Bank of Russia Bulletin released
Bank of Russia Bulletin No. 52 (2292) of 28 July 2021 has been released.
The Bulletin publishes information on the Bank of Russia’s decision to increase the key rate by 100 bp to 6.50% p.a. and to set credit rating levels for investing pension savings and pension reserves in the assets of central counterparties.
The Cash Circulation section publishes information on counterfeit money detected in the Russian banking system in 2021 Q2 and the structure of cash in circulation as of 1 July 2021.
The Credit Institutions section presents a review of key indicators of the domestic foreign cash market in May 2021.
The Bulletin publishes the following Bank of Russia orders:
No. OD-1526, dated 22.07.2021, on amending Appendix 1 to Bank of Russia Order No. OD-1113, dated 9 June 2021;
No. OD-1531, dated 23.07.2021, on the revocation of the banking licence and on cancelling the licence of professional securities market participant of the Moscow-based credit institution JSC RUNA-BANK;
No. OD-1532, dated 23.07.2021, on appointing the provisional administration to the Moscow-based credit institution JSC RUNA-BANK due to the revocation of its banking licence;
No. OD-1533, dated 23.07.2021, on the revocation of the banking licence of the Moscow-based credit institution LLC NCO Russian Financial Society;
No. OD-1534, dated 23.07.2021, on appointing the provisional administration to the Moscow-based credit institution LLC NCO Russian Financial Society due to the revocation of its banking licence;
No. OD-1541, dated 23.07.2021, on the termination of activity of the provisional administration to manage the Kazan-based credit institution SNBCO JSC Narat;
No. OD-1567, dated 27.07.2021, on the termination of activity of the provisional administration to manage the Ufa-based credit institution ROSCOMSNABBANK (PJSC).
The issue contains notices on the exclusion of International Financial Technologies Bank (Open Joint-stock Company) and CB North-West 1 Alliance JSC from the register of banks participating in the compulsory deposit insurance system.
The Non-bank Financial Institutions section publishes the following Bank of Russia orders:
No. OD-1527, dated 22.07.2021, on resuming the validity of the insurance licences of International Insurance Company IIC, Limited Liability Company;
No. OD-1540, dated 23.07.2021, on the termination of activity of the provisional administration to manage National Insurance Group ROSENERGO, Limited Liability Company;
No. OD-1551, dated 26.07.2021, on the revocation of the insurance licences of Insurance Company VERNA, Limited Liability Company.
The issue 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 Regulation No.
Bank of Russia Ordinance No.
Bank of Russia Ordinance No.
Bank of Russia Order No. OD-1488, dated 15.07.2021, ‘On the Enactment of the Bank of Russia Payment System Management Policy and on the Invalidation of Bank of Russia Order No. 2161, Dated 31 July 2017’;
Bank of Russia Information Letter No. IN-06-59/52, dated 19.07.2021, ‘On Certain Types of Financial Instruments’;
Bank of Russia Information Letter No. IN-06-59/53, dated 20.07.2021, ‘On the Unacceptability of Unfair practices in the Financial Market’;
Bank of Russia Information Letter No. IN-06-59/54, dated 20.07.2021, ‘On the Interaction with Depositors Upon the Maturity of Bank Deposits’;
Bank of Russia Information Letter No. IN-06-59/55, dated 23.07.2021, ‘On the Conclusion of Comprehensive Bank Service Agreements Containing a Provision on the Simultaneous Conclusion of a Brokerage Agreement and a Depositary Agreement’.
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28.07.2021 11.00.00