On Amending Article 28 Of The Federal Law "on Banks And Banking Activities"

Original Language Title: О внесении дополнения в статью 28 Федерального закона "О банках и банковской деятельности"

Read the untranslated law here: http://pravo.gov.ru/proxy/ips/?doc_itself=&infostr=x&backlink=1&fulltext=1&nd=102060822

RUSSIAN FEDERATION federal law on amendments to article 28 of the Federal law "on banks and banking activity" adopted by the State Duma April 21, 1999 the year approved by the Federation Council May 17, 1999 year Article 1. Article 28 of the Federal law "on banks and banking activities" (records of the RSFSR Congress of people's deputies and the Supreme Soviet of the RSFSR, 1990, no. 27, art. 357; Collection of laws of the Russian Federation, 1996, no. 6, art. 492) the following supplement: Supplement of a new paragraph 3 as follows: "credit organizations establish correspondent relations with foreign banks, registered offshore in the territories of foreign States, in accordance with the procedure determined by the Bank of Russia";
part of the third-fifth take fourth to sixth instalments respectively.
Article 2. This federal law shall enter into force on the day of its official publication.
The President of the Russian Federation, b. Yeltsin, Kremlin, Moscow, N 126 July 5, 1999-FZ