Monitoring of the Federal Legislation dated 23.12.2011

Direction of the Central Bank of Russia No. 2742-U of December 9, 12011 on the Amendments to the Direction of the Bank of Russia No. 2332-U of November 12, 2009 on the List, Forms and Procedure of Drawing up and Submission of the Forms of Reports of Credit Organisations to the Central Bank of the Russian Federation

Adjusts the forms of reports of credit organisations, as well as the rules of their drawing up and submission.

Direction of the Central Bank of Russia No. 2749-U of December 12, 2011 on the Amendments to the Regulation of the Bank of Russia No. 2-P of October 3, 2002 on Cashless Payments in the Russian Federation

Direct debit procedure is permitted only on the basis of encashment orders.

Order of the Federal Tax Service No. MMV-7-2/891@ of November 21, 2011 on the Amendments to the Order of the Federal Tax Service of Russia No. MM-3-2/152@ of April 9, 2008 on the Endorsement of the Forms of the Application for Registration of Cash Registers, the Ledger of Cash Registers and the Registration Card for Cash Registers

Endorses a new form of the application for the registration of cash registers.

Direction of the Central Bank of Russia No. 2723-U of October 31, 2011 on the Insider Information of the Bank of Russia

Specifies the list of insider information to be placed on the official site from January 1, 2012.

Order of the Ministry of Public Health and Social Development of the Russian Federation No. 1054n of September 20, 2011 on the Endorsement of the Administrative Regulation of the Social Insurance Fund of the Russian Federation on the Provided State Service of Registration and Removal from Records of Natural Person Insurants Having Concluded a Labour Contract with an Employee

Specifies the above procedure.

Decision of the Plenum of the Higher Arbitration Court of the Russian Federation No. 71 of November 10, 2011 on the Amendments to Certain Decisions of the Plenum of the Higher Arbitration Court of the Russian Federation on the Processing of Cases of Administrative Violations by Arbitration Courts and Invalidation of the Decision of the Plenum of the Higher Arbitration Court of the Russian Federation No. 41 of June 20, 2007 on the Application by Arbitration Courts of Article 14 of the Federal Law on the Executive Proceedings Inasmuch As It Pertains to the Regulation of the Deadlines of Presentation for Execution of Decisions of the Bodies (Officials) in Charge of the Processing of the Cases of Administrative Violations

Updates a number of explanations on the rules of processing of the cases of administrative violations by arbitration courts.

Information Letter of December 20, 2011 on the Information Necessary for the Calculation of the Tax on Extraction of Mineral Resources for Oil for November 2011

The tax rate is higher in November.

Letter of the Federal Tax Service No. YeD-4-3/21748@ of December 20, 2011 on the Recommended Forms of Documents for Registration of Objects of Taxation for the Tax on the Gambling Business

Processing centres, sweepstakes and bookmaker offices are subject to the tax on the gambling business.

Information of the Central Bank of Russia of December 23, 2011

The rate of refinancing is reduced from 8.25% to 8%.