-based credit institution LLC IPOZEMbank;

No. OD-834, dated 14 March 2016, on the termination of activity of provisional administration to manage the Moscow-based credit institution CB KBR BANK LLC;

No. OD-835, dated 14 March 2016, on the termination of activity of provisional administration to manage the Moscow-based credit institution LLC CB FDB;

No. OD-838, dated 14 March 2016, on the termination of activity of provisional administration to manage the Moscow-based credit institution Deal-bank LLC;

No. OD-840, dated 14 March 2016, on amending Appendix to Bank of Russia Order No. OD-522, dated 15 February 2016;

No. OD-841, dated 14 March 2016, on amending Appendix 1 to Bank of Russia Order No. OD-138, dated 21 January 2016;

No. OD-842, dated 14 March 2016, on amending Appendix 1 to Bank of Russia Order No. OD-403, dated 8 February 2016;

No. OD-843, dated 14 March 2016, on amending Appendix 1 to Bank of Russia Order No. OD-268, dated 29 January 2016;

No. OD-844, dated 14 March 2016, on amending Appendix to Bank of Russia Order No. OD-524, dated 15 February 2016;

No. OD-845, dated 14 March 2016, on amending Appendix 1 to Bank of Russia Order No. OD-3658, dated 18 December 2015;

No. OD-900, dated 17 March 2016, on the revocation of the banking licence from the Moscow-based credit institution NATSCORPBANK JSC;

No. OD-901, dated 17 March 2016, on appointing the provisional administration to the Moscow-based credit institution NATSCORPBANK JSC due to the revocation of its banking licence;

No. OD-902, dated 17 March 2016, on the revocation of the banking licence from the Moscow-based credit institution PJSC Bank Ekaterininsky;

No. OD-903, dated 17 March 2016, on appointing the provisional administration to the Moscow-based credit institution PJSC Bank Ekaterininsky due to the revocation of its banking licence;

No. OD-904, dated 17 March 2016, on the revocation of the banking licence from the Vladikavkaz-based credit institution PJSC JSCB 1Bank;

No. OD-905, dated 17 March 2016, on appointing the provisional administration to the Vladikavkaz-based credit institution PJSC JSCB 1Bank due to the revocation of its banking licence;

No. OD-906, dated 17 March 2016, on reducing the authorised capital of the Saint Petersburg-based PJSC BALTINVESTBANK to the amount of its equity capital;

No. OD-911, dated 17 March 2016, on amending Appendix to Bank of Russia Order No. OD-3183, dated 16 November 2015;

No. OD-913, dated 17 March 2016, on amending Bank of Russia Order No. OD-140, dated 21 January 2016;

No. OD-919, dated 17 March 2016, on amending Bank of Russia Order No. OD-270, dated 29 January 2016;

No. OD-920, dated 18 March 2016, on the revocation of the banking licence from the Moscow-based credit institution JSC StarBank;

No. OD-921, dated 18 March 2016, on appointing the provisional administration to the Moscow-based credit institution JSC StarBank due to the revocation of its banking licence.

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

No. OD-859, dated 15 March 2016, on appointing the provisional administration to the Insurance Company Vysota, limited liability company;

No. OD-860, dated 15 March 2016, on appointing the provisional administration to the Insurance Company Gala, limited liability company;

No. OD-861, dated 15 March 2016, on appointing the provisional administration to BALT-Insurance, limited liability company;

No. OD-862, dated 15 March 2016, on appointing the provisional administration to the Insurance Company Invest-reserv, limited liability company;

No. OD-877, dated 16 March 2016, on suspending insurance licences of the Insurance Company Sovetskaya, limited liability company;

No. OD-878, dated 16 March 2016, on the revocation of the insurance and reinsurance licences from the INSURANCE COMPANY BASTION-LINE, limited liability company;

No. OD-879, dated 16 March 2016, on the revocation of the insurance licence from the Medical Insurance Company SANA, open joint-stock company;

No. OD-899, dated 16 March 2016, on extending term of activity of the provisional administration of the Insurance Company Pomoshch, limited liability company.

The issue publishes an information notice that the Insurance Company ZHASO, joint-stock company, (JSC ZHASO) intends to transfer its insurance portfolio on compulsory motor third party liability insurance to the Insurance Company of Gas Industry, joint-stock company, (JSC SOGAZ).

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

The Official Documents section publishes the following documents:

Bank of Russia Ordinance 3933-U, dated 18 January 2016, ‘On the Procedure for Disclosing and Listing Disclosed Information on Persons Controlling or Exerting Material Influence on a Legal Entity, a Non-credit Institution, Which Has the Right to Claim Debt Redemption under Loan Agreements Pursuant to Federal Law No. 422-FZ, Dated 30 December 2015, ’On the Specifics of Debt Redemption and Out-of-court Debt Settlement for Borrowers in the Republic of Crimea or in the Federal City of Sevastopol, and on Amending the Federal Law ’On Protecting Interests of Households Holding Deposits with Banks and Separate Business Units of Banks Registered and/or Operating in the Republic of Crimea or in the Federal City of Sevastopol’ (becomes effective 10 days after its official publication; officially published on the Bank of Russia website on 17 March 2016);

Bank of Russia Ordinance 3957-U, dated 5 February 2016, ‘On Amending Bank of Russia Ordinance 3027-U, dated 16 July 2013, ‘On the Procedure for Publishing Information on Income, Expenses, Property and Material Obligations of the Bank of Russia Employees and Members of their Families on the Bank of Russia Website and on the Procedure for Providing Information to All-Russian Mass Media for Publication’ (becomes effective on the date of its official publication in the Bank of Russia Bulletin);

Bank of Russia Ordinance No. 3961-U, dated 15 February 2016, ‘On Amending Bank of Russia Ordinance No. 3219-U, Dated 31 March 2014, ’On the Procedure for the Bank of Russia to Make a Decision on the State Registration of Amendments to a Credit Institution’s Charter and on Issuing a Banking Licence Due to a Change in a Credit Institution’s Status from a Bank to a Non-bank Credit Institution or Due to a Change in the Type of a Non-bank Credit Institution’ (becomes effective 10 days after its official publication; officially published on the Bank of Russia website on 15 March 2016);

Bank of Russia Letter No. IN-017-45/12, dated 11 March 2016, on furnishing information to retail customers on the specifics of e-money transfers.

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

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