Windfall tax for major companies to be introduced in Russia

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Daily Monitoring of the Legislation

Monitoring of the Federal Legislation dated 8.11.2023

Decision of the Board of Directors of the Bank of Russia, dated October 27, 2023 - on the levels of credit ratings established in accordance with Direction of the Bank of Russia No. 4075-U of July 19, 2016: levels of credit ratings are revised with respect to some assets for calculating equity capital of investment fund management companies, non-governmental pension funds and license applicants.

Order of the Ministry of Finance No. 158n of October 4, 2023 - on amendments to certain Orders of the Ministry of Finance of the Russian Federation on implementation of internal financial audit

Resolution of the Board of the Eurasian Economic Commission No. 153 of October 31, 2023 - amendments to the Common Commodity Nomenclature of Foreign Economic Activity of the Eurasian Economic Union and the Common Customs Tariff of the Eurasian Economic Union in relation to certain types of fertilizers

Resolution of the Board of Directors of the Bank of Russia, dated October 27, 2023 - on the levels of credit ratings established in accordance with Direction of the Bank of Russia No. 4028-U of May 30, 2016: the Bank of Russia determined new levels of long-term credit rating for a number of assets accepted for calculating its own NPF funds.

Decision of the Board of Directors of the Bank of Russia, dated October 27, 2023 - on the levels of credit ratings established in accordance with Regulations of the Bank of Russia No. 580-P of March 1, 2017: the Central Bank of the Russian Federation updated credit ratings for the purpose of investing pension funds and savings for providing military personnel with dwelling premises.

Decision of the Board of Directors of the Bank of Russia, dated October 27, 2023 - on the levels of credit ratings established in accordance with Direction of the Bank of Russia No. 5873-U of August 2, 2021: the levels of credit ratings for calculating the mandatory capital adequacy ratio of professional participants in the securities market have been updated.

Decision of the Board of Directors of the Bank of Russia, dated October 27, 2023 - on the levels of credit ratings established in accordance with Direction of the Bank of Russia No. 5343-U of December 5, 2019: the Bank of Russia updated the levels of credit ratings used in order to comply with the requirements for the formation of the pension reserves.

Decision of the Board of Directors of the Bank of Russia, dated October 27, 2023 - on the levels of credit ratings established in accordance with Direction of the Bank of Russia No. 5099-U of March 22, 2019: professional activities in the securities market - credit rating levels for calculating equity have been updated.

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