On release of Bank of Russia Bulletin

Bank of Russia Bulletin No. 109 (1827) of 14 December 2016 has been released.

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

No. OD-4375, dated 7 December 2016, on amending Appendix to Bank of Russia Order No. OD-3415, dated 5 October 2016;

No. OD-4396, dated 9 December 2016, on the revocation of the banking licence from the Moscow-based credit institution CB VEGA-BANK LLC;

No. OD-4397, dated 9 December 2016, on the appointment of provisional administration to manage the Moscow-based credit institution CB VEGA-BANK LLC due to the revocation of its banking licence;

No. OD-4398, dated 9 December 2016, on the revocation of the banking licence from the Moscow-based credit institution PJSC M2M Private Bank;

No. OD-4399, dated 9 December 2016, on the appointment of provisional administration to manage the Moscow-based credit institution PJSC M2M Private Bank due to the revocation of its banking licence;

No. OD-4400, dated 9 December 2016, on the revocation of the banking licence from the Moscow-based credit institution CB Mezhdunarodny Bank Razvitiya JSC;

No. OD-4401, dated 9 December 2016, on the appointment of provisional administration to manage the Moscow-based credit institution CB Mezhdunarodny Bank Razvitiya JSC due to the revocation of its banking licence;

No. OD-4402, dated 9 December 2016, on the revocation of the banking licence from the Moscow-based credit institution PJSC JSCB RFA;

No. OD-4403, dated 9 December 2016, on the appointment of provisional administration to manage the Moscow-based credit institution PJSC JSCB RFA due to the revocation of its banking licence.

The Bulletin presents information of the state corporation Deposit Insurance Agency for depositors of CB Express-Credit JSC, CB Metropol LLC, JSCB NZBank OJSC, ICB OLMA-Bank LLC.

The issue provides summary data on financial market sectors and information notices of the Bank of Russia.

The Official Documents section publishes the following documents:

Bank of Russia Instruction No. 175-I, dated 14 November 2016, ‘On Banking Operations of Non-bank Credit Institutions, Central Counterparties, on the Required Ratios of Non-bank Credit Institutions, Central Counterparties, and the Specifics of Exercising Supervision over Their Compliance by the Bank of Russia’ (becomes effective 10 days after the official publication; officially published on the Bank of Russia website on 9 December 2016);

Bank of Russia Regulation No. 556-P, dated 11 November 2016, ‘On the Procedure for Conducting Operational Audit by Central Counterparty’ (becomes effective 10 days after the official publication);

Bank of Russia Ordinance No. 4094-U, dated 1 August 2016, ‘On the Procedure for Transferring Pension Savings to Finance Funded Pension from One Non-governmental Pension Fund to Another or to the Pension Fund of the Russian Federation, the Procedure for Notifying Insured Persons of the Grounds for Transferring Pension Savings and Explaining to Insured Persons Their Rights Related to the Grounds for Transferring Pension Savings’ (becomes effective 10 days after the official publication; officially published on the Bank of Russia website on 7 December 2016);

Bank of Russia Ordinance No. 4120-U, dated 30 August 2016, ‘On the Procedure for Keeping Records of Bank Liabilities to Depositors and Bank Counterclaims to Depositors, the Form of Register of Bank Liabilities to Depositors and the Procedure for Compiling Register of Bank Liabilities to Depositors’ (becomes effective 10 days after the official publication; officially published on the Bank of Russia website on 9 December 2016);

Bank of Russia Ordinance No. 4121-U, dated 30 August 2016, ‘On Invalidating Bank of Russia Ordinance No. 1417-U, Dated 1 April 2004, ‘On the Form of Register of Bank Liabilities to Depositors’ and Bank of Russia Ordinance No. 1927-U, Dated 26 November 2007 ‘On Amending Bank of Russia Ordinance No. 1417-U, Dated 1 April 2004 ‘On the Form of Register of Bank Liabilities to Depositors’ (becomes effective 180 days after the official publication; officially published on the Bank of Russia website on 9 December 2016);

Bank of Russia Ordinance No. 4162-U, dated 17 October 2016, ‘On the Grounds for Refusal in Approval by the Bank of Russia Banking Supervision Committee of a Proposal of the State Corporation Deposit Insurance Agency Acting as a Receiver of a Credit Institution to Transfer Property (Assets) and Liabilities of the Credit Institution to the Acquirer (Acquirers) and in Approval of the Acquirer (Acquirers) of Property (Assets) of the Credit Institution’ (becomes effective 10 days after the official publication);

Bank of Russia Ordinance No. 4184-U, dated 10 November 2016, ‘On the Procedure for the Bank of Russia to Maintain the State Register of Consumer Credit Cooperatives, the State Register of Agricultural Consumer Credit Cooperatives, on Establishing the Form, Timeframe and Procedure for Self-regulatory Organisations in the Financial Market Comprising Consumer Credit Cooperatives (Agricultural Consumer Credit Cooperatives) to Submit Information on Their Members, Credit Cooperatives, Whose Number (Total Number of Members and Associated Members) Exceeded Three Thousands of Individuals and (or) Legal Entities’ (becomes effective 10 days after the official publication; officially published on the Bank of Russia website on 8 December 2016);

Bank of Russia Ordinance No. 4187-U, dated 11 November 2016, ‘On Amending Bank of Russia Ordinance No. 2005-U, Dated 30 April 2008, ‘On Assessing Banks’ Economic Situation’ (becomes effective 10 days after the official publication; officially published on the Bank of Russia website on 5 December 2016);

Bank of Russia Ordinance No. 4194-U, dated 14 November 2016, ‘On Amending Bank of Russia Regulation No. 254-P, Dated 26 March 2004, ‘On the Procedure for Making Loss Provisions by Credit Institutions for Loans, Loan and Similar Debts’ (becomes effective 10 days after the official publication; officially published on the Bank of Russia website on 9 December 2016);

Bank of Russia Ordinance No. 4227-U, dated 5 December 2016, ‘On Non-application of Instruction of the Federal Securities Market Commission No. 982-R, Dated 17 September 1998, ‘On Cooperation between the FSMC of Russia and Self-regulatory Organisations when Inspecting the Activity of Professional Securities Market Participants’ (becomes effective 10 days after the official publication; officially published on the Bank of Russia website on 7 December 2016);

Bank of Russia Order No. OD-4473, dated 9 December 2016, ‘On Cancelling Bank of Russia Order No. OD-251, Dated 23 March 2009’;

Bank of Russia Order No. OD-4474, dated 9 December 2016, ‘On Amending Clause 1⁵ of Bank of Russia Order No. OD-101, Dated 14 February 2008’;

Bank of Russia Information Letter No. IN-01-18/86, dated 6 December 2016, on the Transfer to a New Chart of Accounts and Sectoral Accounting Standards from 1 January 2017.

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

14.12.2016 00.00.00