Game rulesAt the registrar “ the Primrose “ the licence
the Federal commission on a securities market (Federal Commission on Securities) is suspended Yesterday has suspended the licence to the specialised registrar “ the Primrose “. As have declared in the commission, the licence is suspended in connection with infringement of requirements of the law “ About a securities market “ and also Federal Commission on Securities positions. By words the press - the secretary of the commission Ilya Razbasha, the registrar has broken rules of transfer of the register, and also qualifying requirements to a management of the registrar. We will remind that in October “ the Primrose “ it has appeared it is involved in scandal round the register of shareholders Antonovsky rudoupravlenija (AR), for control over which investment company RINAKO and the company connected with Mezhprombankom " struggled affilirovannaja with group of MDM; Russian coal “. Then the register of shareholders AR has been transferred from “ Primroses “ at first to the registrar “ Alpari “ and then the companies “ The uniform registrar “.
PAVEL - PREZHENTSEV
the Federal Commission on Securities cancelled licences to four registrars
Federal Commission on Securities under the statement of the companies cancelled the licence for activity realisation on conducting the register to four registrars: the Share registration company (Moscow), to registration and transfer agency “ Volga - Rekords “ (Samara), to the Far East registration centre (Khabarovsk) and the companies “ the Transfer “ (Nizhnevartovsk).
“ the Prime - TASS “
the Central Bank liberalised opening of accounts for payment of builders
the Central Bank has allowed - to open to legal bodies to residents outside of Russia in a notifying order of the account in is hard, and also not being is hard to foreign currency for calculations under contracts international building podrjada. About it it is told in the position of the Central Bank published in “ the Bulletin of Bank of Russia “.
“ Interfax - AFI “
the Declaration on intentions
the Ministry of Property will sell state blocks of shares of actions of insurers
the Ministry of Property has prepared the project of the order of the government about transfer to the ministry of share holdings of the financial and insurance companies in which the state participates by means of the state unitary enterprises (State Unitary Enterprise). It was declared by the first deputy minister Alexander Braverman. As he said, by analogy to banks GuPy, participating in the capital of the financial and insurance companies, will transfer share holdings in the Ministry of Property, after they will be on sale.
“ a prime - TASS “
the Central Bank does not plan release of bonds
Bank of Russia does not plan release of own bonds, however does not intend to refuse possibility of their issue yet. Such point of view was stated by the vice-president of Bank of Russia Konstantin Korishchenko. As he said, the Central Bank does not intend to do any statements for issue of bonds or to refuse such possibility as the market does not feel need for it. He also has noticed that the situation when the Central Bank operates short rates arranges Bank of Russia, and the Ministry of Finance sets reference points on longer papers.
AK and M
dividends can pay without meetings of shareholders
Ministry of economic development and trade prepares amendments to the law on the joint-stock company, resolving to boards of directors to make decisions on payment of intermediate dividends without approval of meetings of shareholders. Marina Burmistrova has informed on it zamrukovoditelja department of corporate governance and new economy of the ministry. As she said, to summer of 2003 this bill will be finished, and then offered on consideration to professional participants of stock market. If it is positively apprehended, it will direct to Federal Commission on Securities. It has reminded that corresponding amendments the ministry submitted for consideration Federal Commission on Securities to the statement of the law on joint-stock company the president in the autumn of this year. However then the Federal Commission on Securities has not made these amendments to the law. As Marina Burmistrova considers, the law in force causes additional expenses for convocation of extraordinary meeting of shareholders.
Sufficiency of the Russian banks below pre-crisis level
the Indicator of sufficiency of the capital of the Russian banks has fallen below pre-crisis level of 1998. The data of Bank of Russia testifies to it. For 2001 the given indicator has fallen from level in 24,9 to 24,4 %. For the first half of the year of current year it has decreased to 23,4 % (such indicator has been fixed on July, 1st, 1998), and by October, 1st has reached 22,5 %. And in the third quarter the capital of the Russian banks has grown on 3,3 % - to 610,4 mlrd rbl.
AK and M