On publication of the Information letter by the Bank of Russia (Directive 3253-U)

27 March 2015
Print version

Dear clients,

Please be advised that today, 27 March, 2015, an Information letter has been published on the Bank of Russia’s official website.

Information letter stipulates that ‘Bank of Russia deems it possible from 1 April 2015 to the date of entering into force of the Ordinance 3567-U not to use remedial measures stipulated by Russian legislation against entities failed to provide to a repository information required by point 3 of Bank of Russia Ordinance 3253-U’

In accordance with the letter, mandatory reporting on the rest of derivative trade types is rescheduled from 1 April, 2015 to 1 October, 2015.

Full text of the letter is available on the Bank of Russia’s official web-site.

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