Wednesday, July 6, 2022
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Date: July 6, 2022 4:18 am

At a meeting on Wednesday, June 22, the State Duma will consider in first reading a bill that establishes the details of the regulation of corporate relations in 2022, as well as a series of measures to regulate the financial market, the possibility of reorganize credit institutions and sort data on Russia’s gold and foreign exchange reserves. The bill, initiated by the Russian government, will be presented at the meeting by Ilya Torosov, first deputy head of the Ministry of Economic Development.

The document proposes to change the status of information on the size of reserves, which is not subject to classification as state secrets and classification, to the status of information with respect to which this regime can be established, TASS writes.

The bill also proposes to provide for additional powers of the Board of Directors of the Central Bank of the Russian Federation as part of anti-sanction measures in terms of the possibility of establishing special requirements for the activities of the subjects of the national payment system, for purchasers of shares of a credit institution or a non-credit financial institution; requirements for the procedure of acquisition of shares in banks.

The day before it became known that the European Union is considering gold as a new object of sanctions against Russia.


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