Monitoring of the Federal Legislation dated 5.12.2011

Federal Law No. 391-FZ of December 3, 2011 on the Amendments to the Federal Law on the Banks and Banking Activities

Increases capitalisation of the banking sector.

Federal Law No. 390-FZ of December 3, 2011 on the Amendments to the Federal Law on Insolvency (Bankruptcy) and Article 3 of the Federal Law on the Amendments to the Federal Law on Insolvency (Bankruptcy) and Invalidation of Parts 18, 19 and 21 of Article 4 of the Federal Law on the Amendments to the Federal Law on Insolvency (Bankruptcy)

Introduces a special procedure in the cases of bankruptcy of credit cooperatives.

Federal Law No. 383-FZ of December 3, 2011 on the Amendments to Individual Legislative Acts of the Russian Federation

The amendments pertain to the pre-trial appealing in the cases of provided state and municipal services.

Federal Law No. 381-FZ of December 3, 2011 on the Amendments to the Federal Law on Additional Measures Enhancing Stability of the Banking System in the Period until December 31, 2011 and Article 4 of the Federal Law on the Amendments to the Federal Law on Non-Commercial Organisations and Individual Legislative Acts of the Russian Federation

Prolongs the powers of the Deposit Insurance Agency.