Monitoring of the Federal Legislation dated 28.10.2019

Information of the Bank of Russia of October 25, 2019 - the Bank of Russia has decided to reduce the key rate by 50 basic points to 6.50% per annum

Regulations of the Bank of Russia No. 688-P of July 16, 2019 - approves the procedure for, and specifics of, transferring the insurance portfolio, as well as the procedure and conditions for reimbursing the missing part of assets by a professional association of insurers, and also the procedure for coordinating the transfer of the insurance portfolio with the Bank of Russia in the cases cited in Item 1 of Article 184.9 of the Federal Law on Insolvency (Bankruptcy)