On release of Bank of Russia Bulletin

Bank of Russia Bulletin No. 85 (1919) of 4 October 2017 has been released.

The issue presents information on Bank of Russia Board of Directors’ monetary policy meetings in 2018 and on the stage-by-stage replacement of the Bank of Russia’s specialised refinancing instruments by market mechanisms.

The Credit Institutions section publishes information on acquiring the part of claims exceeding 700,000 rubles and making additional compensation payments to depositors using the funds of the fourth asset contribution of the Republic of Crimea.

The Bulletin publishes the following Bank of Russia Orders:

No. OD-2789, dated 28 September 2017, on amending Appendix 1 to Bank of Russia Order No. OD-2324, dated 17 August 2017;

No. OD-2791, dated 28 September 2017, on amending Appendix 1 to Bank of Russia Order No. OD-2551, dated 4 September 2017;

No. OD-2792, dated 28 September 2017, on amending Appendix 1 to Bank of Russia Order No. OD-2140, dated 28 July 2017;

No. OD-2795, dated 29 September 2017, on amending Appendix 1 to Bank of Russia Order No. OD-2724, dated 20 September 2017;

No. OD-2796, dated 29 September 2017, on amending Appendix 1 to Bank of Russia Order No. OD-2723, dated 20 September 2017;

No. OD-2805, dated 2 October 2017, on the revocation of the banking licence from the Moscow-based credit institution PJSC MJSB Tempbank;

No. OD-2806, dated 2 October 2017, on terminating by the state corporation Deposit Insurance Agency the functions of the provisional administration to manage the Moscow-based PJSC MJSB Tempbank;

No. OD-2807, dated 2 October 2017, on appointing the provisional administration to the Moscow-based credit institution PJSC MJSB Tempbank due to the revocation of its banking licence;

No. OD-2808, dated 2 October 2017, on lifting the moratorium on meeting the creditor claims of the Moscow-based credit institution PJSC MJSB Tempbank due to the revocation of its banking licence.

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 Ordinance No. 4419-U, dated 19 June 2017, ‘On the Procedure for the Bank of Russia to Oversee Central Counterparties’ (becomes effective 10 days after its official publication; officially published on the Bank of Russia website on 29 September 2017);

Bank of Russia Ordinance No. 4490-U, dated 14 August 2017, ‘On the Requirements for a Core Standard for the Protection of the Rights and Interests of Individuals and Legal Entities — Recipients of Financial Services Provided by Members of Financial Market Self-regulatory Organisations Comprising Consumer Credit Cooperatives’ (becomes effective 10 days after its official publication; officially published on the Bank of Russia website on 29 September 2017);

Bank of Russia Ordinance No. 4491-U, dated 14 August 2017, ‘On Amending Bank of Russia Ordinance No. 4027-U, Dated 30 May 2016, ‘On the List of Mandatory Core Standards and Their Contents, and the List of Financial Market Operations (Activity Types) to be Standardised Depending on the Activity Types of Financial Institutions, and to be Developed by Financial Market Self-regulatory Organisations Comprising Microfinance Organisations, and Consumer Credit Cooperatives’ (becomes effective 10 days after its official publication; officially published on the Bank of Russia website on 29 September 2017);

Bank of Russia Ordinance No. 4509-U, dated 30 August 2017, ‘On the Procedure for Bank of Russia Employees to Report about Personal Interest in the Performance of Official Duties, Which Leads or May Lead to the Conflict of Interest, and to Take Measures to Preclude Any Possible Conflict of Interest’ (becomes effective 10 days after its official publication; officially published on the Bank of Russia website on 27 September 2017);

Bank of Russia Ordinance No. 4510-U, dated 30 August 2017, ‘On Invalidating Bank of Russia Ordinance No. 3414-U, Dated 7 October 2014, ‘On the Procedure for Bank of Russia Employees to Take Measures to Prevent and Settle Conflicts of Interest’ (becomes effective as of the day of the enforcement of Bank of Russia Ordinance No. 4509-U, dated 30 August 2017; officially published on the Bank of Russia website on 27 September 2017);

Bank of Russia Ordinance No. 4511-U, dated 30 August 2017, ‘On Amending Bank of Russia Ordinance No. 3523-U, Dated 30 December 2014, ‘On the Procedure and Terms for an Insurer to Submit to the Bank of Russia the Insurance Rules, Calculations of Insurance Tariffs and the Applied Methodology of Actuarial Calculations, Structure of Tariff Rates and Provisions on Insurance Reserve Accumulation as Approved for Different Types of Insurance’ (becomes effective 10 days after its official publication; officially published on the Bank of Russia website on 29 September 2017);

Bank of Russia Ordinance No. 4513-U, dated 31 August 2017, ‘On Invalidating Bank of Russia Ordinance No. 1519-U, Dated 26 November 2004, ‘On the Procedure for Credit Institutions to Provide Authorised Bodies with Information on Instances Where They Refuse to Enter into a Bank Account (Deposit) Agreement with a Private Individual or Legal Entity and (or) Conduct Operations with Funds or Other Property’ (becomes effective 10 days after its official publication; officially published on the Bank of Russia website on 27 September 2017);

Bank of Russia Ordinance No. 4514-U, dated 31 August 2017, ‘On Invalidating Bank of Russia Ordinance No. 3041-U, Dated 23 August 2013, ‘On the Procedure for Credit Institutions to Provide Authorised Bodies with Information on Instances Where They Refuse to Enter into a Bank Account (Deposit) Agreement with a Customer, Refuse to Execute a Customer’s Order to Carry Out an Operation and on Instances Where They Terminate a Bank Account (Deposit) Agreement with a Customer on the Initiative of the Credit Institution’ (becomes effective 10 days after its official publication; officially published on the Bank of Russia website on 27 September 2017);

Bank of Russia Ordinance No. 4515-U, dated 31 August 2017, ‘On the Procedure for the Bank of Russia to Disclose Information Contained in Statements of Credit Institutions (Banking Groups)’ (becomes effective 10 days after its official publication; officially published on the Bank of Russia website on 28 September 2017).

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