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News of the Federal Legislation

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News of the Federal Legislation


Federal registration service is given a number of powers in the sphere of regulation of evaluation activity and the activity of self-regulated organizations of valuers
2007-07-09 08:00

NEWS OF THE FEDERAL LEGISLATION

Federal registration service is given a number of powers in the sphere of regulation of evaluation activity and the activity of self-regulated organizations of valuers

  By the decree of the Government of the Russian Federation N 423 of 3 July 2007 (document is in Russian) it is established that the Federal registration service is a federal executive authority empowered to keep the united state registry of self-regulated organizations of valuers, provide supervision over meeting the requirements of the Federal Act N 135-FZ “On evaluation activity in the Russian Federation” of 29 July 1998 by organizations of valuers, as well as to appeal to court for exclusion of a self-regulated organization of valuers from the united state registry of self-regulated organizations of valuers.

There is established limit size of settlements and expenses of cash received to cash desk of a legal entity or a sole trader
2007-07-09 08:00

NEWS OF THE FEDERAL LEGISLATION

There is established limit size of settlements and expenses of cash received to cash desk of a legal entity or a sole trader

The Direction of the Bank of Russia N 1843-U of June 20, 2007 (document is in Russian) establishes that in the Russian Federation cash settlements shall not exceed the size of 100 thousand rubles if they are made between legal entities, as well as between a legal entity and a citizen making entrepreneurial activity without forming a legal entity, between sole traders and concern to performance of entrepreneurial activity by them, within frameworks of one agreement concluded between aforesaid persons.

There has been ratified the Agreement between the RF Government and the Ukraine Cabinet Council on liquidation and order of return of aviation technique being at repair enterprises of the RF Ministry of Defense and the Ukraine Ministry of Defense
2007-07-09 08:00

NEWS OF THE FEDERAL LEGISLATION

There has been ratified the Agreement between the RF Government and the Ukraine Cabinet Council on liquidation and order of return of aviation technique being at repair enterprises of the RF Ministry of Defense and the Ukraine Ministry of Defense

The Federal Act N 125-FZ of July 5, 2007 (document is in Russian) has ratified the Agreement between the RF Government and the Ukraine Cabinet Council on liquidation and order of return of aviation technique being at repair enterprises of the RF Ministry of Defense and the Ukraine Ministry of Defense (document is in Russian) assigned in Kiev city as on July 1, 2003.

The amendments are made to the Decree of the RF Government on questions concerning to turnover of drugs and psychotropic substances
2007-07-09 08:00

NEWS OF THE FEDERAL LEGISLATION

The amendments are made to the Decree of the RF Government on questions concerning to turnover of drugs and psychotropic substances

The Decree of the Government of the Russian Federation N 427 of July 4, 2007 (document is in Russian) makes amendments to the list of drugs, psychotropic substances subjects for control in the Russian Federation (document is in Russian) and to large and specific large sizes of drugs and psychotropic substances for the purposes of articles 228, 228-1 and 229 of the Criminal Code of the Russian Federation (document is in Russian). Made amendments extend list of psychotropic substances, which turnover is restricted in the Russian Federation and in which respect it is permitted exclusion of certain measures of control in accordance with the legislation of the Russian Federation and international agreements of the Russian Federation (the list II).

Amendments are made to the Statute on the Russian center of international scientific and cultural cooperation at the Ministry of Foreign Affairs of the Russian Federation
2007-07-09 08:00

NEWS OF THE FEDERAL LEGISLATION

Amendments are made to the Statute on the Russian center of international scientific and cultural cooperation at the Ministry of Foreign Affairs of the Russian Federation

  By the decree of the Government of the Russian Federation N 426 of 4 July 2007 (document is in Russian) amendments have been made to the Statute on the Russian center of international scientific and cultural cooperation at the Ministry of Foreign Affairs of the Russian Federation (document is in Russian) verifying the legal status and competence of the manager of the Foreign center of Russia.

Rules are approved for application of means of communication which are subject to obligatory certification
2007-07-09 08:00

NEWS OF THE FEDERAL LEGISLATION

Rules are approved for application of means of communication which are subject to obligatory certification

By the Order of the Ministry of information technologies and communication of the Russian Federation N 67 of 19 June 2007 (document is in Russian) Rules have been approved for application of the equipment of control and monitoring of radio relay communication systems.  

By the Order of the Ministry of information technologies and communication of the Russian Federation N 68 of 19 June 2007 (document is in Russian) Rules have been approved for application of the equipment of automated systems of control and monitoring of electric communication networks performing functions of digital transport systems.

Amendments are made to the Statute of the Bank of Russia “On the procedure of formation of reserves for possible losses by credit institutions”
2007-07-09 08:00

NEWS OF THE FEDERAL LEGISLATION

Amendments are made to the Statute of the Bank of Russia “On the procedure of formation of reserves for possible losses by credit institutions”

By the Direction of the Bank of Russia N 1837-U of 14 June 2007 (document is in Russian) amendments have been made to the Statute of the Bank of Russia N 283-P “On the procedure of formation of reserves for possible losses by credit institutions” of 20 March 2006 (document is in Russian), according to which the claims of the credit institution to the counter agent (conventional credit obligations), included in the portfolio of uniform claims (conventional credit requirements), for which individual signs of devaluation have been revealed, shall be withdrawn from the corresponding portfolio of uniform claims (conventional credit obligations) in the terms established by clause 4.5 of the present Statute, except for those whose value is not more than 0,1% of the internal funds (capital) of the credit institution, but does not exceed 1000 rubles. This Statute has also been added with “Chapter 5_1. Procedure of formation of the reserve for possible losses under claims of interest earnings under credit claims”.

Norms are approved of natural reduction as a result of production and turnover (except retail sale) of ethyl spirit, alcohol and spirit-based products
2007-07-09 08:00

NEWS OF THE FEDERAL LEGISLATION

Norms are approved of natural reduction as a result of production and turnover (except retail sale) of ethyl spirit, alcohol and spirit-based products

By the Order of the Ministry of agriculture N 323 of 14 June 2007 (document is in Russian) in accordance with clause 3 of the decree of the Government of the Russian Federation N 380 “On registration of volumes of production and turnover (except for retail sale) of ethyl spirit, alcohol and spirit-based products” of 19 June 2006 (document is in Russian) norms have been approved of natural reduction as a result of production and turnover (except retail sale) of ethyl spirit, alcohol and spirit-based products, which should be valid until 1 July 2008.

The procedure is approved for performance of banking operations on transfer of cash on the instructions of natural persons without opening of banking accounts by credit institutions to them, with participation of certian commercial institutions
2007-07-09 08:00

NEWS OF THE FEDERAL LEGISLATION

The procedure is approved for performance of banking operations on transfer of cash on the instructions of natural persons without opening of banking accounts by credit institutions to them, with participation of certian commercial institutions

The Directions of the Bank of Russia N 1842-U of June 20, 2007 (document is in Russian) establishes the procedure for performance of banking operations provided by clause 9 of part first of article 5 of the Federal Act " On banks and banking activity" (document is in Russian) with participation of commercial institutions not being credit institutions, in the part of receiving of cash from natural persons as payment for services of electric communication, dwelling premises and communal services for following transfer of received cash by credit institutions in favor of persons rendering services (making works).

The amendments are made to the Statute on the activity on organizing trade at the security market
2007-07-09 08:00

NEWS OF THE FEDERAL LEGISLATION

The amendments are made to the Statute on the activity on organizing trade at the security market

The Order of the Federal Service for Financial Markets of Russia N 07-68/pz-n of June 14, 2007 (document is in Russian) makes amendments to the Statute on the activity on organizing trade at the security market approved by the Order of the Federal Service for Financial Markets of Russia N 06-68/pz-n of June 22, 2006 (document is in Russian), and in accordance with them there is determined the procedure for admission of russian depositary receipts to auctions, in particular procedure and terms for inclusion of russian depositary receipts to the quotation list. So there is changed the minimum average monthly value of deals with securities calculated under results of last 6 months. Besides, there is specified the terms for inclusion of bonds of issuer - mortgage agent to the quotation list.


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