On Oct. 10, 2024, RUS CB issued ord 6777-U on the forms of application for prohibiting the conclusion of consumer loan agreements and for lifting the prohibition on concluding consumer loan agreements, submitted by a credit history subject - a natural person to all qualified credit history bureaus through the multifunctional center for the provision of state and municipal services, and the rules for filling out such applications.
The ord enters into force on Mar. 1, 2025.
In Jan. 2025, RUS CB published guide on consumer loan forms, see rule #240458.
On Apr. 12, RUS CB proposed instructions on application forms.
RUS CB proposed draft instructions on the forms of application for prohibiting the conclusion of consumer loan agreements and for lifting the prohibition on concluding consumer loan agreements, submitted by a credit history subject - a natural person to all qualified credit history bureaus through the multifunctional center for the provision of state and municipal services, and the rules for filling out such applications.
Consultation documents are only available on RUS CB website until comment deadline.
Follows RUS GVT Feb. 2024 law 31-FZ on amendments to laws on consumer loans and on credit histories signed by the president of Russian Federation, see #201863.
Summary
The ord establishes forms for applications to prohibit/lift prohibition on entering into consumer loan agreements submitted by a credit history subject, a natural person.
This is applicable to all qualified credit history bureaus via multifunctional center for provision of state and municipal services, and the rules for filling out such applications.
The provisions of the draft directive apply to citizens, qualified credit history bureaus, and multifunctional centers for the provision of state and municipal services.
Effectiveness
Comments and feedback are expected by May 2, 2024.
Oct. 2024 Ord Issued
On Oct. 10, 2024, RUS CB issued ord 6777-U on the forms of application for prohibiting the conclusion of consumer loan agreements and for lifting the prohibition on concluding consumer loan agreements, submitted by a credit history subject - a natural person to all qualified credit history bureaus through the multifunctional center for the provision of state and municipal services, and the rules for filling out such applications.
The ord enters into force on Mar. 1, 2025.
In Jan. 2025, RUS CB published guide on consumer loan forms, see rule #240458.
Regulators
RUS CB
Entity Types
Bank; CNSM; CRB; CU; MSB
Reference
PR 10/10/024; Ord 6777-U, 7/27/2024; CP, 4/12/2024
