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"

Subscribe to a Global-Regulation Premium Membership Today!

Key Benefits:

Subscribe Now for only USD$20 per month, or Get a Day Pass for only USD$4.99.
RUSSIAN FEDERATION FEDERAL LAW OF THE FEDERAL LAW OF THE FEDERAL LAW OF THE FEDERAL LAW OF THE LAW OF THE PRESIDENT OF THE RUSSIAN FEDERATION Approved by the Federation Council on 17 May 1999 Article 1. Article 28 of the Federal Law "On Banks and Banking" (Vedomas of the Congress of People's Deputies of the RSFSR and the Supreme Soviet of the RSFSR, 1990, N 27, sect. 357; Legislative Assembly of the Russian Federation, 1996, No. 6, art. 492), the following supplement: Add a new part of the third reading: " Credit organizations establish correspondent relations with foreign banks registered in the offshore zones of foreign states, in the manner determined by the Bank of Russia. "; parts three to five, respectively, to be considered as parts of the fourth to sixth. Article 2. This Federal Law shall enter into force on the date of its official publication. President of the Russian Federation B. Yeltsin Moscow, Kremlin 5 July 1999 N 126-FZ