Methodology Guidelines.pdf

The legal framework governing the activities of credit organizations in Russia is primarily outlined by several key legislative acts. These include:

1. Federal Law No. 395-ФЗ "On Banks and Banking Activities" (dated December 2, 2013): This law establishes the fundamental principles for banking operations, including licensing requirements, organizational forms, and regulatory oversight.

2. Central Bank of Russia Regulations: The Central Bank issues specific regulations that govern various aspects of banking activities, such as capital adequacy, risk management, and reporting standards.

3. Federal Law No. 115-ФЗ "On Counteracting the Legalization (Laundering) of Criminally Obtained Incomes and Financing of Terrorism" (dated August 7, 2001): This law mandates anti-money laundering measures that banks must implement to prevent financial crimes.

4. Federal Law No. 161-ФЗ "On the National Payment System" (dated July 27, 2017): It regulates payment systems and electronic money operations within Russia.

5. Civil Code of the Russian Federation: The Civil Code provides general principles applicable to banking contracts and obligations.

6. Tax Code of the Russian Federation: This code outlines tax obligations for credit organizations, including corporate income tax, VAT, and other relevant taxes.

7. Federal Law No. 262-ФЗ "On Insolvency (Bankruptcy)" (dated October 26, 2002): It governs procedures related to insolvency and bankruptcy of credit institutions.

These laws collectively ensure that credit organizations operate within a structured legal environment, maintaining financial stability and protecting consumer rights.