INSTRUCTION OF CENTRAL BANK OF THE RUSSIAN FEDERATION

of March 21, 2025 No. 7013-U

About procedure for appointment, activities and termination of activities of temporary administration of foreign bank at which it is withdrawn the license for banking operations for activities implementation in the territory of the Russian Federation through the branch, and also about procedure and form of its report before the Bank of Russia (is cancelled)

This Instruction based on parts five and the thirteenth article 23.8 of the Federal law "About Banks and Banking Activity" (in edition of the Federal Law of February 3, 1996 No. 17-FZ) establishes:

procedure for appointment of temporary administration of foreign bank at which it is withdrawn the license for banking operations for activities implementation in the territory of the Russian Federation through the branch (is cancelled);

procedure for activities of temporary administration of foreign bank at which it is withdrawn the license for banking operations for activities implementation in the territory of the Russian Federation through the branch (is cancelled);

procedure for the termination of activities of temporary administration of foreign bank at which it is withdrawn the license for banking operations for activities implementation in the territory of the Russian Federation through the branch (is cancelled);

procedure and report form of temporary administration of foreign bank at which it is withdrawn the license for banking operations for activities implementation in the territory of the Russian Federation through the branch, before the Bank of Russia (is cancelled).

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