RUSSIAN FEDERATION

FEDERAL LAW

About opening bank accounts and letters of credit, conclusion

Bank Contributions by Economic Societies,

of strategic value for Military-industrial

Russian Federation's

complex and security

changes to selected legislative acts of the Russian Federation

Accepted by the State Duma style="mso-spacerun:yes"> July 4, 2014

Approved by the Federation Council style="mso-spacerun:yes"> July 9, 2014

(  Federal Law of December 29, 2014. N 484-FZ

Russian Law Assembly, 2015, N 1, st. 37;

Federal Law style="mso-spacerun:yes"> 29 December 2015

Russian legislation, 2016, N 1, article 11)

Article 1

1. Economic societies with a strategic value for

Military-industrial of the   and security

Federation, also societies direct

indirect control, to the right style="mso-spacerun:yes"> open

s

covered

(deposits) letters of credit in credit  organizations, to conclude

bank account contracts, bank deposit contracts 

with credit organizations, to purchase  security credit

organizations if the currency of the relevant contract is  ruble

(securities nominated in in if

credit organization  corresponds to requirements, installed

Article 2 of this Federal Law, with the exception of style="mso-spacerun:yes"> cases

defined Parts 4 and 5 of this article.

2. Economic societies with a strategic value for

Military-industrial of the   and security

Federation, also societies direct

indirect control, to the right style="mso-spacerun:yes"> open

s

covered

(deposits) letters of credit in credit  organizations, to conclude

bank account contracts, bank deposit contracts 

with credit organizations, to purchase  security credit

organizations, if Currency

Foreign currency  (the value is nominated for in ) style="font-size: 10.0pt; font-family: ">

currency) only if the credit organization  corresponds to

requirements, set by  article 2 of this Federal

law, as well as foreign banks operating under class="GrameE " > c

right country location.

3. Economic societies with a strategic value for

Military-industrial of the   and security

Federation, also societies direct

indirect control,  notify the federal authority

authority, delegate   take action

legalization (laundering)  revenues, received by by criminal means, and

financing of terrorism, about each opening, closing, editing

accounts, covered style="mso-spacerun:yes"> (deposited) in

foreign banks, in conclusion, avoidance of contracts bank

accounts, of banking contracts style="mso-spacerun:yes"> (deposit) with foreign

banks and contributing changes, and Exclusion

valuable foreign papers style="mso-spacerun:yes"> banks in order, installed

Government of the Russian Federation (in  of the Federal Law of

29 December 2014 N 484-FZ-Legislative Assembly class="Gram" "> Russian

Federation, 2015, N 1, st. 37).

4. Economic societies with a strategic value for

Military-industrial of the   and security

Federation, also societies direct

indirect control, to the right style="mso-spacerun:yes"> open

s

covered

(deposits) letters of credit, banking contracts,

contracts of bank of the (deposits) with state

Development Bank

style="mso-spacerun:yes"> and activity

(Vnesheconombank) " subject to article 3, paragraph 4, class="Grammes "> Federal

Act of 17 May 2007 N 82-FZ on Development Bank.

5. Government of the Russian Federation has the right to determine

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} { \b

}

{ \b style="mso-spacerun:yes"> right

implement business   societies, strategic

value for  The defence industry and

Russian Federation, as well as societies under style="mso-spacerun:yes"> direct

or indirect control, with individual credit organizations, as

relevant requirements set by style="mso-spacerun:yes"> 2 of this

Federal of the Law, style="mso-spacerun:yes"> and corresponding

requirements, with such credit organizations not included style="mso-spacerun:yes"> in

list provided for in Part 3 of Article 2 of this Federal

law

6. Under the economic society, strategic

value for  The defence industry and

Russian Federation, in Federal law

understands:

1) Business Society style="mso-spacerun:yes"> ( credit

organizations), included in the  and

strategic joint-stock companies, approved by the decree style="mso-spacerun:yes"> President

Russian Federation of August 4, 2004 N 1009 " On Assert

list of strategic enterprises  and Shareholdings

;

2) Business Society style="mso-spacerun:yes"> ( credit

organizations), included in an approved  By the Government of the Russian Federation

Federation List Open societies, in

position definition style="mso-spacerun:yes"> Shareholder-

questions about how to delegate to a general meeting

shareholders, issues of in meeting

shareholders, nominating candidates for government,

audit and even commissions, requests

the general general meeting

extraordinary general shareholders meeting, voting on questions

agenda of the general meeting of shareholders  and harmonization of directives

Russian  and representatives

Russian Federation on the Board of Directors (  tips)

is implemented by the Russian Federation Government, President

Governments Russian  

Deputy Chairman of the Government of the Russian Federation  or

in Approved By the Government style="mso-spacerun:yes"> Russian list

public joint-stock societies, the definition

Russian Federation  on nominations

candidates for control, audit , and odd

Commission, voting at general Shareholders Meetings on 

formation and style="mso-spacerun:yes"> Russiandirectives

Federations and Representatives of the Interests of the Russian Federation in the Councils

Directors ( Tips) by  votes in

Tips    (tips)

formation of a single  election

(re-election) Chairs

tips) are implemented   Russian Federation

President Governments  Russian by  

Out of   The

Russian

;

3) A business society with strategic importance class="GrameE " > for

defence of the country and  the state, in

Federal Law of 29 April 2008 N 57-FZ " Order

foreign  in in the public of the company

strategic importance for the defence style="mso-spacerun:yes"> countries

Security ", defined individual decisions

President Russian  The Russian Federation or

Federation.

7. The requirements of this article are distributed to the of the society,

  direct or indirect style="mso-spacerun:yes"> economic

Societies of Strategic Importance for Military-Industrial

Russian Federation complex and security, in case style="mso-spacerun:yes"> inclusion

specified controlled  Approved By the Government

Russian Federation List.

8. The Economic of the Society specified in of Part style="mso-spacerun:yes">

Articles that have accounts in credit organizations, which are

match requirements, set to  2

federal law and excluded from the list of credit  Organizations,

{ \cs6\f1\cf6\lang1024 } Central Bank Russian (Bank

Russia), must terminate contracts bank

credit organizations for one year with  Publish Day

Bank of Russia style="mso-spacerun:yes">

Internet Information and Telecommunications Network

list of credit organizations.

9. of the organization's from

Credit Organizations Formed by the Bank of Russia

banking

contracts of contribution  (deposits),

covered (deposited)  letters of credit were awarded

business societies specified in Part 1 of this article, c

such a credit organization cannot be extended

10. of the organization's from

Credit Organizations Formed by the Bank of Russia to Banking

account, open by bank or contract

banking deposit (deposit) specified by in

Part 1 of this article, in such a credit institution, is not style="mso-spacerun:yes"> can

be credited cash  Tools, for % to

contract of the bank of the or contribution

(deposits).

11. Economic societies, strategic value

for manufacturing  and of the Russian

Federation, also societies direct

indirect control, must sign a contract for registry

Securities logger,

requirements set by article  2-1 of this Federal

law, and provide information to the registrar prerequisite

for owners of the registry style="mso-spacerun:yes"> societies in

with  Russian Federation (Part 11

introduced Federal Law 29 December N  391-FZ -

{ \cs6\f1\cf6\lang1024

}

{ \cs6\f1\cf6\lang1024 } Russian Federation Law{ \cs6\f1\cf6\lang1024

} 11,

takes effect July 1, 2016

12. Economic societies, strategic value

for manufacturing  and of the Russian

Federation, also societies direct

which made a contract on  Registry

stock owners with registrar, has stopped

meet the requirements, installed by Article 2-1

Federal Law, must be end such a contract during

one year with positioning of the   in

information and telecommunications network  Internet Information o it

nonconformance requirements, Installed Article 2-1 of this

Federal of the law  (Part of 12 was introduced by Federal Act of 29

December 2015 N 391-FZ-  The RussianCollection

Federations, 2016, N 1, st. 11, takes effect July 1, 2016)

13. The logger's by class="GrameE " > its in

Internet Information and Telecommunications Information o it

nonconformance requirements, Installed Article 2-1 of this

Federal Law, style="mso-spacerun:yes"> registry action

owners of Securities, Business

societies with      Strategic for

Military-industrial of the   and security

Federation, also societies under their direct or

indirect control, with such recorder, cannot be extended

(part of 13  The Federal Act of December 29, 2015 style="font-size: 10.0pt; font-family: ">

391-FZ-Assembly of Russian legislation, 2016, No. 1,

11, takes effect July 1, 2016).

Article 2

1. Opening accounts and covered (deposited) letters of credit,

Contract of Banking  and bank accounts

(deposit) with economic societies,

strategic value for military-industrial

Russian Federation Security and Societies

direct or indirect style="mso-spacerun:yes"> controls, specified in  

true Federal    the law, regardless of of the currency

corresponding of the only

organizations that meet one of the following requirements:

1) A credit organization has its own funds style="mso-spacerun:yes"> (capital)

by on the state on the January in the size of  not   

set by By the government  The Russian Federation

reconcile with the Bank of Russia;

2) the credit organization is under  direct or indirect

Control of the Bank of Russia or the Russian Federation.

2. The Government of the Russian Federation may define other

credit organizations entitled to open accounts and  covered

(deposited) of letters of credit,  Banking

account and contracts of bank contribution (deposits) style="mso-spacerun:yes"> economic

societies with      Strategic for

Military-industrial of the   and security

Federation, as well as societies,  under

indirect control.

3. The Bank of Russia publishes the list on a quarterly list class="GrameE " > Credit

organizations that meet the requirements installed style="mso-spacerun:yes">

real articles, on

information and telecommunications network   "Internet". In

defined by the government   Credit Russian Federation

organization in accordance with Part 2 of this Article 

makes a change in specified by  list of

Governments Russian  of the working day

next in the day of the specified notification.

Article 2-1

1. owners of   

Societies of Strategic Importance for Military-Industrial

Russian federation

{ \cs6\f1\cf6\lang1024 &} style="mso-spacerun:yes"> societies

  or indirect   control,    can

implement only   Recorder, next

requirements:

1) The registrar does not have a share

non-residents (concept of "non-resident" is used in style="font-size: 10.0pt; font-family: ">

Federal law in the Federal Law of

10 December 2013 N 173-FZ " On Currency Regulation and  Currency

control") ;

2) Recorder is not is under indirectly

nonresident;

3) the sole executive organ of the registrar Not

have other state citizenship or not are without

;

4 processing system style="mso-spacerun:yes"> backup and archive

storage owners of the owners style="mso-spacerun:yes"> available

registrar, is located on the territory of the Russian Federation.

2. Loggable Recorder

part 1 of this articles, required to refuse in to receive style="mso-spacerun:yes"> registry

business societies,  that has strategic for

Military-industrial of the   and security

Federation, also societies below style="mso-spacerun:yes"> direct or

indirect control.

3. Loggable Recorder

Part 1 of this article, must style="mso-spacerun:yes"> on

in

Internet Information and Telecommunications Network

inconsistencies. The information, order, , and times for the

Bank locations are set by the Bank of Russia.

(Article 2-1 was introduced by Federal Act No. 29 December 2015

N 391-FZ-Assembly of Russian legislation, 2016, N

1, 100 11, takes effect July 1, 2016)

Article 3

Article 6 of the Federal Act August 7, 2001 N 115-FZ

" About countering Legalization  (laundering) revenues,

criminal by   and financing of terrorism " (Collection

Russian legislation, 2001, N 33, article 3418; 2002,

N 30, article 3029; N 44, st. 4296; 2004, N 31, est. 3224; 2006, N 31,

3452; 2007, No. 31, sect. 3993, 4011; 2010, N 30, st. 4007; N 31,

4166; 2011, N 46, sect. 6406; 2012, N 30, sect. 4172; 2013, N 26,

3207; N 44, sect. 5641; N 52, st. 6968; 2014, N 19, st. 2315,

2335) add to 1-3 as follows:

" 1-3. Cash deposit operation (contribution),

covered (deposited) letter of credit or write-off 

with (contribution), (deposited) of the letter of credit

economic societies,   with strategic for

Military-industrial of the   and security

Federations and Societies under their Direct or Indirect

{ \cs6\f1\cf6\lang1024} { \cs6\f1\cf6\lang1024}   Federal Law On Open

bank and Letters of Credit, Contracts

bank contribution    Economic societies,

strategic value for military-industrial

Russian Federation security, and in changes

legislation of the Russian Federation ", to class="GrameE " > required

control if the amount to which this operation occurs, 

or exceeds 50 million roubles or equals  amount in foreign

currency equivalent to 50 million roubles or exceeds it.

Organizations that perform operations with funds style="mso-spacerun:yes"> and

other property, notify the authorized body of each  open

accounts, covered   (deposited) letters of credit, Opinion

contracts of bank accounts, bank contributions

(deposit), acquisition of valuable  societies, in

paragraph first of this point, in order, by the bank

Russia by agreement with the.

Article 4

Commit to Federation class="Gramee " > administrative

offences (Collection of legislation style="mso-spacerun:yes"> Russian Federation

2002, N 1, st. 1; N 44, st. 4295; 2003, N 46, st. 4434; N 50,

4847, 4855; N 52, st. 5037; 2004, N 34, st. 3533; N 44,

4,266; 2005, N 1, est. 13, 40; N 19, st. 1752; N 30, st. 3131;

N 52, st. 5574; 2006, N 1, st. 4; N 2, est. 172; N 6, est. 636; N 19,

2066; N 31, st. 3433; N 45, st. 4641; N 50, st. 5281; N 52,

5498; 2007, N 1, st. 33; N 16, est. 1825; N 26, est. 3089; 2008,

N 20, article 2,259; N 52, sect. 6235, 6236; 2009, N 7, st. 777; N 29,

3597; N 30, est. 3739; 2010, N 19, st. 2291; N 28, st. 3553;

N 30, article 4005, 4007; N 31, est. 4193, 4208; N 41, st. 5193; N 49,

6409; 2011, N 1, st. 23; N 7, est. 905; N 19, st. 2714; N 27,

3873; N 30, st. 4584; N 46, st. 6406; N 47, st. 6601, 6602;

N 48, st. 6728; N 50, st. 7351, 7362; 2012, N 15, st. 1723; N 24,

3082; N 31, st. 4320, 4329; N 47, sect. 6403, 6404, 6405; N 53,

7602; 2013, N 14, est. 1666; N 19, st. 2323; N 26, st. 3207,

3208, 3209; N 27, est. 3469, 3477; N 30, est. 4025, 4029, 4031, 4040,

4044, 4081, 4082; N 31, 100 4191; N 43, sect. 5446; N 44, st. 5624;

N 48, st. 6163, 6165; N 49, sect. 6327, 6343; N 51, st. 6683, 6685,

6695, 6696; N 52, st. 6961, 6994; 2014, N 6, st. 557, 566; N 11,

1096; N 19, est. 2302, 2317, 2325, 2335; Russian newspaper,

2014, 25 June; Internet portal

(www.pravo.gov.ru), 30 June 2014, N 000120140630002,

N 0001201406300011) following changes:

1) in the first paragraph of Article 3.5  after " Part 1

Articles 15.36 " complete the ", 15.39", words

"article 15.27-1" should be replaced with "Articles 15.27-1, 15.39";

2) Chapter 15 add the following to article 15.39:

" Article 15.39. Violation of legal requirements

OF THE RUSSIAN FEDERATION class="Gramee " > required

Management of Business Societies,

Have Strategic value for

military-industrial complex and Security

Russian Federation

1. Opening accounts, covered (Deposited) letters of credit

business societies,  that has strategic for

Military-industrial of the   and security

Federation or under Their Direct or indirect

Control in Federal Law " On opening the banking

accounts and letters of credit, contracts style="mso-spacerun:yes"> bank contributions

economic societies with  Strategic for

Military-industrial of the   and security

Federation, and making changes to individual pieces of legislation

Russian Federation, , or  conclusion with by theSocieties

contracts of the bank of the and of the bank contribution

(deposits) credit   

set for this  Russian law requirements

Federation,-

will impose an administrative fine on the officials of the in

size from 100,000 to one  millions of rubles; in legal

faces 10 million to 60 million roubles.

2. Opening accounts, covered (deposited) letters of credit,

Contract of Banking  and bank accounts

Contributions of (Deposit)    Economic societies,

strategic value for military-industrial

Security of the Russian Federation, or Societies Under

their direct or indirect controls specified in the Federal Law

" About opening bank accounts style="mso-spacerun:yes"> and letters of credit

contracts of bank contribution business societies

strategic value for military-industrial

Russian Federation security, and in changes

legislative acts   Russian Federation in Credit

organizations, s for this

requirements of    Russian Federation or

purchase specified   Credit Societies of the Securities

organizations that do not meet the requirements for this

Russian Federation legislation-

will impose an administrative fine on the officials of the in

size from 100,000 to one  millions of rubles; in legal

faces 10 million to 60 million rubles. ";

3) Part 1 of Article 23.62 after the words " Parts 1 to 3 style="mso-spacerun:yes"> 15.27

(in limits of their to add words ", to 2

Articles 15.39 ";

4) Part 1 of Article 23.74 after the digits "15.38," complete the words

"Part 1 of Article 15.39,"

Article 5

1. This Federal Law comes into force days 

official publication.

2. The Russian bank publishes a list of credit   Organizations,

relevant requirements, 2

Federal Law, on official Bank of Russia   in

information and telecommunications network   Internet in

thirty days with act of Russian

Federation of Part 1, Part 1 2

Federal Law

3. Economic societies, specified in 1

federal law that has accounts in  Organizations, not

relevant requirements, 2

Federal Law, , and list   credit

organizations, generated Bank Russia, should terminate

contracts of the bank account,    credit

organizations during one year publish Bank

Russian on its in

Internet Information and Telecommunications Network

list of credit organizations.

4. The provisions of Articles 1 and 2 of the present of the Federal Act

contracts bank deposit,

covered (deposits) letters of credit and securities that were

is, respectively, opened, , or  purchased by management

the societies specified in Article 1 of this Federal law

before the day of its entry into force. The bank's expiry time

deposits (deposits), opening contracts covered by  (deposited)

letters of credit that were for  day in

true Federal Law cannot be extended

5. On Bank Account, Deposit, Open By

bank accounts, of the bank (deposit)

economic society,   specified in 1 of this

Federal Law, in  The credit of the organization, included in

list of credit organizations,  specified in Part 2 of this

Articles since the Bank of Russia published of the said list does not

cash can be credited, except interest to

bank account agreement, bank deposit agreement (deposit).

President of the Russian Federation style="mso-spacerun:yes"> V. Putin

Moscow, Kremlin

21 July 2014

N 213-FZ