On release of Bank of Russia Bulletin

Bank of Russia Bulletin No. 5 (1839) of 19 January 2017 has been released.

The section Credit Institutions presents the following materials:

the review of key indicators describing situation in the domestic foreign cash market in November 2016;

No. OD-73, dated 16 January 2017, on the revocation of the banking licence from the Yaroslavl-based credit institution JSC Bulgar Bank;

No. OD-74, dated 16 January 2017, on the appointment of provisional administration to manage the Yaroslavl-based credit institution JSC Bulgar Bank due to the revocation of its banking licence;

information of the state corporation Deposit Insurance Agency for the depositors of JSC Vologdabank, PJSC IntechBank, CB ICB LLC.

The section Non-bank Financial Institutions publishes the DIA’s information on striking off non-governmental pension funds from the register of non-governmental pension funds — participants in the system of guaranteeing insured persons’ rights.

The section contains consolidated data on financial market sectors and information notices by the Bank of Russia.

The Official Documents section contains the following materials:

Bank of Russia Regulation No. 557-P, dated 16 November 2016, ‘On the Rules of Creating Life Insurance Reserves’ (becomes effective from the effective date of the Ministry of Finance Order invalidating Ministry of Finance of the Russian Federation Order No. 32n, dated 9 April 2009, ‘On Approving the Procedure for Creating Life Insurance Reserves’);

Bank of Russia Regulation No. 558-P, dated 16 November 2016, ‘On the Rules of Creating Non-life Insurance Reserves’ (becomes effective from the effective date of the Ministry of Finance Order invalidating Ministry of Finance of the Russian Federation Order No. 51n, dated 11 June 2002, ‘On Approving the Rules of Creating Non-life Insurance Reserves’);

Bank of Russia Ordinance No. 4204-U, dated 17 November 2016, ‘On Amending Bank of Russia Ordinance No. 3081-U, Dated 25 October 2013, ‘On Disclosing Information on Activities by Credit Institutions’ (becomes effective 10 days after the official publication; officially posted on the Bank of Russia website on 13 January 2017).

The section Deposit Insurance Agency publishes Changes to the Procedure for the Placement of the Russian Federation Asset Contribution to the Deposit Insurance Agency Assets to Subordinated Liabilities and Preferred Shares in Banks.

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

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