Bank of Russia Bulletin released

Bank of Russia Bulletin No. 1 (2053) of 11 January 2019 has been released.

The Credit Institutions section lists credit institutions complying with the requirements set forth by Russian Government resolutions as of 1 December 2018.

The issue publishes information of the DIA for the depositors of PJSC Donkhlebbank.

There is also information on acquiring the part of claims exceeding 700,000 rubles and making additional compensation payments to depositors using the funds of the thirteenth asset contribution of the Republic of Crimea.

The Official Documents section publishes the following materials:

Bank of Russia Ordinance No. 4944-U, dated 25 October 2018, ‘On Amending Bank of Russia Regulation No. 503-P, Dated 13 November 2015, ‘On the Procedure for Depositories to Open and Manage Depo and Other Accounts’ (becomes effective 10 days after its official publication; posted on the Bank of Russia website on 28.12.2018);

Bank of Russia Ordinance No. 4974-U, dated 27 November 2018, ‘On the Form of Insurance Licence and Procedure for its Sending to Insurance Agent’ (becomes effective 10 days after its official publication; posted on the Bank of Russia website on 28.12.2018);

Bank of Russia Ordinance No. 4996-U, dated 29 November 2018, ‘On Amending Bank of Russia Regulation No. 580-P, Dated 1 March 2017, ‘On Additional Restrictions on Investing Pension Savings Placed with Non-governmental Pension Funds Providing Mandatory Pension Insurance; on Cases When a Management Company Acting as a Trustee of Pension Savings Is Entitled to Execute Repo Agreements; on Requirements Aimed at Risk Mitigation the Observance Whereof Entitles the Management Company to Execute Derivative Contracts; on Additional Requirements for Credit Institutions Which Servicemen Pension and Housing Savings are Placed with; and on the Additional Requirement for the Management Company to Finance Funded Pension under Pension Savings Trust Management Agreement’ (becomes effective 10 days after its official publication, excluding certain clauses of the document which have other effective dates; posted on the Bank of Russia website on 28.12.2018);

Bank of Russia Ordinance No. 5000-U, dated 4 December 2018, ‘On Limiting Basic Insurance Tariffs (Their Minimum and Maximum Values in Rubles) and Insurance Tariff Ratios, on the Requirements for Insurance Tariff Structure, and on the Procedure for Insurers to Use Them for Calculating Insurance Premium under the Contract of Compulsory Third Party Liability Insurance of Vehicle Owners’ (becomes effective 10 days after its official publication, excluding certain clauses of the document which have other effective dates; posted on the Bank of Russia website on 29.12.2018);

Bank of Russia Order No. OD-14, dated 9 January 2019, ‘On Striking the Togliatti-based Closed Joint-stock Company National Credit Cards or CJSC NCC off the Register of Payment System Operators’;

Federal Antimonopoly Service and Bank of Russia Information Letter No. IA/108764/18 / IN-01-52/82, dated 29 December 2018, ‘On Inadmissibility of Unfair Competition in the Deposit Market’;

Ministry of Finance, Federal Treasury and Bank of Russia Letter No. 03‑04‑09/93886 / 07-04-05/05-27969 / 01-45-7/10345, dated 24 December 2018, ‘On the Non-application of the Joint Letter of the Ministry of Finance, Federal Treasury and Bank of Russia’.

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