Bank of Russia Bulletin released

Bank of Russia Bulletin No. 80 (2320) of 24 November 2021 has been released.

The issue presents information on required reserves averaging periods for 2022 and periods of required reserves regulation to be recalculated in 2022.

The Credit Institutions section publishes Bank of Russia Order No. OD-2300, dated 22 November 2021, on the termination of activity of the provisional administration of the Saransk-based credit institution JSC KS Bank.

The Non-bank Financial Institutions section publishes Bank of Russia Order No. OD-2276, dated 17 November 2021, on the revocation of the licence to perform mediation activity as an insurance broker from of the Limited Liability Company Insurance Broker SIMAZ-BK.

The Bulletin presents consolidated data on financial market sectors and information notices.

The Official Documents section publishes the following materials:

Bank of Russia Ordinance No. 5951-U, dated 29 September 2021, ‘On the Procedure for the Bank of Russia to Admit Foreign Securities to Placing and (or) Public Trading in the Russian Federation and to Register Prospectuses of Foreign Securities’ (becomes effective 10 days after its official publication; posted on the Bank of Russia website on 17.11.2021);

Bank of Russia Ordinance No. 5952-U, dated 29 September 2021, ‘On Amending Bank of Russia Ordinance No. 4465-U, Dated 12 July 2017’ (becomes effective 10 days after its official publication; posted on the Bank of Russia website on 16.11.2021);

Bank of Russia Ordinance No. 5956-U, dated 30 September 2021, ‘On Amending Bank of Russia Regulation No. 708‑P, Dated 24 December 2019’ (becomes effective 10 days after its official publication; posted on the Bank of Russia website on 17.11.2021);

Bank of Russia Ordinance No. 5960-U, dated 4 October 2021, ‘On Amending Bank of Russia Regulation No. 727-P, Dated 29 June 2020’ (becomes effective on 1 January 2023; posted on the Bank of Russia website on 17.11.2021);

Bank of Russia Ordinance No. 5965-U, dated 5 October 2021, ‘On Amending Certain Bank of Russia Regulations on Requirements for the Identification by Credit Institutions and Non-bank Financial Institutions of Clients, Clients’ Representatives, Beneficiaries, Beneficiary Owners for the Purposes of Countering the Legalisation (Laundering) of Criminally Obtained Incomes and the Financing of Terrorism’ (becomes effective 10 days after its official publication; posted on the Bank of Russia website on 17.11.2021).

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