Bank of Russia Bulletin released

Bank of Russia Bulletin No. 71 (2311) of 20 October 2021 has been released. 

The issue contains information on the Bank of Russia Board of Directors’ decision on maximum fees charged by credit institutions from their customers and Bank of Russia fees for services provided in the faster payments service of the Bank of Russia payment system.

The Credit Institutions section publishes Bank of Russia Order No. OD-2114, dated 18.10.2021, on the termination of activity of the provisional administration of the Moscow-based credit institution LLC NCO Russian Financial Society.

The issue publishes information of the DIA on the start date of payment of compensation on deposits, and also the place, time, form and procedure for accepting applications from the depositors of JSC United Reserve Bank, as well as the notice of the exclusion of OJSC ORYOL SOCIAL BANK from the register of banks participating in the deposit insurance system.

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

The Official Documents section publishes the following materials:

Bank of Russia Regulation No. 768-P, dated 16 August 2021, ‘On Requirements for the Procedure for Creating and Maintaining Information System Databases of Insurers, for Storing Information Contained Therein, and for Providing Access to Such Information to the Bank of Russia’ (becomes effective 10 days after its official publication; posted on the Bank of Russia website on 18.10.2021);

Bank of Russia Regulation No. 769-P, dated 16 August 2021, ‘On the Estimated Amount of Security Deposit of a Foreign Insurance Company’s Branch’ (becomes effective 10 days after its official publication; posted on the Bank of Russia website on 18.10.2021);

Bank of Russia Ordinance No. 5904-U, dated 25 August 2021, ‘On Amending Clauses 4.6 and 4.7. of Bank of Russia Regulation No. 570-P, Dated 26 December 2016, ‘On the Procedure for the Bank of Russia to Carry out Examination of Collateral Accepted by a Credit Institution to Secure a Loan’ (becomes effective 10 days after its official publication; posted on the Bank of Russia website on 08.10.2021);

Bank of Russia Ordinance No. 5912-U, dated 3 September 2021, ‘On Amending Clause 2 of Bank of Russia Ordinance No. 4458-U, Dated 12 July 2017, ‘On the Procedure and Conditions for the Bank of Russia to Hold a Tender to Select an Acquirer (Acquirers) of Banks’ Assets and Liabilities’ (becomes effective 10 days after its official publication; posted on the Bank of Russia website on 18.10.2021);

Bank of Russia Ordinance No. 5913-U, dated 3 September 2021, ‘On Amending Bank of Russia Regulation No. 588-P, Dated 15 June 2017, ‘On the Procedure for Compiling an Interim Liquidation Balance Sheet and a Liquidation Balance Sheet of a Liquidated Credit Institution to Be Approved by the Bank of Russia’ (becomes effective 10 days after its official publication; posted on the Bank of Russia website on 18.10.2021);

Bank of Russia Order No. OD-2105, dated 15 October 2021, on amending Clause 3 of Bank of Russia Order No. OD-1785, dated 23 August 2021;

Bank of Russia Information Letter No. IN-06-59/81, dated 14 October 2021, ‘On Specific Issues Relating to the Execution of a Compulsory Insurance Contract’.

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

20.10.2021 00.00.00