Bank of Russia Bulletin released

Bank of Russia Bulletin No. 30 (2270) of 26 May 2021 has been released.

The issue publishes the Bank of Russia Board of Directors’ decision to raise risk-weight add-ons for mortgage loans issued from 1 August 2021.

The Credit Institutions section publishes the following Bank of Russia orders:

No. OD-902, dated 20.05.2021, on amending Appendix 1 to Bank of Russia Order No. OD-535, dated 2 April 2021;

No. OD-903, dated 20.05.2021, on amending the Appendix to Bank of Russia Order No. OD-690, dated 16 April 2021;

No. OD-914, dated 21.05.2021, on the revocation of the banking licence of the Krasnoyarsk-based credit institution OOO NKO Krasnoyarsk Territorial Settlement Center;

No. OD-915, dated 21.05.2021, on the appointment of the provisional administration to the Krasnoyarsk-based credit institution OOO NKO Krasnoyarsk Territorial Settlement Center due to the revocation of its banking licence;

No. OD-916, dated 21.05.2021, on amending Appendix 1 to Bank of Russia Order No. OD-535, dated 2 April 2021;

No. OD-918, dated 21.05.2021, on the termination of activity of the provisional administration to manage the Kazan-based credit institution JSC NCO Network Clearing House;

No. OD-938, dated 24.05.2021, on amending Appendix 1 to Bank of Russia Order No. OD-692, dated 16 April 2021.

The issue publishes information of the State Corporation Deposit Insurance Agency on the start date of the payment of compensation for deposits, and also the place, time, form and procedure for accepting applications from the depositors of the credit institution JSC Texbank.

The Non-bank Financial Institutions section publishes Bank of Russia Order No. OD-904, dated 20.05.2021, on amending the Appendix to Bank of Russia Order No. OD-1974, dated 30 November 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. 5690-U, dated 11 January 2021, ‘On Amending Bank of Russia Regulation No. 590-P, Dated 28 June 2017, ‘On the Procedure for Credit Institutions to Make Loss Provisions for Loans, Loan and Similar Debts’ (becomes effective 10 days after its official publication except for the provisions for which other effective periods are established; posted on the Bank of Russia website on 13.05.2021);

Bank of Russia Ordinance No. 5691-U, dated 11 January 2021, ‘On the Procedure for a Subject of the Experimental Legal Regime to Consider Complaints Received from Persons Whose Rights and Legitimate Interests Are Violated Due to the Establishment and Implementation of the Experimental Legal Regime in the Field of Digital Innovations in the Financial Market’ (becomes effective 10 days after its official publication; posted on the Bank of Russia website on 14.05.2021);

Bank of Russia Ordinance No. 5749-U, dated 3 March 2021, ‘On the Establishment of Forms of Documents Used in the Treasury’s Guarantees on Bank Obligations Under Public Contracts and the Procedure for Their Filling’ (becomes effective 10 days after its official publication; posted on the Bank of Russia website on 11.05.2021);

Bank of Russia Ordinance No. 5754-U, dated 25 March 2021, ‘On Amending Bank of Russia Ordinance No. 2395-U, Dated 8 February 2010, ‘On the List of Information and Documents Required for the State Registration of a Credit Institution Following Its Liquidation, and on the Procedure of Their Submission to the Bank of Russia’ (becomes effective 10 days after its official publication; posted on the Bank of Russia website on 14.05.2021);

Bank of Russia Ordinance No. 5755-U, dated 25 March 2021, ‘On Amending Clause 1.1 of Bank of Russia Regulation No. 735-P, Dated 6 October 2020, ‘On Maintaining Bank Accounts of Federal Treasury Regional Branches by the Bank of Russia and Credit Institutions (Branches Thereof)’ (becomes effective 10 days after its official publication; posted on the Bank of Russia website on 14.05.2021);

Bank of Russia Ordinance No. 5760-U, dated 30 March 2021, ‘On Amending Bank of Russia Ordinance No. 4926-U, Dated 8 October 2018’ (becomes effective 10 days after its official publication; posted on the Bank of Russia website on 21.05.2021);

Bank of Russia Ordinance No. 5761-U, dated 30 March 2021, ‘On the Procedure for the Bank of Russia to Restrict Certain Operations Conducted by Financial Platform Operators’ (becomes effective 10 days after its official publication; posted on the Bank of Russia website on 21.05.2021);

Bank of Russia Ordinance No. 5764-U, dated 31 March 2021, ‘On Amending Clause 3.2 of Bank of Russia Ordinance No. 4027-U, Dated 30 May 2016, ‘On the List of Mandatory Basic Standards and Requirements for Their Content to be Developed by Financial Market Self-regulatory Organisations Comprising Microfinance Organisations and Consumer Credit Cooperatives, and on the List of Financial Market Operations (Activity Types) to be Standardised Depending on the Activity Types of Financial Institutions’ (becomes effective 10 days after its official publication; posted on the Bank of Russia website on 14.05.2021);

Bank of Russia Ordinance No. 5770-U, dated 5 April 2021, ‘On the List of Official Positions of Employees in the Central Bank of the Russian Federation Authorised to Take Out Loans for Personal Needs at the Bank of Russia Exclusively’ (becomes effective on the day of its official publication; posted on the Bank of Russia website on 20.05.2021);

Bank of Russia Ordinance No. 5771-U, dated 6 April 2021, ‘On Amending Bank of Russia Regulation No. 710-P, Dated 10 January 2020, ‘On Certain Requirements for Financial Sustainability and Solvency of Insurers’ (becomes effective on 1 July 2021; posted on the Bank of Russia website on 24.05.2021);

Bank of Russia Ordinance No. 5773-U, dated 12 April 2021, ‘On Amending Bank of Russia Ordinance No. 5065-U, Dated 31 January 2019, ‘On the Procedure for the Bank of Russia to Apply Measures Envisaged by Article 32.5-1 of the Russian Federation Law ‘On the Organisation of the Insurance Business in the Russian Federation’ to Insurance Agents’ (becomes effective 10 days after its official publication; posted on the Bank of Russia website on 21.05.2021);

Bank of Russia Ordinance No. 5778-U, dated 13 April 2021, ‘On the Methodology for Determining Systemically Important Credit Institutions’ (becomes effective 10 days after its official publication; posted on the Bank of Russia website on 21.05.2021);

Bank of Russia Ordinance No. 5779-U, dated 15 April 2021, ‘On Amending Annex 1 to Bank of Russia Ordinance No. 5384-U, Dated 10 January 2020, ‘On the Marginal (Minimum and Maximum) Insurance Rates Applied in Compulsory Carrier Third Party Liability Insurance for Causing Harm to Passengers’ Life, Health and Property During Transportation, and on the Maximum Amount of Expenditure on Compulsory Carrier Third Party Liability Insurance for Causing Harm to Passengers’ Life, Health and Property During Transportation, and on the Amount of Payments to the Compensation Fund’ (becomes effective 10 days after its official publication; posted on the Bank of Russia website on 24.05.2021).

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

26.05.2021 11.00.00