Monitoring of the Federal Legislation dated 16.05.2003

Decision of the Government of the Russian Federation No. 282 of May 14, 2003 on the Amendments to Some of the Acts of the Government of the Russian Federation on Improvement of Flight Safety in the Civil Aviation of the Russian Federation

The amendments pertain to the handing over of the rights to the state civil aviation inspectors to inspect the crews of air vessels of the civil aviation and to check engineering and technical support of such air vessels, including air vessels of foreign states engaged in flights to the Russian Federation and on the routes in the Russian Federation.

Decision of the Government of the Russian Federation No. 275 of May 12, 2003 on the Institution of the Customs Regime of Import to the Customs Territory of the Russian Federation of Commodities Donated to the City of St.Petersburg to Celebrate the 300th Anniversary of Its Foundation

Foreign commodities donated to the city of St.Petersburg in view of the celebration of the 300th anniversary of its foundation are imported to the Russian Federation without collection of the customs payments and application of the measures of economic policy to these commodities.
The Decision applies to legal relations emerging from January 1 through December 31, 2003 and is entered into force from the day of its official publication.

Decision of the Government of the Russian Federation No. 266 of May 8, 2003 on the Contests to Select the Specialised Depositary and Management Companies to Conclude the Contract of the Pension Fund of the Russian Federation to Render the Services of the Specialised Depositary and the Trust Contract for the Resources of Accumulated Pensions

The organiser of the contests is the Ministry of Finance of the Russian Federation. The contests shall be arranged no earlier than 4 months before the expiry of the earlier concluded contract for the services of the specialised depositary and no later than July 1 of each year when selecting the management companies.
The Decision institutes the criteria to the parties permitted to participate in the contest.

Direction of the Central Bank of Russia No. 1277-U of May 12, 2003 on the Invalidation of Individual Normative Acts of the Bank of Russia

Invalidates the Regulation of the Bank of Russia No. 24-P of April 10, 1998 on the procedure of examination in the Bank of Russia of requests of the territorial institutions of the Bank of Russia and the heads of interim administrations of the recall from credit organisations of licenses for bank operations with amendments.
The Direction is entered into force 10 days after the day of its official publication in the Herald of the Bank of Russia.

Order of the Federal Commission for Securities Market No. 03-793/r of April 23, 2003 on the Endorsement of the Qualification Minimum for the Specialised Examination of the Heads, Controllers and Specialists of Organisations Engaged in Brokerage and/or Dealers' Activities

Endorses the minimum thematic list of questions, legislative and normative documents to be mastered on obligatory basis by the heads, controllers and specialists of organisations engaged in brokerage and/or dealers' activities.

Order of the Federal Commission for Securities Market No. 03-794/r of April 23, 2003 on the Endorsement of the Qualification Minimum for the Specialised Examination for the Heads and Specialists of Specialised Depositaries of Investment Funds, Shared Investment Funds and Non-State Pension Funds

Endorses the minimum thematic list of questions, legislative and normative documents to be mastered on obligatory basis by the heads and specialists of specialised depositaries of investment funds, shared investment funds and non-state pension funds.

Order of the Federal Commission for Securities Market No. 03-795/r of April 23, 2003 on the Endorsement of the Qualification Minimum for the Specialised Examination of the Heads, Controllers and Specialists of Organisations Engaged in Organisation of Trade at Securities Market (Stock Exchange Activities) and/or Clearing Activities

Endorses the minimum thematic list of questions, legislative and normative documents to be mastered on obligatory basis by the heads, controllers and specialists of organisations engaged in activities in organisation of trade at securities market (stock exchange activities) and/or clearing activities.

Order of the Federal Commission for Securities Market No. 03-769/r of April 23, 2003 on the Endorsement of the Qualification Minimum for the Specialised Examination of the Heads, Controllers and Specialists of Organisations Engaged in the Keeping of the Register of Holders of Registered Securities

Endorses the minimum thematic list of questions, legislative and normative documents to be mastered on obligatory basis by the heads, controllers and specialists of organisations engaged in the keeping of the register of holders of registered securities.