On the release of Bank of Russia Bulletin No. 42 (1520)

Bank of Russia Bulletin No. 42 (1520) of 30 April 2014 has been released.

The issue presents information on the Bank of Russia Board of Directors’ decision to raise the key rate to 7.5% p.a.

The Bank of Russia Bulletin provides information on the registration and licensing of credit institutions as of 1 April 2014, as well as information on the registration and licensing of credit institutions in the first quarter of 2014. There are data on the cash foreign exchange flow on the territory of the Russian Federation via the authorised banks in January 2014.

The Bulletin highlights the following Bank of Russia Orders:

No. OD-775, dated 22 April 2014, on updating provisional administration personnel of the Moscow-based credit institution CJSC S Bank;

No. OD-776, dated 22 April 2014, on updating provisional administration personnel of the Moscow-based credit institution OJSC Bank Zapadny;

No. OD-803, dated 24 April 2014, on the revocation of banking licence from the Moscow-based credit institution LLC CB MC Bank;

No. OD-804, dated 24 April 2014, on the appointment of provisional administration to the Moscow-based credit institution LLC CB MC Bank due to the revocation of its banking licence;

No. OD-805, dated 24 April 2014, on the revocation of banking licence from the Moscow-based credit institution OJSC NBB;

No. OD-806, dated 24 April 2014, on the appointment of provisional administration to the Moscow-based credit institution OJSC NBB due to the revocation of its banking licence;

No. OD-807, dated 24 April 2014, on updating provisional administration personnel of the Moscow-based credit institution LLC CB Monolit.

The issue provides weekly general data on financial market sectors, as well as information notices of the Bank of Russia.

Bank of Russia Bulletin No. 42 publishes the following official documents:

Bank of Russia Ordinance No. 3209-U, dated 6 March 2014, ‘On the Requirements to the Terms of Acceptance of Applications to Acquire and Repay Investment Units of a Stock Exchange Unit Investment Fund’ (becomes effective 10 days after the date of its official publication in the Bank of Russia Bulletin);

Bank of Russia Ordinance No. 3242-U, dated 25 April 2014, ‘On Interest Rates on Bank of Russia Overnight Loans’ (becomes effective as of the date of its signing);

Bank of Russia Ordinance No. 3243-U, dated 25 April 2014, ‘On Interest Rates on Bank of Russia Lombard Loans’ (becomes effective as of the date of its signing);

Bank of Russia Ordinance No. 3244-U, dated 25 April 2014, ‘On Interest Rates on Loans Secured with Assets or Guarantees’ (becomes effective as of the date of its signing);

Bank of Russia Ordinance No. 3245-U, dated 25 April 2014, ‘On Interest Rates on Loans Secured with Gold’ (becomes effective as of the date of its signing);

Bank of Russia Ordinance No. 3246-U, dated 25 April 2014, ‘On Interest Rates on Bank of Russia Deposit Operations’ (becomes effective as of the date of its signing);

Bank of Russia Order No. OD-820, dated 24 April 2014, ‘On the Revocation of Licence to Carry Out Insurance Broker Activity from the Limited Liability Company ‘Insurance Broker AlViN’’;

Bank of Russia Letter No. 76-T, dated 25 April 2014, ‘On the Codes for Classification of Revenues of the Russian Federation Budgets Administered by the Bank of Russia’s Systemically Important Banks Supervision Department and the Details of Payment Orders to Transfer These Revenues’;

Bank of Russia Letter No. 78-T, dated 27 April 2014, ‘On the Arrangement of Trades in the Domestic Financial Market in the Russian Federation on 28-30 April and on 2 to 14 May 2014’.

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

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