Monitoring of the Federal Legislation dated 1.10.2001

Decision of the Government of the Russian Federation No. 695 of September 27, 2001 on the Amendments to the List of the Regions of the Far North and Similar Localities with Restricted Time of Delivery of Cargo (Products) Endorsed by the Decision of the Go

Extends the list of the regions of the Far North and similar localities with restricted time of delivery of cargo (products) to include the villages of the some of the regions of the Republic of Altay, Republic of Tyva, Khabarovsk Territory, Murmansk, Sakhalin, Tomsk and Perm Provinces, Khanty-Mansiysk and Ust-Ordynsky Buryat Autonomous Districts

Direction of the Central Bank of Russia No. 1033-U of September 17, 2001 on the Amendments to the Regulation of the Bank of Russia No. 76-P of May 14, 1999 on the Temporary Administration for the Management of the Credit Organization

The time period for assigning the temporary administration is increased from 6 to 9 months. The Bank of Russia may prolong the time of work of the temporary administration for not more than three months. The total time of work of the temporary administration may not be greater than 12 months. The temporary administration assigned by the Bank of Russia after the revocation of the license for bank operations of the credit organization carries out its activities from the moment of its assigning till the moment of assigning of the liquidator or the moment of assigning of the receiver.
The Direction regulates the actions of the temporary administration in invalidation of the deals concluded by the credit organization before assigning the temporary administration.
The present Direction is entered into force from the day of its publication in the Herald of the Bank of Russia. The Direction is published in the Herald of the Bank of Russia on September 26, 2001, No. 59.

Instruction of the Central Bank of Russia No. 101-I of September 10, 2001 on the Procedure of Registration by Authorized Banks of Currency Operations of Residents Pertaining to Credits and Loans in Foreign Currencies Received from Non-Residents and to Loa

Sets forth the procedure of registration by authorized banks of currency operations pertaining to credits and loans in foreign currencies received by residents from non-residents, loans in foreign currencies granted by residents to non-residents and return of the mentioned credits and loans.
Lists currency operations covered by the present Instruction.
Specifies the form of the document (information on the credit contract) presented by the resident to the authorized banks and procedure of presenting the given information and other necessary information, as well as the procedure of registration by the borrower (lender) bank of currency operations on the basis of the credit contract and responsibility for the violation of the requirements of the present Instruction.
The Instruction is published in the Herald of the Bank of Russia on September 26, 2001, No. 59, and is entered into force from October 1, 2001.