Bank of Russia Bulletin released

Bank of Russia Bulletin No. 19 (2259) of 24 March 2021 has been released.

The issue contains information on the decision made by the Bank of Russia Board of Directors to reduce the key rate by 25 bp to 4.50% p.a. and to keep unchanged the levels of the national countercyclical capital buffer and risk-weight add-ons.

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

The issue publishes information on operating credit institutions with the participation of non-residents as of 1 January 2021.

The Bulletin presents a review of key indicators of the domestic foreign cash market in January 2021.

The issue publishes the following Bank of Russia orders:

No. OD-424, dated 19.03.2021, on the revocation of the banking licence from the Krasnodar-based credit institution OOO (LLC) UMK bank;

No. OD-425, dated 19.03.2021, on appointing the provisional administration to the Krasnodar-based credit institution OOO (LLC) UMK bank due to the revocation of its banking licence;

No. OD-432, dated 19.03.2021, on amending the Appendix to Bank of Russia Order No. OD-475, dated 7 March 2019;

No. OD-433, dated 19.03.2021, on amending the Appendix to Bank of Russia Order No. OD-360, dated 12 March 2021;

No. OD-434, dated 19.03.2021, on amending the Appendix to Bank of Russia Order No. OD-362, dated 12 March 2021.

The issue publishes information of the DIA on the start date of payment of compensation on deposits, and also the place, time, form and procedure for accepting applications from the depositors of Aljba Alliance CB Ltd, CB SStB LLC, and JSC ForeBank.

The Non-bank Financial Institutions section publishes Bank of Russia Order No. OD-406, dated 17.03.2021, on amending the Appendix to Bank of Russia Order No. OD-2050, dated 10 December 2020.

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. 5695-U, dated 11 January 2021, ‘On Amending Bank of Russia Ordinance No. 3701-U, Dated 29 June 2015, ‘On the Procedure for Sending Inquiries to the Central Catalogue of Credit Histories and Receiving Information from It Via a Notary’ (becomes effective on 1 January 2022; posted on the Bank of Russia website on 17.03.2021);

Bank of Russia Ordinance No. 5715-U, dated 1 February 2021, ‘On Amending Bank of Russia Ordinance No. 3934-U, Dated 18 January 2016, ‘On the Procedure for Sending Inquiries to the Central Catalogue of Credit Histories and Receiving Information from It Via Post Offices’ (becomes effective on 1 January 2022; posted on the Bank of Russia website on 22.03.2021);

Bank of Russia Ordinance No. 5717-U, dated 2 February 2021, ‘On Amending Clause 1 of Bank of Russia Ordinance No. 5542-U, Dated 10 September 2020, ‘On the List of Bank of Russia Officials Authorised to Compile Protocols of Administrative Offences’ (becomes effective 10 days after its official publication; posted on the Bank of Russia website on 22.03.2021);

Bank of Russia Ordinance No. 5719-U, dated 2 February 2021, ‘On Amending the Appendix to Bank of Russia Ordinance No. 5326-U, Dated 21 November 2019, ‘On the List of Insider Information of the Legal Entities Mentioned in Clauses 1, 3, 4, 11 and 12 of Article 4 of Federal Law No. 224-FZ, Dated 27 July 2010, ‘On Countering the Misuse of Insider Information and Market Manipulation and Amending Certain Laws of the Russian Federation’, and on the Procedure and Deadlines for its Disclosure’ (becomes effective on 1 April 2021; posted on the Bank of Russia website on 22.03.2021);

Bank of Russia Ordinance No. 5720-U, dated 2 February 2021, ‘On the Procedure for Notifying Persons Included on the List of Insiders of Their Inclusion and Exclusion in/from the Said List’ (becomes effective on 1 October 2021; posted on the Bank of Russia website on 22.03.2021);

Bank of Russia Ordinance No. 5726-U, dated 3 February 2021, ‘On Invalidating Bank of Russia Ordinance No. 2936-U, Dated 13 December 2012, and Bank of Russia Ordinance No. 3387-U, Dated 22 September 2014’ (becomes effective on 1 November 2021; posted on the Bank of Russia website on 22.03.2021);

Bank of Russia Order No. OD-405, dated 17.03.2021, on amending the Appendix to Bank of Russia Order No. OD-1240, dated 16 May 2018;

Bank of Russia Order No. OD-439, dated 22.03.2021, on amending Bank of Russia Order No. OD-3439, dated 3 December 2015;

Bank of Russia Order No. OD-450, dated 22.03.2021, on striking off information from the register of foreign payment system operators about MoneyGram Payment Systems, Inc.

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24.03.2021 11.00.01