On Feb. 13, 2025, RUS CB published ord 6966-U which is in force on Mar. 1, 2025.
On Nov. 19, RUS CB issued employee appointment notification rules.
RUS CB proposed ordinance amending ordinance 4662-U on procedure for notifying RUS CB regarding appointing employees with explanatory note.
Consultation documents are only available on RUS CB website until comment deadline.
Proposals
This ord adjusts the procedure for notifying about appointments to positions, termination of appointments for certain officials in financial organizations.
The organizations include credit institutions, insurance companies, non-state pension funds, management companies of investment funds, mutual funds, and pension funds.
The ord synchronizes the deadlines for submitting notifications to RUS CB about appointments and dismissals with the relevant provisions of sectoral federal laws.
Effectiveness
Comments and feedback are expected by Nov. 25, 2024.
Feb. 2025 Ord Issued
On Feb. 13, 2025, RUS CB published ord 6966-U which is in force on Mar. 1, 2025.
Regulators
RUS CB
Entity Types
Bank; Ins; Inv Co; Pension
Reference
PR 2/13/2025; Ord 6966-U, 12/19/2024; CP, 11/19/2024; Ord 4662-U, 12/25/2017
Functions
Compliance; C-Suite; HR; Legal; Reporting; Risk
Countries
Russia
Category
State
N/A
Products
Banking; Fund Mgt; Insurance; Mutual Funds; Pensions
