On release of Bank of Russia Bulletin
OREANDA-NEWS. Bank of Russia Bulletin No. 121 (1717), dated 30 December 2015, has been released.
The issue publishes the information notice on the introduction of the liquidity coverage ratio and the material ‘Analysis of Demand for High Quality Liquid Assets in the Russian Banking Sector’, as well as the information notice on Bank of Russia adjustment ratios.
The section Non-bank Financial Organisations publishes the following Bank of Russia Orders:
No. OD-3790, dated 29 December 2015, on the revocation of the insurance licence from RSA Inter-Polis Insurance Company, limited liability company;
No. OD-3791, dated 29 December 2015, on resuming the validity of the insurance and reinsurance licences of Insurance Company Pomosch, limited liability company;
No. OD-3792, dated 29 December 2015, on suspending the insurance licence of Strakhovye Investitsii, limited liability company;
No. OD-3802, dated 29 December 2015, on appointing a provisional administration to Specialised Insurance Company, limited liability company.
The section Official Documents publishes the following information:
Bank of Russia Regulation No. 507-P, dated 1 December 2015, ‘On Credit Institutions’ Required Reserves’ (becomes effective from 1 January 2016; shall be applied starting the calculation of the credit institution’s required reserves for the reporting period from 1 January to 1 February 2016);
Bank of Russia Ordinance No. 3860-U, dated 30 November 2015, ‘On the Forms, Terms and Procedure for Insurance Companies and Mutual Insurance Companies to Compile and Submit Reports to the Central Bank of the Russian Federation’ (becomes effective the day the Order of the Ministry of Finance of the Russian Federation on invalidating Order of the Ministry of Finance of the Russian Federation No. 113n, dated 20 October 2008, ‘On the Form of Annual Statistical Report No. 2-С ‘Information on the Activity of the Insurance (Medical Insurance) Company for the Year ___’ and the Procedure for its Compilation and Submitting’ and Order of the Ministry of Finance of the Russian Federation No. 14n, dated 11 February 2010, ‘On Compiling and Submitting Annual Statistical Report No. 2-С ‘Information on the Activity of the Insurance (Medical Insurance) Company for the Year ___’ and Information on the Number of Participants of the Mutual Insurance Company by Mutual Insurance Companies’ becomes effective);
Bank of Russia Ordinance No. 3873-U, dated 2 December 2015, ‘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 in the Bank of Russia Bulletin);
Bank of Russia Ordinance No. 3924-U, dated 28 December 2015, ‘On Reserve Requirements’ (becomes effective from 1 January 2016);
Bank of Russia Order No. OD-3381, dated 30 November 2015, ‘On Issuing Bank of Russia Loans under Agreements on Irrevocable Credit Line Opening’;
Bank of Russia Order No. OD-3439, dated 3 December 2015, ‘On Measuring the Maximum Limit of the Irrevocable Credit Line’;
Bank of Russia Order No. OD-3781, dated 28 December 2015, ‘On the Adjustment Ratio’;
Bank of Russia Letter No. 014-12-4/11115, dated 28 December 2015, ‘On Russian Federation Government Resolution No. 1267, Dated 26 November 2015, ‘On the Informational Cooperation between Financial Market Organisations and Authorised Bodies’.
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