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There have been regulated the acts of the Bank of Russia about depositing of credit institutions obligatory reserves


There have been regulated the acts of the Bank of Russia about depositing of credit institutions obligatory reserves
2009-11-20 06:00

NEWS OF THE FEDERAL LEGISLATION

There have been regulated the acts of the Bank of Russia about depositing of credit institutions obligatory reserves

In accordance with adoption of the Statute of the Bank of Russia N 342-P of August 7, 2009 (document is in Russian) (putted into effect since November 1, 2009), by the Direction of the Bank of Russia N 2307-U of October 22, 2009 (document is in Russian), it is considered the Direction of the Bank of Russia N 2237-U of May 22, 2009 (document is in Russian) as lost its force, which granted the right to credit institutions not to include separate obligations up to March 1, 2010. Now in accordance with clause 2.5.2 of the Statute N 342-P, obligations to the state corporation "Agency on deposits insurance" and obligations to investors being not credit institutions, arising within frameworks of rendering financial aid on plans of ADI in bankruptcy prevention in accordance with the Federal Act N 175-FZ "On additional measures for forcing stability of banking system during the period up to December 31, 2011" of October 27, 2008 (document is in Russian), shall not be included in composition of reserved obligations without restriction of time period.


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