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Daily Monitoring of the Legislation

Monitoring of the Federal Legislation dated 21.12.2005

Decision of the Government of the Russian Federation No. 775 of December 17, 2005 on the Amendments to the Decisions of the Government of the Russian Federation No. 1013 of Augusts 13, 1997 and No. 766 of July 7, 1999

Specifies that individual fur and sheepskin items require compliance declaring (instead of obligatory certification). Besides, the list of commodities requiring compliance declaring shall include now household furniture, hand scissors for metal cutting, clocks (other than those for personal wearing), individual types of fabrics, shoes, matches and other commodities.

Decision of the Government of the Russian Federation No. 767 of December 14, 2005 on the Amendments to the Decision of the Council of Ministers - the Government of the Russian Federation No. 1090 of October 23, 1993

Highway traffic rules are amended from January 1, 2006. 24 new highway signs are introduced. In particular, these are: warning signs "Jog", "Dangerous Roadside", "Jam", prohibiting sign "Control", information sigh "General Speed Restriction", service signs "Radio", "Communication", "Water Pool or Beach".

A new wording is provided for the terms "arterial road", "organised convoy" and "separation line". A new term "roadside" is introduced.

The list of documents that must be available with the vehicle driver and be presented to the highway police shall include the token of passing of the state technical examination.

When walking on the roadside in the darkness, pedestrians are recommended to wear retro-reflecting elements to provide their visibility to drivers.

The Decision is entered into force from January 1, 2006.

Order of the Federal Service for Financial Monitoring No. 164 of November 30, 2005 on the Endorsement of the Form of the Card of Registration in the Federal Service for Financial Monitoring of Organisations Carrying out Operations with Monetary Resources or Another Property Where There Are No Enforcement Bodies

Pursuant to the reorganisation of the Committee for Financial Monitoring of Russia into the Federal Service for Financial Monitoring, endorses a new form of the card of registration in the Federal Service for Financial Monitoring of organisations carrying out operations with monetary resources or another property in the sphere of activities of which enforcement bodies are not available.

Registered in the Ministry of Justice of the Russian Federation on December 16, 2005. Reg. No. 7275.

Order of the Federal Service for Financial Monitoring No. 149 of October 26, 2005 on the Endorsement of the Regulation on the Form of Requests in Writing and the List of Officials Entitled to Send Requests to Credit Organisations

Defines a new form of requests in writing sent by the Federal Service for Financial Monitoring and its interregional departments to credit organisations to present information, including the documents or copies of documents certified appropriately, as well as the list of officials entitled to send such requests.

Registered in the Ministry of Justice of the Russian Federation on December 16, 2005. Reg. No. 7274.

Order of the Federal Service for Financial Markets No. 05-58/pz-n of November 1, 2005 on the Amendments to the Standards of Issue of Securities and Registration of Securities Prospectuses Endorsed by the Order of the Federal Service for Financial Markets of Russia No. 05-4/pz-n of March 16, 2005

The standards of issue of securities are extended to include a new subsection "Particulars of Issue of the Mortgage-Coverage Bonds" defining the requirements to the issuers of the mortgage-coverage bonds, as well as the issue of the mortgage-coverage bonds. The Order specifies the list of documents to be submitted additionally for the state registration of the issue (additional issue) of mortgage-coverage bonds and the report of the results of their issue, as well as the reasons of refusal to register the mentioned issue and report. Defines the requirements to the form of the cover sheet and the content of information included in the decision on the issue (additional issue) of the mortgage-coverage bonds.

Expands the list of documents that must be submitted for the state registration of issue and the report of the results of issue in cases of founding a joint-stock company on the basis of debtor property in the course of bankruptcy proceedings. The mentioned list shall include the document confirming the proprietary right of the issuer for immovable property if the placed securities are paid for in such a way.

The requirement of the minimum 45-day period of placing the stocks, bonds converted into stocks of certain category that are placed proportionally among all holders of stocks of this category does not apply to joint-stock companies consisting of one stock-holder, as well as if the decision on the placing of securities has been taken unanimously by all holders of voting stocks of the joint-stock company and specifies the time limit for their placing.

The Order defines the requirements to the disclosing of information by issuers of the mortgage-coverage bonds. The time limits of disclosing of the mentioned information make: no later than 1 day for the newsreel, no later than within 3 days in the Internet, no later than within 5 days when sending to the body in charge of registration.

Disclosing of information contained in the mortgage coverage register and the certificate of the amount of mortgage coverage must occur by providing access to such information to any interested parties to their request, including opportunities of obtaining the mentioned information, copy of the register and the certificate at the cost of making the copy, as well as by disclosing it in the Internet on the monthly basis.

Registered in the Ministry of Justice of the Russian Federation on December 16, 2005. Reg. No. 7271.

Order of the Ministry of Finance of the Russian Federation No. 137n of November 11, 2005 on the Amendments to the Instruction on the Procedure of Drawing up and Submission of the Annual, Quarterly and Monthly Budget Reports Endorsed by the Order of the Ministry of Finance of the Russian Federation No. 5n of January 21, 2005

Provides a new wording for all forms of the annual, quarterly and monthly budget reports endorsed by the Order of the Ministry of Finance of Russia No. 5n of January 21, 2005: balance report of execution of the budget of the chief administrator (administrator), recipient of resources of the budget (Form 0503130); balance report of receipts and spending of resources of the budget (Form 0503140), balance report of cash services of the budget (Form 0503150), balance report of execution of the budget (Form 0503120), explanatory note (Form 0503160), report of financial results of activities (Form 0503121), report of cash receipts and spendings (Form 0503123), report of execution of the budget of the chief administrator (administrator), recipient of resources of the budget (Form 0503127), monthly report of execution of the budget (Form 0503128), certificate of internal payments (Form 0503125) and the certificate of residues of monetary resources on the bank accounts of the recipient of resources of the budget (For m 0503126).

Also introduces more than 40 amendments to the Instruction on the procedure of drawing up and submission of the budget reports. Specifies, in particular, that consolidated reports shall be presented in roubles to the second decimal digit after the dot (earlier, in thousand roubles without the kopecks).

The Order is entered into force from the day of its official publication.

According to the Statement of the Ministry of Justice of the Russian Federation No. 01/9254-YeZ of November 30, 2005, the Order does not need the state registration.

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