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MIL-OSI EU-Baltics: Total non-residents` securities holdings of the Russian Federation Eurobonds

By   /  August 10, 2018  /  Baltics, Banking, Banking and Finance, Central Bank of the Russian Federation, Economy, English, Europe, European Union, Eurozone, MIL OSI, Open Source Intel, Raw News, Russia, Statistics  /  Comments Off on MIL-OSI EU-Baltics: Total non-residents` securities holdings of the Russian Federation Eurobonds

Source: Central Bank of the Russian Federation in English According to macroeconomic statistics, in 2016 Q4 – 2017 Q1, the amount of external debt repayments by non-financial organisations, including principal and interest, totals $23 billion and $20.7 billion respectively.As it is the case, the peak of repayments occurs in December according to macroeconomic statistics ($13.4 billion), with […]

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MIL-OSI EU-Baltics: Bank of Russia’s commentary on current state of foreign currency market

By   /  August 10, 2018  /  Baltics, Banking, Banking and Finance, Central Bank of the Russian Federation, Economy, English, Europe, European Union, Eurozone, Fiscal Updates, MIL OSI, Open Source Intel, Raw News, Russia  /  Comments Off on MIL-OSI EU-Baltics: Bank of Russia’s commentary on current state of foreign currency market

Source: Central Bank of the Russian Federation in English The elevated ruble volatility seen in recent days is a natural reaction of the financial market to the news about new potential sanctions in the context of changes in global financial markets. Such episodes of volatility have occurred before against the backdrop of discussions about restrictions; […]

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MIL-OSI EU-Baltics: On revocation of banking licence from non-bank credit institution Innovative Settlement Centre and appointment of provisional administration (10.08.2018)

By   /  August 10, 2018  /  Baltics, Banking, Banking and Finance, Business, Central Bank of the Russian Federation, Commerce, Economy, English, Europe, European Union, Eurozone, MIL OSI, Open Source Intel, Press Releases, Raw News, Russia  /  Comments Off on MIL-OSI EU-Baltics: On revocation of banking licence from non-bank credit institution Innovative Settlement Centre and appointment of provisional administration (10.08.2018)

Source: Central Bank of the Russian Federation in English Information NoticeOn revocation of banking licence from non-bank credit institution Innovative Settlement Centre and appointment of provisional administrationBy its Order No. OD-2077, dated 10 August 2018, the Bank of Russia revoked the banking licence from the Moscow-based credit institution joint-stock company Non-bank Settlement Credit Institution Innovative Settlement Centre or JSC NSCI ISC […]

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MIL-OSI EU-Baltics: Bank of Russia suggests revising approaches to insurers’ investment activity

By   /  August 10, 2018  /  Baltics, Banking, Banking and Finance, Central Bank of the Russian Federation, Economy, English, Europe, European Union, Eurozone, Investment, law, Legal, MIL OSI, Open Source Intel, Raw News, Russia  /  Comments Off on MIL-OSI EU-Baltics: Bank of Russia suggests revising approaches to insurers’ investment activity

Source: Central Bank of the Russian Federation in English The regulator’s initiatives are aimed at improving financial resilience and creditworthiness of insurance companies and will help expand the possibilities for investing insurance assets into high-quality instruments.Consultations with representatives of the insurance community have resulted in the proposed abolition of obsolete restrictions on investment in corporate […]

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MIL-OSI EU-Baltics: Fines for violating sectoral law defined for microcredit companies

By   /  August 10, 2018  /  Aid, Baltics, Banking, Banking and Finance, Central Bank of the Russian Federation, Economy, English, Europe, European Union, Eurozone, MIL OSI, Open Source Intel, Raw News, Russia, United States of America  /  Comments Off on MIL-OSI EU-Baltics: Fines for violating sectoral law defined for microcredit companies

Source: Central Bank of the Russian Federation in English The Bank of Russia set the requirements for measures self-regulatory organisations (SROs) should apply against microcredit companies (MCCs) for violations of sectoral law. The respective measures are recorded in SROs’ internal standards and the requirements are set forth in the Bank of Russia Ordinance.In particular, the […]

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MIL-OSI EU-Baltics: Non-residents’ presence in Russian market stabilises in July

By   /  August 9, 2018  /  Baltics, Banking, Banking and Finance, Central Bank of the Russian Federation, Currency Exchange Rates, Economy, English, Europe, European Union, Eurozone, Exports, MIL OSI, Open Source Intel, Raw News, Russia, Trade  /  Comments Off on MIL-OSI EU-Baltics: Non-residents’ presence in Russian market stabilises in July

Source: Central Bank of the Russian Federation in English Net capital outflow from emerging markets declined in July 2018. This largely stabilised capital flows in the Russian market. The July issue of the Financial Market Risks Review notes that the share of OFZ in the accounts of foreign depositaries with the NSD remained virtually unchanged […]

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MIL-OSI EU-Baltics: On release of Bank of Russia Bulletin (08.08.2018)

By   /  August 9, 2018  /  Baltics, Banking, Banking and Finance, Central Bank of the Russian Federation, Economy, English, Europe, European Union, Eurozone, Media Intelligence, MIL OSI, Open Source Intel, Press Releases, Raw News, Republic of Korea, Russia, Technology  /  Comments Off on MIL-OSI EU-Baltics: On release of Bank of Russia Bulletin (08.08.2018)

Source: Central Bank of the Russian Federation in English Information NoticeOn release of Bank of Russia BulletinBank of Russia Bulletin No. 61 (2015) of 8 August 2018 has been released.The Credit Institutions section publishes information about the Russian banking system as of 1 August 2018.The Bulletin publishes the following Bank of Russia Orders:No. OD-1997, dated 01.08.2018, on the termination of activity of provisional administration to manage the […]

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MIL-OSI EU-Baltics: On results of inspection of financial standing of CB BOOM-BANK LLC held by provisional administration (07.08.2018)

By   /  August 8, 2018  /  Baltics, Banking, Banking and Finance, Central Bank of the Russian Federation, Economy, English, Europe, European Union, Eurozone, Justice, law, MIL OSI, Open Source Intel, Press Releases, Raw News, Russia  /  Comments Off on MIL-OSI EU-Baltics: On results of inspection of financial standing of CB BOOM-BANK LLC held by provisional administration (07.08.2018)

Source: Central Bank of the Russian Federation in English Information NoticeOn results of inspection of financial standing of CB BOOM-BANK LLC held by provisional administrationThe provisional administration to manage CB BOOM-BANK LLC as appointed by Bank of Russia Order No. OD-1375, dated 1 June 2018, following the revocation of its banking licence, conducted an investigation of the bank’s financial standing and identified operations aimed […]

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MIL-OSI EU-Baltics: Professional and expert community discuss draft Guidelines for the Development of the Russian Financial Market in 2019–2021

By   /  August 8, 2018  /  Asia, Asia Pacific, Baltics, Banking, Banking and Finance, Business, Central Bank of the Russian Federation, Commerce, Economy, English, Europe, European Union, Eurozone, MIL OSI, Open Source Intel, Raw News, Russia  /  Comments Off on MIL-OSI EU-Baltics: Professional and expert community discuss draft Guidelines for the Development of the Russian Financial Market in 2019–2021

Source: Central Bank of the Russian Federation in English The document was discussed in the Central, Southern, North Caucasian, Volga, Urals, Siberian and the Far Eastern Federal Districts. Attending the meetings organised by the regulator were 2000 financial institution representatives; they contributed more than 200 comments and suggestions to the draft.These covered primarily digitalisation, the […]

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MIL-OSI EU-Baltics: Preliminary requirements to XBRL statements applicable from 2019 published

By   /  August 8, 2018  /  Baltics, Banking, Banking and Finance, Central Bank of the Russian Federation, Economy, English, Europe, European Union, Eurozone, Investment, MIL OSI, Open Source Intel, Raw News, Republic of Korea, Russia  /  Comments Off on MIL-OSI EU-Baltics: Preliminary requirements to XBRL statements applicable from 2019 published

Source: Central Bank of the Russian Federation in English The Bank of Russia worked out a preliminary version of the XBRL taxonomy (version 3.0) for the accounting (financial) statements, as well as supervisory and statistical reporting for a number of non-bank financial institutions. This will become effective from 2019. Market participants will be able to […]

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