On release of Bank of Russia Bulletin

Bank of Russia Bulletin No. 119 (1715), dated 25 December 2015, has been released.

The issue publishes the information notice on striking off the entry on the closed joint-stock company Interregional Bureau of Credit Histories from the state register of credit history bureaus.

The section Official Documents publishes the following information:

Bank of Russia Regulation No. 503-P, dated 13 November 2015, ‘On the Procedure for Depositories to Open and Manage Depositary and Other Accounts’ (becomes effective 10 days after the official publication in the Bank of Russia Bulletin; depositories are obliged to adjust their activity in compliance with paragraphs 6-8 of Clause 2.2, Clause 2.3, Clauses 3.1–3.4, Clauses 5.1–5.4, Clauses 6.6–6.8, Clause 6.11, Clauses 7.7–7.9, and Clause 7.17 of this Regulation within nine months after it becomes effective);

Bank of Russia Regulation No. 505-P, dated 18 November 2015, ‘Sectoral Standard for Accounting Operations Related to Property Trust Management Agreement by Non-bank Financial Organisations’ (becomes effective from 1 January 2017; shall be applied by microfinance organisations, credit consumer cooperatives and housing saving cooperatives from 1 January 2018, by agricultural credit consumer cooperatives and pawnshops from 1 January 2019);

Bank of Russia Ordinance No. 3795-U, dated 13 September 2015, ‘On the Procedure for the Bank of Russia to Inspect the Activity of Issuers and Participants in Corporate Relations and the Procedure for the Bank of Russia to Apply Other Measures Aimed at Protecting Rights and Lawful Interests of Shareholders and Investors’ (becomes effective 10 days after the official publication in the Bank of Russia Bulletin);

Bank of Russia Ordinance No. 3845-U, dated 9 November 2015, ‘On the Procedure for the Bank of Russia to Monitor Compliance of Bank of Russia Employees and Members of the National Financial Board with Access to Insider Information of the Bank of Russia, with 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 Related Bank of Russia Regulations’ (becomes effective 10 days after the official publication in the Bank of Russia Bulletin);

Bank of Russia Ordinance No. 3863-U, dated 30 November 2015, ‘On Amending Bank of Russia Regulation No. 385-P, Dated 16 July 2012, ‘On Accounting Rules in Credit Institutions Located in the Russian Federation’ (becomes effective from 1 January 2016).

Bank of Russia Ordinance No. 3864-U, dated 30 November 2015, ‘On Amending Bank of Russia Regulation No. 372-P, Dated 4 July 2011, ‘On the Procedure for Accounting Derivatives’ (becomes effective from 1 January 2016).

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

25.12.2015 00.00.00