On Amendments And Additions To The Federal Law "on The Central Bank Of The Russian Federation (Bank Of Russia)" And The Federal Law "on Banks And Banking Activities"

Original Language Title: О внесении изменений и дополнений в Федеральный закон "О Центральном банке Российской Федерации (Банке России)" и Федеральный закон "О банках и банковской деятельности"

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RUSSIAN FEDERATION FEDERAL LAW On Amendments and Additions to the Federal Law "On the Central Bank of the Russian Federation (the Bank of Russia)" and the Federal Law " On banks and banking activities " adopted by the State Duma on 2 July 1998 Approved by the Federation Council on 17 July 1998 (In the wording of Federal Law dated 10.07.2002 N 86-FZ Article 1. (Spconsumed by Federal Law of 10.07.2002) N 86-FZ) Article 2. of the Russian Federation and the Supreme Soviet of the Russian Federation, 1992, 391; N 34, sect. 1966; Legislative Assembly of the Russian Federation, 1996, No. 6, art. 492) the following changes and additions: 1. Part one, article 5, supplement paragraph 9 with the following: "(9) money transfers on behalf of individuals without opening bank accounts (excluding postal transfers).". 2. In article 20: 1) in Part One: paragraph 3 should be restated: " 3) Fact of Failure Reporting, Delays by More than 15 Days of Reporting Monthly Reporting (Reporting) 6 and 7 restate in the following wording: " (6) the inability of the credit institution to meet the obligations of creditors and (or) discharge the obligation to pay the mandatory payments in within one month of the date on which they were carried out, if the requirements of the The credit institution in aggregate is equal to at least one thousand minimum wage levels established by federal law; 7) repeated in the course of the year of the perpetrator's failure to comply with the executive documents Courts, arbitral tribunals of claims for the recovery of money from the accounts (deposits) of the clients of the credit institution with cash in account (in contribution) of the designated persons. "; 2) Part Four should be revised to read: " From the credit institution's license revocation Bank operations: 1) the term of performance of the credit institution shall be deemed to have occurred. The liabilities of the credit institution in foreign currency are taken into account in rubles at the rate of the Bank of Russia, which was in effect at the date of revocation of the license for banking operations; 2) the interest shall be terminated, as well as penalties (fines, penalties) and other financial (economic) sanctions on the obligations of the credit institution; 3) execution of enforcement documents on property penalties, except for execution Documents issued pursuant to a court decision on the recovery of Remuneration of wages, payment of royalmony allowances, alimony and compensation for damage caused to life and health, and moral damage that entered into force until the credit institution was withdrawn from the credit institution Bank operations; 4) until the establishment of the liquidation committee (liquidator) or the appointment of an arbitral tribunal of the insolvency representative shall be prohibited from concluding the transactions of a credit institution and the performance of obligations under the insolvency representative. Transactions of the credit institution (excluding turnover transactions) -utility and operating payments of the credit institution, as well as payment of termination benefits and remuneration of persons working under the contract (contract), within the cost estimates, agreed with the Bank of Russia or with the Commissioner A representative of the Bank of Russia in case of his appointment). ". 3. In article 23: to supplement the article with new parts of the second and third content: " If the activity of a credit institution is terminated on the basis of a decision of its founders (participants), the Bank of Russia on the basis of The application of the credit institution shall make a decision on the cancellation of the banking licence. The procedure for the submission of the said application by the credit institution is regulated by the Bank of Russia regulations. In the event of cancellation or withdrawal of a banking license, the credit institution will return the specified license to the Bank of Russia within 15 days of the taking of such a decision. "; Part Two Part Four. 4. Supplement the Federal Law with article 23-1 as follows: " Article 23-1. Elimination of the credit institution by Bank of Russia initiative Bank of Russia has the right to appeal to the arbitration court with a demand to liquidate the credit institution regardless of its financial condition, if the credit institution, which revoked the banking licence, within one month of the withdrawal of the licence, the liquidation commission (liquidator) was not established or bankruptcy proceedings were not applied. ". Article 3. This law shall enter into force on the date of its official publication. President of the Russian Federation B. Yeltsin Moscow, Kremlin July 31, 1998 N 151-FZ