New Banking Act (ZBan-2) was published in the Official Gazette on 13 April 2015 and will enter into force on 13 May 2015. The new act replaces the currently valid Banking Act (ZBan-1).
On 20 March, Fitch Ratings, a leading provider of credit ratings, affirmed the following ratings of the National Clearing Centre (NCC), a key operating subsidiary of the Moscow Exchange Group:
The Central Bank of the Russian Federation (CBR) announced that its stake in MOEX capital will not be sold by 2016. The Ministry of Finance (MinFin) has approved CBR’s decision.