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There has been decreased the refinancing rate of the Bank of Russia


There has been decreased the refinancing rate of the Bank of Russia
2010-03-29 08:00

NEWS OF THE FEDERAL LEGISLATION

There has been decreased the refinancing rate of the Bank of Russia

By the Decree of the Bank of Russia N 2415-U of March 26, 2010 (document is in Russian), the refinancing rate of the Bank of Russia has been decreased from 8,5 down to 8,25 per cent per annum since March 29, 2010.

There has been established the procedure for calculation indexes of liquidity and investment market of foreign issuers securities admitted for public placing and turnover in the Russian Federation
2010-03-29 08:00

NEWS OF THE FEDERAL LEGISLATION

There has been established the procedure for calculation indexes of liquidity and investment market of foreign issuers securities admitted for public placing and turnover in the Russian Federation

By the Order of the Federal Service for Financial Market of Russia N 10-5/pz-n of February 9, 2010 (document is in Russian), it has been approved the Statute on the composition and the procedure for calculation of indexes characterizing the level of liquidity (estimated liquidity) and the level of investment risk of securities, on the grounds of which, the federal executive authority on securities market shall make the decision about admission of foreign issuers securities to public placing and (or) turnover in the Russian Federation. Besides, the Order has established the terms for admission of securities of foreign stock investment fund to trades on Russian stock exchange and the requirements to Russian stock exchange in such cases.

The Order has been registered in the Ministry of Justice of the Russian Federation N 16675 of March 22, 2010.

The amendments has been made to the Standards of emission of securities and registration of securities prospectus
2010-03-29 08:00

NEWS OF THE FEDERAL LEGISLATION

The amendments has been made to the Standards of emission of securities and registration of securities prospectus

By the Order of the Federal Service for Financial Market of Russia N 10-15/pz-n of March 4, 2010 (document is in Russian), the amendments have been made to the Standards of emission of securities and registration of securities prospectus approved by the Order of the Federal Service for Financial Market of Russia N 07-4/pz-n of January 25, 2007 (document is in Russian). The amendments have specified the lists of documents submitting for state of an securities issue, the report about results of an issue and amendments to the decision about issue, securities prospectus.
 
The Order has been registered in the Ministry of Justice of the Russian Federation N 16682 of March 22, 2010.


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