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Vladimir Putin signed the Federal Law On Amendments to the Russian Federation Law on Commodities Exchanges and Market Trading and to particular Russian Laws and Statutes.
The federal law amends a number of the provisions of the Law On Commodities Exchanges and Market Trading, clarifying the Central Bank’s powers for monitoring compliance with the Russian Federation laws on commodities exchanges and market trading.
The amendments also require parties in non-exchange deals involving commodities traded on the exchange to provide information on these deals to the commodities exchange.
The federal law also amends provisions in the Administrative Offences Code regarding some of the Central Bank’s powers.
July 25, 2013