Up to 700000 rubles there is increased the
limit size of compensations on deposits in banks, in respect
of which an insurant event has arisen (recall (cancellation)
of banking license on performance banking operations or putting
of a moratorium on meeting requirements of banking creditors).
This norm shall be applied to banks, in respect of which an
insurant event has arisen after October 1, 2008.
Form
the enforcement day of
the Federal Act N 174-FZ and till December 31, 2008, the
Central Bank has been entrusted the right to put restrictions
on interest rate size on banking deposit contracts in respect
of credit institutions not executing instructions about elimination
infringements in their activity revealed by the RF Central Bank,
as well as in the case in such infringements of operations (deals)
performed by a credit institution have made a real threat to
its creditors interests.
There have been adopted the additional measures on support of financial system of the Russian Federation in conditions of negative influence of the international financial crisis
By
the Federal Act N 173-FZ of October 13, 2008 (document is
in Russian), up to December 31, 2008 inclusive, the State corporation
"Bank of Development and Foreign Economical Activity (Vnesheconombank)"
has entrusted with the right to grant credits (loans) to institutions
in foreign currency for redemption an (or) servicing of credits
(loans) received by these institutions before September 25,
2008 form foreign institutions, to acquire the rights of claim
of foreign creditors to these institutions under liabilities
arisen before September 25, 2008, and to make other operations
in aforesaid purposes, In purposes of implementation of aforesaid
measures, the RF Central Bank is placing deposits in Vnesheconombank
in aggregate sum not more than 50 bln USA dollars.
So,
the RF Central Bank has been granted the right to conclude contracts
with credit institutions, according to which it is obliged to
indemnify such institutions for a part of losses (expenditures)
arisen under deals with other credit institutions concluded
before the day of enforcement of
this Federal Act and up to December 31, 2008 including,
the license of which for performance banking operations has
been recalled.
From the Quarter III,
2008, payment of the value-added tax shall be made under results
of every taxable period based on actual realization (transfer)
of goods (making works including for own needs, rendering services
including for needs) for expiring taxable period in equal shares
not later than 20 number of every from three months following
after expired taxable period.
Procedure and terms for submission of such credits shall be
established by the Board of Directors of Bank of Russia, at
that receivers of such credits shall have rating not lower than
established level. List of rating agencies, which ratings are
applied for determination of credit solvency of credit receivers
and necessary minimum indexes of according ratings, additional
requirements to credit receivers shall be established so by
the Board of Directors of Bank of Russia.
The Document
has been published officially in the Russian Newspaper N 214
of 14.10.2008.
- issues of bonds is included to composition
of assets, list of which in established by Board of Directors
of Bank of Russia, and requirements to them are established;
- the procedure is changed for calculation of assets cost
used for determination of credits coverage;
- there is determined
the procedure for control over execution of terms of credits
coverage;
- there is established that maximum size of one-time
debt of a bank shall be calculated with taking into account
of credits specified in
subclause 1.2.3 of clause 1.2 of the Provision granted for
period up to 30 calendar days inclusive;
- as giver of
bill or person jointly responsible for payment, now a RF subject
can be. Simultaneously, there are changed the requirements to
givers of bill in the part of activity made by it him.