Bank of Russia Bulletin released

Bank of Russia Bulletin No. 9 (2249) of 17 February 2021 has been released.

The issue highlights the Bank of Russia Board of Directors’ decision to keep the key rate unchanged at 4.25% p.a. and also a decision on inclusion of securities on the Bank of Russia Lombard List.

The Non-bank Financial Institutions section publishes the following Bank of Russia orders:

No. OD-166, dated 09.02.2021, on amending the Appendix to Bank of Russia Order No. OD-1974, dated 30 November 2020;

No. OD-177, dated 10.02.2021, on amending the Appendix to Bank of Russia Order No. OD-1974, dated 30 November 2020;

No. OD-178, dated 10.02.2021, on amending the Appendix to Bank of Russia Order No. OD-2050, dated 10 December 2020;

No. OD-201, dated 12.02.2021, on amending the Appendix to Bank of Russia Order No. OD-2175, dated 25 December 2020.

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. 741-P, dated 30 November 2020, ‘On the Procedure for a Customs Authority to Submit Electronic Documents to a Bank; for the Bank to Submit to the Customs Authority Information on the Balances of Funds (Precious Metals) in a Payee’s (a Jointly and Severally Liable Person’s) Accounts with the Bank, Information on the Balances of Electronic Funds; and Also on Setting Dates When the Bank is to Receive Decisions from the Customs Authority’ (becomes effective on 1 October 2021; posted on the Bank of Russia website on 11.02.2021);

Bank of Russia Ordinance No. 5627-U, dated 19 November 2020, ‘On Maintaining the State Register of Microfinance Organisations by the Bank of Russia’ (becomes effective on the day of its official publication; posted on the Bank of Russia website on 05.02.2021);

Bank of Russia Ordinance No. 5662-U, dated 15 December 2020, ‘On the Form and Procedure for Financial Platform Operators to Inform the Bank of Russia of All Operations and (or) Attempted Operations to Perform Financial Platform-based Deals without Instructions of Financial Platform Participants; and for Financial Platform Operators and Financial Institutions to Receive from the Bank of Russia Database Information on Operations and Attempted Operations to Perform Financial Platform-based Deals without Instructions of Financial Platform Participants; and Also on the Procedure for Financial Platform Operators to Implement Measures Aimed at Detecting Financial Platform-based Deals Conducted without Instructions of Financial Platform Participants and at Preventing Such Deals’ (becomes effective 10 days after its official publication except for the provisions for which other effective periods are established; posted on the Bank of Russia website on 05.02.2021);

Bank of Russia Ordinance No. 5664-U, dated 16 December 2020, ‘On the Procedure for the Bank of Russia to Strike Off an Operator of the Information System Issuing Digital Financial Assets from the Register of Operators of Information Systems Issuing Digital Financial Assets’ (becomes effective on the day of its official publication, but no earlier than 1 January 2021; posted on the Bank of Russia website on 05.02.2021);

Bank of Russia Ordinance No. 5665-U, dated 16 December 2020, ‘On the Procedure for the Bank of Russia to Strike Off a Digital Financial Asset Exchange Operator from the Register of Digital Financial Asset Exchange Operators’ (becomes effective on the day of its official publication, but no earlier than 1 January 2021; posted on the Bank of Russia website on 05.02.2021);

Bank of Russia Ordinance No. 5673-U, dated 23 December 2020, ‘On the Requirements for the Operational Reliability When Performing Financial Platform-based Financial Deals’ (becomes effective on 1 October 2021; posted on the Bank of Russia website on 12.02.2021);

Bank of Russia Ordinance No. 5674-U, dated 23 December 2020, ‘On the Procedure for the Bank of Russia to Send Requests Stipulated by Parts 7 and 8 of Article 72.1 of the Federal Law ‘On the Central Bank of the Russian Federation (Bank of Russia)’, the Procedure for the Bank of Russia to Notify of a Decision on Removing the Increased Risk Parameters and the Procedure for the Bank of Russia to Revoke a Permission to Apply Banking Risk Management Methodologies and Quantitative Risk Assessment Models’ (becomes effective 10 days after its official publication; posted on the Bank of Russia website on 11.02.2021);

Bank of Russia Ordinance No. 5729-U, dated 8 February 2021, ‘On the Non-application of Order of the Inspectorate of Non-governmental Pension Funds at the Ministry of Labour and Social Development of the Russian Federation No. 151, Dated 4 December 2002, ‘On the Requirements for the Information Materials of Non-governmental Pension Funds’ (becomes effective 10 days after its official publication; posted on the Bank of Russia website on 10.02.2021);

Order of Minfin of Russia, Bank of Russia, Rosstat and Ministry of Economic Development of Russia No. 16/5714-U/18/15, dated 21 January 2021, ‘On Invalidating in the Russian Federation the Instruction of the Ministry of Finance of the USSR, State Bank of the USSR, and Central Statistical Department of the Council of Ministers of the USSR No. 125/82/13/-03, Dated 15 June 1973, ‘On the Composition of Expenses on Business Trips, their Accounting, and the Control Procedure over the Proper Use of Funds Allocated for These Purposes’;

Bank of Russia Information Letter No. IN-06-59/9, dated 9 February 2021, ‘On Granting Grace Period for Agreements on Foreign Currency-Denominated Loans’;

Bank of Russia Methodological Recommendations No. 1-MR, dated 12 February 2021, ‘On Increasing Credit Institutions’ Focus on Certain Transactions Performed on the Basis of Enforcement Documents’.

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17.02.2021 11.00.00