On release of Bank of Russia Bulletin

Bank of Russia Bulletin No. 16 (1734) of 20 February 2016 has been released.

The issue provides information on the registration and licensing of credit institutions as of 1 February 2016.

The issue presents a register of liquidators accredited with the Bank of Russia as receivers of bankrupt credit institutions as of 17 February 2016.

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

No. OD-538, dated 16 February 2016, on amending Appendix to Bank of Russia Order No. OD-524, dated 15 February 2016;

No. OD-584, dated 17 February 2016, on reducing the authorised capital of the Krasnodar-based PJSC Krayinvestbank to the amount of its equity capital.

The issue publishes information of the state corporation Deposit Insurance Agency for the depositors of CJSC MAB, Millenium Bank CJSC, REGNUM BANK LLC.

Bank of Russia Bulletin No. 16 publishes the following official documents:

Bank of Russia Ordinance No. 3854-U, dated 20 November 2015, ‘On Minimum (Standard) Requirements for Conditions and Procedure to Provide Certain Types of Voluntary Insurance’ (becomes effective 10 days after the official publication in the Bank of Russia Bulletin);

Bank of Russia Ordinance No. 3892-U, dated 11 December 2015, ’ On Amending Bank of Russia Ordinance No. 3572-U, Dated 19 February 2015, On the Procedure for Submitting Inquiries to and Receiving Information from the Central Catalogue of Credit Histories on the Credit History Bureau in Charge of the Credit History of a Credit History Maker via a Credit History Bureau’ (becomes effective 10 days after the official publication in the Bank of Russia Bulletin);

Bank of Russia Ordinance No. 3893-U, dated 11 December 2015, ’ On the Procedure for Submitting Inquiries and Receiving Information from the Central Catalogue of Credit Histories via a Credit Institution’ (becomes effective 10 days after the official publication in the Bank of Russia Bulletin);

Russian Ministry of Finance and Bank of Russia Order No.205n/3908-U, dated 21 December 2015, ‘On Amending Regulation of the Ministry of Finance of the Russian Federation and of the Central Bank of the Russian Federation No. 127n/328‑P, Dated 12 November 2008, ‘On the Procedure for Completing Operations on Federal Budget Accounts, Opened with Divisions of the Bank of Russia and Credit Institutions (Branches) in the Current Fiscal Year’ (becomes effective according to the established procedure);

Bank of Russia Ordinance No. 3916-U, dated 28 December 2015, ’On the Numeric Values and Procedure for Calculating Financial Ratios of Consumer Credit Cooperatives’ (becomes effective from the day the Ministry of Finance of the Russian Federation Order on Invalidating Ministry of Finance of the Russian Federation Order No. 51n, dated 7 May 2013, ’On Approving the Procedure for Calculating Financial Ratios of Consumer Credit Cooperatives’ becomes effective);

Bank of Russia Ordinance No. 3919-U, dated 28 December 2015, ‘On Amending Bank of Russia Regulation No. 406-P, dated 29 August 2013, ‘On the Procedure for Administering Certain Types of Budget Revenues by the Central Bank of the Russian Federation’ (becomes effective 10 days after the official publication in the Bank of Russia Bulletin);

Bank of Russia Ordinance No. 3936-U, dated 18 January 2016, ‘On Amending Bank of Russia Regulation No. 380-P, Dated 31 May 2012, ‘On the Procedure for Overseeing the National Payment System’ (becomes effective 10 days after the official publication in the Bank of Russia Bulletin);

Bank of Russia Ordinance No. 3941-U, dated 19 January 2016, ‘On Amending Appendix 1 to Bank of Russia Ordinance No. 2919-U, Dated 3 December 2012, ‘On the Assessment of the Management Quality of a Credit Institution Acting as a Central Counterparty’ (becomes effective 10 days after its official publication; officially published on the Bank of Russia website on 17 February 2016);

Federal standard of actuarial practice ’Actuarial Valuation of Activities of Insurers. Insurance Reserves under Insurance Contracts Other than Life Insurance’.

Deposit Insurance Agency Section publishes amendments to the procedure and conditions of depositing property contribution of the Russian Federation to the assets of the state corporation Deposit Insurance Agency, subordinated liabilities and preference shares in banks.

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