On Jun. 5, RUS CB issued draft directive on mandatory ratios.
Draft directive making amendments to RUS CB instruction 175-I of Nov. 14, 2016.
Aim is to increase protecting against risk of central counterparties and consolidate temporary measures implemented by the decision of the Board of Directors of RUS CB.
Amendments made to the calculation of mandatory ratios of central counterparties.
Effectiveness
Comments requested by Jun. 19, 2023; Directive to enter into force on Jan. 1, 2025.
Nov. 2023 Ordinance Issued
On Nov. 30, 2023, RUS CB issued ord 6562-U amending instruction 175-I on banking operations of non-banking financial institutions regarding mandatory norms of non-banking organizations - participants in payment and settlement systems and specifics of compliance with RUS CB for 14 days entering into force on Jan. 1, 2025.
Regulators
RUS CB
Entity Types
Bank; MSB; SIFI
Reference
PR 11/30/2023; Ord 6562-U, 10/2/2023; CP, 6/5/2023;
