12.06.2017

C h a n g e s   i n   R u s s i a n   B a n k i n g   L a w :    
U n i v e r s a l   B a n k s   a n d   B a n k s   w i t h   a    
B a s i c   L i c e n s e  

On 1 June 2017, the Federal Law No. 92-FZ dated 1 May 2017 came into force that, in particular, established two categories of Russian banks depending of a list of permitted operations: banks with a universal license and banks with a basic license, as well as provided for new requirements for the minimum amount of the charter capital of credit institutions. 

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Contacts:               

Yana Dianova
Director of Corporate and Commercial Law Department
GRATA International (Moscow)
Tel: +7 (495) 660 11 84
Locations
Author: Yana Dianova
Location:
Moscow, Russia
Industry:
Banking & Finance
Industry & Trade
Practice area:
Contracts
Corporate
Data Protection & Privacy
Employment
Finance and Securities
Intellectual Property
Project Finance & Public-Private Partnership (PPP)
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