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News of the Federal Legislation

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News of the Federal Legislation


There established the sizes of assets of financial institutions and aggregate share of financial institutions at commodity market in purposes of performance of antimonopoly control
2007-06-04 08:00

NEWS OF THE FEDERAL LEGISLATION

There established the sizes of assets of financial institutions and aggregate share of financial institutions at commodity market in purposes of performance of antimonopoly control

The Decree of the RF Government N 334 of May 30, 2007 (document is in Russian) establishes the sizes of assets of financial institutions (except of credit institutions) on balance sheets as on last reporting date previous to the date of submission of appeal, at which exceeding it is required receiving of preliminary agreement of antimonopoly body on performance of deals and actions provided by chapter 7 of the Federal Act "On protection of the competition" , as well as the Decree establishes norms of aggregate share of financial institutions at commodity market, at which exceeding it is required notification of antimonopoly body on agreements between aforesaid financial institutions.

The Decree of the RF Government N 334 of May 30, 2007 (document is in Russian) establishes: summary cost of assets of credit institutions, at which exceeding it is required receiving of preliminary agreement of antimonopoly body on amalgamation and joining of credit institutions; cost of assets as on last balance sheet of credit institutions, which stocks (shares) and (or) property is paid in as deposit to authorized deposit of created commerce institution, at which exceeding it is required receiving of preliminary agreement of antimonopoly body on creation of such commerce institution; cost of assets as on last balance sheet of credit institutions, at which exceeding it is required receiving of preliminary agreement of antimonopoly body on performance of deals with shares (stocks), assets of credit institutions or rights in respect of credit institutions.

So it is established norm of aggregate share of credit institution on the commodity market, at which exceeding it is required notification of antimonopoly body on agreements between aforesaid credit institutions.


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