О внесении изменений в отдельные законодательные акты Российской Федерации в связи с передачей Центральному банку Российской Федерации полномочий по регулированию, контролю и надзору в сфере финансовых рынков | 251-ФЗ — Russia law | Esheria

О внесении изменений в отдельные законодательные акты Российской Федерации в связи с передачей Центральному банку Российской Федерации полномочий по регулированию, контролю и надзору в сфере финансовых рынков

This provision moves many financial-market powers to the Bank of Russia and adds confidentiality rules for bank and securities information.

Jurisdiction
Russia
Instrument
Act or statute
Citation
251-ФЗ
Version
Undated source snapshot
Language
ru
Official source
View official record ↗
bankruptcy central bank powers compliance conflict of interest consumer cooperatives corporate governance credit histories custody disclosure financial market supervision financial markets fund formation and reporting information confidentiality information sharing internal control investments licensing market regulation market supervision registers registration regulatory authority changes regulatory compliance regulatory supervision +2 more

Statute overview

About this statute

This provision moves many financial-market powers to the Bank of Russia and adds confidentiality rules for bank and securities information. This provision amends multiple laws to replace many references to an “authorized federal body” with the Bank of Russia and expands Bank of Russia powers in several financial-market and pension-related rules. The Bank of Russia gets supervisory powers over unit investment funds and related entities, and several filings and reports must be sent to it. The Bank of Russia gets broad powers over financial-market regulation and supervision, and must develop a conflict-of-interest policy. The text amends multiple laws to shift regulation, supervision, reporting, and related powers to the Bank of Russia or a control authority.

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