FEDERAL LAW OF THE RUSSIAN FEDERATION

of December 27, 2019 No. 507-FZ

About introduction of amendments to article 20 of the Federal law "About Banks and Banking Activity" and the Federal Law "About Insolvency (Bankruptcy)" regarding development of tools of the financial market

Accepted by the State Duma on December 18, 2019

Approved by the Federation Council on December 23, 2019

Article 1

Bring in article 20 of the Federal law "About Banks and Banking Activity" (in edition of the Federal Law of February 3, 1996 No. 17-FZ) (Sheets of the Congress of People's Deputies of RSFSR and the Supreme Council of RSFSR, 1990, No. 27, Art. 357; Russian Federation Code, 1996, No. 6, Art. 492; 1998, No. 31, Art. 3829; 2001, No. 26, Art. 2586; No. 33, Art. 3424; 2002, No. 12, Art. 1093; 2005, No. 1, Art. 18; 2006, No. 19, Art. 2061; 2009, No. 9, Art. 1043; 2010, No. 31, Art. 4193; 2011, No. 49, Art. 7069; 2012, No. 31, Art. 4333; No. 53, Art. 7607; 2014, No. 52, Art. 7543; 2015, No. 1, Art. 37; 2016, No. 1, Art. 23; 2017, No. 18, Art. 2661, 2669; No. 30, Art. 4456; 2018, No. 18, Art. 2560; 2019, No. 22, Art. 2661) following changes:

1) the paragraph the fourth item 4 of part nine to add with words ", except as specified discharge from financial contracts and determination net - obligations according to the procedure, the stipulated in Article 4.1 Federal Laws "About Insolvency (Bankruptcy)";

Item 7 parts thirteen to state 2) in the following edition:

"7) to stop obligations from financial contracts and to determine net - the obligation according to the procedure, the stipulated in Article 4.1 Federal Laws "About Insolvency (Bankruptcy)";".

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