FEDERAL LAW OF THE RUSSIAN FEDERATION

of December 30, 2021 No. 484-FZ

About introduction of amendments to the Federal law "About the Central Bank Russian Federation (Bank of Russia)" and the Federal Law "About Insolvency (Bankruptcy)"

Accepted by the State Duma on December 16, 2021

Approved by the Federation Council on December 24, 2021

Article 1

Bring in the Federal Law of July 10, 2002 No. 86-FZ "About the Central bank the Russian Federation (Bank of Russia)" (The Russian Federation Code, 2002, No. 28, Art. 2790; 2013, No. 27, Art. 3438; 2014, No. 30, Art. 4219; No. 52, Art. 7543; 2017, No. 18, Art. 2661, 2669; No. 31, Art. 4830; 2018, No. 11, Art. 1588; No. 32, Art. 5115; 2019, No. 18, Art. 2198; No. 52, Art. 7787; 2020, No. 14, Art. 2021; 2021, No. 1, Art. 18; Russian newspaper, 2021, on December 10) following changes:

Shall be replaced with words 1) in part eight of Article 38 of the word "refunding rates" "key interest rate";

Item 7 parts three of Article 74 to state 2) in the following edition:

"7) to introduce for a period of up to one year restriction for the size of interest rate which the credit institution determines in the bank deposit agreements signed (prolonged) during restriction action, in the form of the maximum value of interest rate, but it is not lower than two thirds corresponding on the term and currency of contribution of the average arithmetic interest rate calculated by the Bank of Russia from weighted average interest rates on the deposits attracted with the Russian credit institutions in rubles, to deposits in US dollars, to deposits to euro. At the same time the latest is used as of Date of Introduction of restriction the average arithmetic interest rate published on the official site of the Bank of Russia on the Internet. For the purpose of realization of this measure calculation of interest rate to which restriction is applied is performed proceeding from the maximum profitability on bank deposit agreement taking into account other material benefit and other conditions of attraction of contribution.";

3) in Article 75 part five:

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