On the Release of Bank of Russia Bulletin

Bank of Russia Bulletin No. 84 (1562) of 19 September 2014 has been released.

The issue reports on the termination of the activities of the isolated structural divisions of credit institutions on the territory of the Republic of Crimea and the federal city of Sevastopol.

The section Analytical Materials publishes the Review on the State of the Housing Mortgage Market in the First Half of 2014.

The issue includes a review on the state of the domestic foreign currency in July 2014 and information on credit institutions with non-resident shareholding.

The section Credit Institutions covers the following Bank of Russia Orders:

No. OD-2519, dated 16 September 2014, “On the Revocation of a Banking Licence from the Moscow-based Credit Institution OJSC JSB IntrustBank”;

No. OD-2520, dated 16 September 2014, “On the Appointment of Provisional Administration to Manage the Moscow-based Credit Institution OJSC JSB IntrustBank due to the Revocation of its Banking Licence”;

No. OD-2521, dated 16 September 2014, “On the Revocation of a Banking Licence from the Moscow-based Credit Institution OJSC Bank24.ru”;

No. OD-2522, dated 16 September 2014, “On the Appointment of Provisional Administration to Manage the Moscow-based Credit Institution OJSC Bank24.ru due to the Revocation of its Banking Licence”.

Information on compensation payments and acquisition of rights (claims) to deposits of the public joint-stock company Unex Bank and the public joint-stock company Legbank is published.

The section Non-credit Financial Organisations includes a notification regarding the plans of LLC Insurance Company BLAGOSOSTOYANIE OS to transfer an insurance portfolio to ZAO Insurance Company BLAGOSOSTOYANIE.

Bank of Russia Bulletin No. 84 publishes the following official documents:

Bank of Russia Ordinance No. 3369-U, dated 22 August 2014, “On Amending Bank of Russia Ordinance No. 1778-U, Dated 26 December 2006 on Solvency Features and Rules of Exchange of Bank of Russia Banknotes and Coins” (is in effect 10 days after its official publication in the Bank of Russia Bulletin);

Bank of Russia Order No. OD-2536, dated 17 September 2014, “On Amending Annex 1 to Bank of Russia Order No. OD-355, Dated 13 May 2011”;

Bank of Russia Directive No. R-717, dated 15 September 2014, “On Allocation of Duties at the Bank of Russia Regarding Control over and Supervision of the Compliance with Russian Insurance Legislation by Insurance Companies”.

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

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