Bank of Russia Bulletin released

Bank of Russia Bulletin No. 21 (2261) of 7 April 2021 has been released.

The issue publishes information on recognising the Payment System of JSC Rosselkhozbank as nationally important, on recognising Western Union Payment System as socially important, and on de-recognising KoronaPay Payment System as socially important.

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

No. OD-500, dated 30.03.2021, on the termination of activity of the provisional administration to manage the Moscow-based credit institution Commercial Bank FinTech (LLC);

No. OD-510, dated 31.03.2021, on amending the Appendix to Bank of Russia Order No. OD-425, dated 19 March 2021;

No. OD-518, dated 01.04.2021, on amending the Appendix to Bank of Russia Order No. OD-475, dated 26 March 2021;

No. OD-534, dated 02.04.2021, on the revocation of the banking licence of the Moscow-based credit institution CB Geobank LLC;

No. OD-535, dated 02.04.2021, on appointing the provisional administration to the Moscow-based credit institution CB Geobank LLC due to the revocation of its banking licence;

No. OD-536, dated 02.04.2021, on the revocation of the banking licence of the Maykop-based credit institution JSC MAYKOPBANK;

No. OD-537, dated 02.04.2021, on appointing the provisional administration to the Maykop-based credit institution JSC MAYKOPBANK due to the revocation of its banking licence;

No. OD-538, dated 02.04.2021, on the revocation of the banking licence of the Moscow-based credit institution Credit Company RIB;

No. OD-539, dated 02.04.2021, on appointing the provisional administration to the Moscow-based credit institution Credit Company RIB due to the revocation of its banking licence;

No. OD-543, dated 02.04.2021, on amending the Appendix to Bank of Russia Order No. OD-360, dated 12 March 2021;

No. OD-560, dated 05.04.2021, on amending the Appendix to Bank of Russia Order No. OD-360, dated 12 March 2021.

The issue publishes information of the state corporation Deposit Insurance Agency on the start date of the payment of compensations for deposits, and also the place, time, form and procedure for accepting applications from the depositors of bank Megapolice, Ltd.

The Non-bank Financial Institutions section publishes Bank of Russia Order No. OD-552, dated 05.04.2021, on the revocation of the insurance licence of LLC Medical Insurance Company RESO-Med.

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

The Official Documents section publishes the following materials:

Bank of Russia Ordinance No. 5736-U, dated 17 February 2021, ‘On Amending Bank of Russia Ordinance No. 4927-U, Dated 8 October 2018, ‘On the List, Forms and Procedure for Compiling and Submitting Credit Institutions’ Reporting Forms to the Central Bank of the Russian Federation’ (becomes effective on 31 March 2021, except certain provisions with other effective dates; posted on the Bank of Russia website on 31.03.2021);

Bank of Russia Information Letter No. IN-06‑52/17, dated 26 March 2021, ‘On the Repayment of Funds Recorded in IIAs in Foreign Currency, and on Accounts That May Be Used for Crediting Yield on Securities Recorded in Internal Accounting by Professional Securities Market Participants’;

Bank of Russia Information Letter IN-06-59/19, dated 30 March 2021, ‘On Restructuring Retail and SME Loans’;

Bank of Russia Standard STO BR NPS-10.0-2021 ‘Financial Messages within the NPS. Non-standard Situations and Investigations Associated with Funds Transfers. Scheme Album’.

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

07.04.2021 11.00.00