RUS CB consulted on draft instruction on the procedure for calculating the amount of foreign capital participation in the banking system of the Russian Federation.
Consultation documents are only available on RUS CB website until comment deadline.
Main Points
Completion of the required information used to calculate the size of foreign capital participation in the banking system; clarification of relevant calculation formulation.
The instruction is planned to enter into force ten days after its official publication.
Effectiveness
Comments on the draft can be submitted via email until Oct. 15, 2024 (inclusive).
Feb. 2025 Ord Issued
On Feb. 13, 2025, RUS CB published ordinance 6911-U, in force on Feb. 23, 2025.
Regulators
RUS CB
Entity Types
Bank
Reference
PR 2/13/2025; Ord 6911-U, 10/30/2024; CP, 10/2/2024
