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News of the Federal Legislation

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News of the Federal Legislation


There is approved the list of documents confirming observance of terms by competitors receiving of the license on making kinds of activity specified in the federal acts "On investment funds" and "On non-state pension funds"
2008-10-08 08:00

NEWS OF THE FEDERAL LEGISLATION

There is approved the list of documents confirming observance of terms by competitors receiving of the license on making kinds of activity specified in the federal acts "On investment funds" and "On non-state pension funds"

The Decree of the RF Government N 744 of October 6, 2008 (document is in Russian) approves the list of documents confirming observance of licensing terms, being subjects for submission for receiving of the license on making activity:

- of investment funds;
 
- on administration with investment funds, share investment funds and non-state pension funds;

- of specialized depositaries of investment funds, share investment funds and non-state pension funds;

- on pension security and pension insurance.

At that there is established that at receiving of the license on making activity of specialized depositaries of investment funds, share investment funds and non-state pension funds, credit institutions have the right not to submit copies of a balance sheet and a report about profit and losses, as well as copies of auditors conclusion on annual reporting examination.

Besides, the Decree of the RF Government N 432 "On licensing of certain kinds of activity at financial markets" of July 14, 2006 (document is in Russian) in considered as lost its force, with established the provisions on licensing of certain kinds of activity.

There is changed the date of putting into effect of the Statute on insurance reserve of a non-state pension fund
2008-10-08 08:00

NEWS OF THE FEDERAL LEGISLATION

There is changed the date of putting into effect of the Statute on insurance reserve of a non-state pension fund

The Order of the Federal Service for Financial Markets of Russia N 08-37/pz-n of September 23, 2008 (document is in Russian) changes the enforcement procedure of the Order of the Federal Service for Financial Markets of Russia N 08-11/pz-n "On approval of the statute on insurance reserve of a non-state pension fund" of March 18, 2008 (document is in Russian).

There is established that the Order of the Federal Service for Financial Markets of Russia N 08-11/pz-n of March 18, 2008 shall put into effect from December 1, 2008. Since aforesaid date, the Decree of the RF Ministry of Labor and Social Development N 55 "On approval of the Statute about normative size of insurance reserve and the procedure for its formation and use" of April 26, 2004 (document is in Russian) shall not be subject for application.


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