OREANDA-NEWS. August 08, 2008. The Government of the Russian Federation approved No.571 Decree "On Amendments to No.335 Decree of the Government of the Russian Federation of 30th May 2007", which has changed the size of the assets of credit organizations and the aggregate share of credit organizations on the goods market for the purposes of antimonopoly control, reported the press-centre of FAS Russia. 

The amendments increased the thresholds for preliminary approval and notification of an antimonopoly body about a merger or takeover of credit organizations, as well as about transactions with the stock (shares), assets and rights of credit organizations.

When the Decree comes into force, antimonopoly authorities must grant preliminary approval of a merger or takeover of credit organizations if the aggregate book value of the assets of credit organizations at the closing date are over 14 bln Rubles (previously - over ten bln Rubles).

Transactions with the stock (shares), assets and rights of a credit organization requires approval if the book value of the assets of a credit organization at the closing date exceeds four bln Rubles (previously -exceeding three bln Rubles).