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There approved the Administrative regulations for making state control over purchase of stocks of joint-stock companies


There approved the Administrative regulations for making state control over purchase of stocks of joint-stock companies
2009-09-17 08:00

NEWS OF THE FEDERAL LEGISLATION

There approved the Administrative regulations for making state control over purchase of stocks of joint-stock companies

The Order of the Federal Service of Financial Markets of Russia N 09-26/pz-n of July 9, 2009 (document is in Russian) has approved the Administrative regulations for execution by the Federal Service of Financial Markets of the state function on making state control over purchase of stocks of joint-stock companies . Execution of the state function shall be provided by the Federal Service of Financial Markets and its territorial bodies in accordance with the Order of the Federal Service of Financial Markets of Russia N 06-130/pz-n of November 21, 2006 (document is in Russian). The control shall be provided over purchase (redemption) of common stocks, preferred stocks of joint-stock companies giving the voting right. Execution of the state function shall be provided in respect of voluntary and mandatory offer about acquisition of stocks, the notification on the right to claim of redemption and on the claim. General period for consideration of documents concerning acquisition of emission securities of joint-stock companies shall not be more than 15 days since the date of submission of them.

There has been changed the procedure for granting by the Bank of Russia of credits based on assets or guarantees to credit institutions
2009-09-17 08:00

NEWS OF THE FEDERAL LEGISLATION

There has been changed the procedure for granting by the Bank of Russia of credits based on assets or guarantees to credit institutions

The Direction of the Bank of Russia N 2273-U of August 10, 2009 (document is in Russian) has made the amendments to the Statute of the Bank of Russia N 312-P "On the procedure for granting by the Bank of Russia of credits based on assets or guarantees to credit institutions" of November 12, 2007 (document is in Russian), which specify the requirements to bill drawers and persons being jointly or subsidiary responsible for payment of a bill.


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