Bank of Russia Bulletin released

Bank of Russia Bulletin No. 10 (2062) of 13 February 2019 has been released.

The issue highlights Bank of Russia decision to keep the key rate unchanged at 7.75% p.a. and also information on the inclusion of securities in the Bank of Russia Lombard List.

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

No. OD-227, dated 04.02.2019, on amending the Appendix to Bank of Russia Order No. OD-2901, dated 7 November 2018;

Order No. OD-228, dated 04.02.2019, on the termination of activities of the provisional administration of the Moscow-based credit institution UM-Bank LLC.

The issue publishes information notice of the DIA for the depositors of LLC CB Evrokapital-Alliance.

The Non-bank Financial Institutions section publishes Bank of Russia Order No. OD-248, dated 06.02.2019, on amending the Appendix to Bank of Russia Order No. OD-2772, dated 24 October 2018.

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 Instruction No. 195-I, dated 18 December 2018, ‘On the Procedure for the Bank of Russia to Organise and Conduct a Control Exercise in Respect of Credit Institutions and Non-bank Financial Institutions, and the Procedure for Sending a Copy of the Statement of Control Exercise to a Credit Institution or a Non-bank Financial Institution, in Respect of Which the Control Exercise was Conducted’ (becomes effective 10 days after its official publication; posted on the Bank of Russia website on 06.02.2019);

Bank of Russia Ordinance No. 4914-U, dated 19 September 2018, ‘On the Forms of Applications and List of Documents to Receive Insurance Benefits (Part Thereof) under the Carrier’s Contract on Compulsory Third Party Liability Insurance for Inflicting Damage to the Life, Health or Property of Passengers’ (becomes effective 10 days after its official publication; posted on the Bank of Russia website on 11.02.2019);

Bank of Russia Ordinance No. 4956-U, dated 2 November 2018, ‘On the Requirements for Investment Advisers’ (becomes effective 10 days after its official publication; posted on the Bank of Russia website on 08.02.2019);

Bank of Russia Ordinance No. 4990-U, dated 28 November 2018, ‘On the Procedure for Compiling the Register of Bank Liabilities to Depositors and its Form’ (becomes effective 10 days after its official publication; posted on the Bank of Russia website on 07.02.2019);

Bank of Russia Ordinance No. 4992-U, dated 28 November 2018, ‘On the Procedure for the State Corporation Deposit Insurance Agency to Inform Banks Participating in the Deposit Insurance System of Setting Additional or Higher Additional Rates for Insurance Premiums via Bank of Russia Information Resources’ (becomes effective 10 days after its official publication; posted on the Bank of Russia website on 06.02.2019);

Bank of Russia Ordinance No. 5013-U, dated 17 December 2018, ‘On Amending Bank of Russia Regulation No. 481-P, Dated 27 July 2015, ‘On Licensing Requirements for and Conditions of Professional Activity in the Securities Market, Restrictions on Holding Together Certain Types of Professional Activity in the Securities Market, and on the Procedure and Timeframes for Submitting to the Bank of Russia Reports on Terminating Obligations Related to Professional Activity in the Securities Market in Case of Cancellation of a Professional Securities Market Participant Licence’ (becomes effective 10 days after the official publication except for certain clauses of the Ordinance for which other effective periods are established; posted on the Bank of Russia website on 06.02.2019);

Bank of Russia Ordinance No. 5031-U, dated 20 December 2018, ‘On the Requirements for a Business Plan of an Applicant for Insurance or Reinsurance Licence’ (becomes effective 10 days after its official publication; posted on the Bank of Russia website on 05.02.2019);

Bank of Russia Ordinance No. 5035-U, dated 24 December 2018, ‘On Amending Bank of Russia Instruction No. 153-I, Dated 30 May 2014, ‘On Opening and Closing Bank Accounts and Deposit Accounts’ (becomes effective 10 days after its official publication; posted on the Bank of Russia website on 04.02.2019);

Bank of Russia Ordinance No. 5037-U, dated 25 December 2018, ‘On Invalidating Certain Bank of Russia Regulations on the Acceptance and Execution by Credit Institutions and Bank of Russia Settlement Network Divisions of Documents Submitted by Claimants’ (becomes effective 10 days after its official publication; posted on the Bank of Russia website on 04.02.2019);

Bank of Russia Ordinance No. 5053-U, dated 10 January 2019, ‘On Amending Bank of Russia Ordinance No. 3435-U, Dated 6 November 2014, ‘On Additional Requirements for the Qualifications of Responsible Actuaries and the Procedure for Certifying Responsible Actuaries’ (becomes effective 10 days after its official publication; posted on the Bank of Russia website on 04.02.2019);

Bank of Russia Ordinance No. 5054-U , dated 10 January 2019, ‘On Amending Clauses 1.1 and 1.3 of 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 on the date of its official publication; posted on the Bank of Russia website on 06.02.2019);

Bank of Russia Information Letter No. IN-016-41/10, dated 31 January 2019, ‘On the Specifics of Application of Bank of Russia Regulations’;

Bank of Russia Information Letter No. IN-06-28/11, dated 1 February 2019, ‘On the Issuance of Shares (Units) to Shareholders when Restructuring Joint-stock Companies in the Form of Transformation’;

Bank of Russia Information Letter No. IN-06-52/12, dated 1 February 2019, ‘On Credit Rating Agency Methodology’;

Bank of Russia Information Letter No. IN-016-41/13, dated 5 February 2019, ‘On Submitting Financial Statements by Banks with a Basic Licence’;

Bank of Russia Information Letter No. IN-016-41/14, dated 6 February 2019, ‘On the Specifics of Application of Bank of Russia Regulations’.

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