On release of Bank of Russia Bulletin

Bank of Russia Bulletin No. 38 (1756) of 14 April 2016 has been released.

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

No. OD-1199, dated 11 April 2016, on the revocation of the banking licence from the Moscow-based credit institution JS CB KROSSINVESTBANK OJSC ;

No. OD-1200, dated 11 April 2016, on appointing the provisional administration to the Moscow-based credit institution JS CB KROSSINVESTBANK OJSC due to the revocation of its banking licence;

No. OD-1207, dated 12 April 2016, on appointing the provisional administration to the Moscow-based credit institution CB BFG-Credit (LLC) .

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

No. OD-1141, dated 7 April 2016, on suspending insurance licences of the Insurance Company Belokamennaya LLC;

No. OD-1142, dated 7 April 2016, on the revocation of the insurance licence of the Insurance Company Loyd-Polis LLC;

No. OD-1143, dated 7 April 2016, on suspending insurance licences of the Insurance Company Imperial LLC;

No. OD-1145, dated 7 April 2016, on suspending insurance licences of the Insurance Company Omega LLC;

No. OD-1146, dated 7 April 2016, on suspending insurance licences of the Specialised Insurance Company LLC;

No. OD-1149, dated 7 April 2016, on suspending insurance licences of the Insurance Company Grand LLC;

No. OD-1164, dated 7 April 2016, on amending Clause 2 of Bank of Russia Order No. OD-862, dated 15 March 2016;

No. OD-1201, dated 11 April 2016, on appointing the provisional administration to Insurance Company Grand LLC.

The issue publishes information notices of the Bank of Russia.

The section Official Documents publishes the following materials:

Bank of Russia Ordinance No. 3973-U, dated 9 March 2016 ’On Amending Bank of Russia Ordinance No. 3444-U, Dated 16 November 2014, On the Procedure for Investing Insurance Reserve Funds and the List of Assets Eligible for Investment’ (becomes effective 10 days after its official publication; placed on the Bank of Russia website on 12 April 2016);

Bank of Russia Ordinance No. 3974-U, dated 9 March 2016 ’On Amending Bank of Russia Ordinance

3445-U, Dated 16 November 2014, On the Procedure for Investing Insurer’s Capital and the List of Assets Eligible for Investment’ (becomes effective 10 days after its official publication; placed on the Bank of Russia website on 12 April 2016);

Bank of Russia Ordinance No. 3977-U, dated 9 March 2016, ’On the Requirements to Cost Estimating Procedure for Self-Regulated Organisations to Prove Their Proper Functioning in the Financial Market’ (becomes effective 10 days after its official publication in the Bank of Russia Bulletin; placed on the Bank of Russia website on 7 April 2016);

Bank of Russia information letter No. IN-017-45/19, dated 5 April 2016, ’On Meeting the Requirements of the Russian Regulations’.

Bank of Russia information letter No. IN-017-45/20, dated 5 April 2016, on setting up nominal accounts for budget-financed organisations;

Bank of Russia information letter No. IN-01-41/21, dated 7 April 2016, on criteria of the credit institutions’ high involvement in the dubious cash and non-cash transactions;

Bank of Russia information letter No. IN-015-54/22, dated 8 April 2016, ’On certain aspects of application of Federal Law No. 210-FZ, dated 29 June 2015, On Amending Certain Laws of the Russian Federation and Invalidating Certain Provisions of Laws of the Russian Federation’;

Bank of Russia Letter No. 012-12-4/2597, dated 8 April 2016, ’On Execution of the Resolution of the UN Security Council No. 2262 (2016) concerning Central African Republic’;

Bank of Russia methodological recommendations No. 9-MR, dated 7 April 2016, on developing indicators for Section 1 of the reporting form 0409401 ’Authorised Bank’s Report on Overseas Operations’.

The section Deposit Insurance Agency publishes ’Amendments to the Procedure and Conditions of Investing Property Contribution of the Russian Federation to the Assets of the State Corporation Deposit Insurance Agency into Banks’ Subordinated Liabilities and Preference Shares’.

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

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