Monitoring of the Federal Legislation dated 28.05.2008

Direction of the Central Bank of Russia No. 2014-U of May 26, 2008 on the Normatives of Obligatory Reserves (Reserve Requirements) of the Bank of Russia

Specifies the normatives of obligatory reserves for credit organisations from July 1, 2008.

Direction of the Central Bank of Russia No. 2003-U of April 28, 2008 on the Amendment to Item 2 of the Direction of the Bank of Russia No. 1843-U of June 20, 2007 on the Limiting Amount of Payments in Cash and Spending of Cash in the Cash Department of the Legal Entity or Independent Entrepreneur

The unconditional right to make payments in cash rests with citizens only if this does not involve entrepreneurial activities.