On release of Bank of Russia Bulletin

Bank of Russia Bulletin No. 119-120 (1953-1954) of 29 December 2017 has been released.

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

No. OD-3636, dated 25.12.2017, on amending Appendix to Bank of Russia Order No. OD-3389, dated 4 December 2017;

No. OD-3638, dated 25.12.2017, on the termination of activity of provisional administration to manage the Moscow-based credit institution JSCB SVA (JSC);

No. OD-3724, dated 28.12.2017, on amending Appendix to Bank of Russia Order No. OD-3491, dated 13 December 2017;

No. OD-3746, dated 28.12.2017, on the termination of activity of provisional administration to manage the Moscow-based credit institution CB Anelik RU LLC;

No. OD-3754, dated 29.12.2017, on the revocation of the banking licence from the Vologda-based credit institution JSC CB Northern Credit;

No. OD-3755, dated 29.12.2017, on appointing the provisional administration to the Vologda-based credit institution JSC CB Northern Credit due to the revocation of its banking licence.

The Bulletin presents information of the state corporation Deposit Insurance Agency for depositors of PJSC Bank VVB and CB Kansky LLC.

The Non-Bank Financial Institutions section publishes the Report on the Annual Monitoring of Insurance Rates Used in Compulsory Third-party Liability Insurance of Carriers for Causing Harm to Life, Health, and the Property of Passengers, on the Rates Feasibility and the Influence of this Type of Insurance on the Development of Businesses in the Transport Sector in 2013-2016.

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 Regulation No. 618-P, dated 29 November 2017, ‘On the Procedure for Administering Certain Types of Budget Revenues by the Central Bank of the Russian Federation’ (becomes effective 10 days after the official publication; posted on the Bank of Russia website on 22.12.2017);

Bank of Russia Ordinance No. 4501-U, dated 21 August 2017, ‘On the Requirements for Professional Securities Market Participants to Organise a System to Manage Risks Related to Their Professional Activity in the Securities Market and Operations with Their Own Property Depending on the Type of Activity and the Nature of Operations Performed’ (becomes effective six months after the official publication; posted on the Bank of Russia website on 27.12.2017);

Bank of Russia Ordinance No. 4555-U, dated 2 October 2017, ‘On Amending Bank of Russia Regulation No. 579-P, Dated 27 February 2017, ‘On the Chart of Accounts at Credit Institutions and the Procedure for Using It’ (becomes effective from the date of its official publication except for the provisions for which other effective periods are established; posted on the Bank of Russia website on 19.12.2017);

Bank of Russia Ordinance No. 4615-U, dated 22 November 2017, ’On Invalidating Bank of Russia Ordinance No. 3466-U, Dated 2 December 2014, ‘On the Procedure for Establishing the Grounds Stipulated by Clauses 5 and 6 of Part 2 of Article 20 of the Federal Law ‘On Banks and Banking Activities’ for a Bank to Have Its Banking Licence Revoked’ (becomes effective 10 days after the official publication; posted on the Bank of Russia website on 27.12.2017);

Bank of Russia Ordinance No. 4616-U, dated 22 November 2017, ‘On Amending Bank of Russia Ordinance No. 2652-U, Dated 24 June 2011, ‘On the Procedure for Submitting and Examining an Application from a Credit Institution Requesting for its Banking Licence to be Cancelled due to its Going out of Business, through Liquidation, Based on the Decision of its Founders (Members)’ (becomes effective 10 days after the official publication; posted on the Bank of Russia website on 27.12.2017);

Bank of Russia Information Letter No. IN-18-18/61, dated 27 December 2017, on application by microcredit companies registered as state (municipal) autonomous organisations of Bank of Russia regulations governing the procedure for accounting and compiling accounting (financial) statements for non-bank financial institutions;

Bank of Russia Information Letter No. IN-18-27/62, dated 27 December 2017, on the return of deposits placed with field institutions of the USSR State Bank or field institutions of the Bank of Russia;

Bank of Russia Information Letter No. IN-01-19/63, dated 27 December 2017, on the conditions for holding trades in the domestic financial market in the Russian Federation in late 2017 and on 3 to 5 January 2018;

Bank of Russia Information Letter No. IN-04-45/65, dated 28 December 2017, on the date of resuming transfer of fund balances by Bank of Russia divisions in 2018.

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

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