The Central Bank Of The Russian Federation (Bank Of Russia)

Original Language Title: О Центральном банке Российской Федерации (Банке России)

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RUSSIAN FEDERATION

FEDERAL LAW

About the Central Bank of the Russian Federation (Bank of Russia)

Adopted by the State Duma 27 June 2002

(reed. Federal Act of 10 January 2003 N 5-FZ-

Russian Law Collection, 2003, N 2, Article 15 7;

Federal Law From 23 December 2003 N 180-FZ-Assembly

Russian Federation Federation, 2003, N 52, st. 5032;

Federal Law of June 2004 N 58-FZ - To

Russian Federation Federation, 2004, N 27, st. 2711;

Federal Law of July 2004 N 97-FZ - To

Russian Federation Federation, 2004, N 31, st. 3233;

Federal Law of June 2005 N 61-FZ -Collection

Russian Federation Federation, 2005, N , st. 2426;

Federal Law of July 2005 N 90-FZ - To

Russian Federation Federation, 2005, N 30, st. 3101;

Federal Law of May 2006 N 60-FZ -Collection

Russian Federation Federation, 2006, N 19, st. 2061;

Federal Law June 2006 N 85-FZ -Collection

Russian Federation Federation, 2006, N , st. 2648;

Federal Law of 29 December 2006 N 246-FZ-Assembly

Russian Federation Federation, 2007, N 1, st. 9;

Federal Law of 29 December 2006 N 247-FZ-Assembly

Russian Federation Federation, 2007, N 1, st. 10;

Federal Law of March 2 2007 N 24-FZ- To

Russian Federation Federation, 2007, N , st. 1151;

Federal Law of March 26 2007 N 63-FZ-Collection

Russian Federation Federation, 2007, N 18, st. 2117;

Federal Law of October 13 2008 N 171-FZ-Assembly

Russian Federation Federation, 2008, N 42, st. 4696;

Federal Law of October 13 2008 N 174-FZ Assembly

Russian Federation Federation, 2008, N 42, st. 4699;

Federal Law of October 2008 N 176-FZ-Assembly

Russian Federation Federation, 2008, N 44, st. 4982;

Fed of Law 25 December 2008 N 274-FZ-Assembly

Russian Federation Federation, 2008, N 52, st. 6229;

Fed of Law 25 December 2008 N 276-FZ-Assembly

Russian Federation Federation, 2008, N 52, st. 6231;

Fed of the Law of 30 2008 N 317-FZ-Assembly

Federation Federation, 2009, N 1, st. 25;

Federal Law of July 2009 N 192-FZ -Meeting

Russian Federation Federation, 2009, N 29, st. 3629;

Federal Law of Nov. 25 2009 N 281-FZ-Assembly

Russian Federation Federation, 2009, N 48, st. 5731;

Federal Law of 2010 N 291-FZ-Collection

Russian Federation Federation, 2010, N 45, st. 5756;

Federal Law of February 2011 N 10-FZ-Collection

Russian Federation Federation, 2011, N 7, st. 907;

Federal Law June 2011 N 162-FZ -Collection

Russian Federation Federation, 2011, N 27, st. 3873;

Federal Law of October 19 2011 N 285-FZ-Assembly

Russian Federation Federation, 2011, N 43, st. 5973;

Federal Law Nov. 21 2011 N 327-FZ-Assembly

Russian Federation Federation, 2011, N 48, st. 6728;

Federal Law of December 2012 N 231-FZ-Assembly

Russian Federation Federation, 2012, N 50, st. 6954;

Federal Law December 25 2012 N 266-FZ-Assembly

Russian Federation Federation, 2012, N 53, st. 7591;

Federal Law of 29 December 2012 N 282-FZ

Russian Federation Federation, 2012, N 53, st. 7607;

Fed March 14 2013 N 29-FZ -Assembly

Russian Federation Federation, 2013, N 11, st. 1076;

Federal Law of April 2013 N 41-FZ -Assembly

Russian Federation Federation, 2013, N 14, st. 1649;

Federal Law of 7 May 2013 N 102-FZ - To

Russian Federation Federation, 2013, N 19, st. 2329;

Federal Law July 2013 N 146-FZ- -Collection

Russian Federation Federation, 2013, N 27, st. 3438;

Federal Law July 2013 N 184-FZ -

To

Russian Federation Federation, 2013, N 27, st. 3476;

Federal Law July 2013 N 185-FZ -Collection

Russian Federation Federation, 2013, N 27, st. 3477;

Federal Law July 2013 N 251-FZ -Assembly

Russian Federation Federation, 2013, N 30, st. 4084;

Federal Law of 2 December N 335-FZ-Assembly

Russian Federation Federation, 2013, N 49, st. 6336;

Federal Law of December 2013 N 375-FZ-Assembly

Russian Federation Federation, 2013, N 51, st. 6695;

Federal Law of December 2013 N 379-FZ-Assembly

Russian Federation Federation, 2013, N 51, st. 6699;

Fed of Law 28 December 2013 N 410-FZ-Assembly

Russian Federation Federation, 2013, N 52, st. 6975;

Federal Law of 5 May 2014 N 106-FZ -Collection

Russian Federation Federation, 2014, N 19, st. 2311;

Federal Law of 5 May 2014 N 112-FZ -Collection

Russian Federation Federation, 2014, N 19, st. 2317;

Federal Law June 28, 2014 N 189-FZ -Collection

Russian Federation Federation, 2014, N 26, st. 3395;

Federal Law of July 2014 N 202-FZ -Collection

Federation Federation, 2014, N 27, st. 3634;

Federal Law of July 2014 N 218-FZ -Collection

Russian Federation, 2014, N 30, st. 4219;

Federal Law of October 4 2014 N 287-FZ-Assembly

Russian Federation Federation, 2014, N 40, st. 5318;

Federal Law of Nov. 4 N 344-FZ-Collection

Russian Federation Federation, 2014, N 45, st. 6154;

Federal Law of December 2014 N 432-FZ-Assembly

Russian Federation Federation, 2014, N 52, st. 7543;

Federal Law of 29 December 2014 N 451-FZ-Assembly

Russian Federation Federation, 2015, N 1, st. 4;

Federal Law of 29 December 2014 N 484-FZ-Assembly

Russian Federation Federation, 2015, N 1, st. 37;

Federal Law of June 2015 N 167-FZ

Russian Federation Federation, 2015, N 27, st. 3958;

Federal Law of June 2015 N 210-FZ -Collection

Russian Federation Federation, 2015, N 27, st. 4001;

Federal Law of July 2015 N 222-FZ -Assembly

Russian Federation Federation, 2015, N 29, st. 4348;

Federal Law of July 2015 N 231-FZ -Collection

Russian Federation Federation, 2015, N 29, st. 4357;

Federal Law of 5 October 2015 N 285-FZ-Assembly

Russian Federation Federation, 2015, N 41, st. 5639;

Federal Law of 29, December 2015 N 403-FZ-Assembly

Russian legislation Federation, 2016, N 1, st. 23;

Federal Law 30 December 2015 N 426-FZ

Russian Federation Federation, 2016, 1, st. 46;

Federal Law 30 December 2015 N 430-FZ-Assembly

Russian legislation, 2016, N 1, art. 50)

CHAPTER I. GENERAL PROVISIONS

Article 1: Status, Activities, Functions and Authority

Central Bank of Russian Federation (Bank of Russia) defined

Constitution of the Russian Federation, by this Federal Law and

other federal laws.

Functions and powers provided by the Constitution of the Russian Federation

Federation and this Federal Law, the Bank of Russia

independently from other

Federal public authorities

State authorities of the Russian Federation

Local governments.

The Bank of Russia is a legal person. Bank has

printing with the Russian Federation State emblem and

with its name.

The location of the central Bank of

Moscow.

Article 2: The and property of the Russian bank

The

federal property. In accordance with the objectives and in

order, of which are set by this Federal Law, Bank

Russian performs ownership, use

Russia's property of , including gold-currency

reserves of the Bank of Russia. Check out and the burden of obligations

specified property without Bank of Russia approval is not allowed if

is not otherwise provided by federal law.

The State does not meet the Bank of Russia's obligations, but the Bank

Russia-State obligations if they do not accept

such commitments or if other federal

laws.

The Bank of Russia performs its expense account for

revenue.

Article 3: The Bank of Russia's activities are aimed at:

security and stability of the ruble;

Development and strengthening of the banking system of the Russian Federation;

ensuring stability and Paymentdevelopment

system (s) Federal Law of June 27, 2011 N 162-FZ-

The legislation of the Russian Federation, 2011, N 27, st.

3873);

Development of the financial market of the Russian Federation (paragraph entered

Federal Law of 23 July 2013 N 251-FZ - Collection

Russian legislation, 2013, N 30, art. 4084);

Financial of the Russian market

Federation (Paragraph is introduced by the Federal Act of 23 July 2013. N

251-FZ-Legislative Assembly of the Russian Federation Federation, 2013,

30, article 4084).

The profit receipt is not the goal of the Bank of Russia.

Article 4: The Bank of Russia performs the following functions:

1 in The Russian Federation

develops and performs a single public monetary

policy;

1-1) in conjunction with the Russian Federation

develops and

stability of the financial financial market

Federation (Paragraph 1-1 was introduced by Federal Law of 23 July 2013.

N 251-FZ-Legislative Assembly of the Russian Federation, 2013, N

30, art. 4084);

2) exclusively carries out the emission of cash and organizes

cash circulation;

2-1) approves graphic as a sign

(Paragraph 2-1 was introduced by Federal Law of June 12, 2006). N 85-FZ-

Russian Federation 2006, 2006, N 25, st.

2648);

3 is the last lender for for credit

organizations, arranges their refinancing;

4) sets rules for the calculation of in

;

4-1) supervises and monitors the national payment

system (para. 4-1 by Federal Act of June 27, 2011) N

162-FZ -Collection of Russian legislation, 2011, N

27, art. 3873);

5) sets rules for bank operations;

6 performs all levels

Russian budget system, if different is not installed

federal laws, by means of calculations on instructions

authorized and state authorities

offbudget funds to which the execution organization is responsible

and budget execution;

7 performs effective gold-currency

Bank of Russia reserves;

8) accepts State Registration of Credit

organizations, give credit

banking operations, pauses them and

revoes them;

8-1) takes registration

Non-State pension funds (para. 8-1 introduced by the Federal

Act of 28 December 2013 N 410-FZ-Legislative Assembly

Russian Federation, 2013, N 52, Art. 6975);

9) supervises credit organizations

and bank groups (further-banking supervision)

9-1) performs control, control

activities of non-credit financial organizations in

federal laws (Paragraph 9-1 was introduced by Federal Law of 23

July 2013 N 251-FZ - The legislature

Federation, 2013, N 30, art. 4084);

10) registers release notes

and securities prospectus, to register release results

missive securities The Federal Law of 23 July

2013 N 251-FZ-Assembly of Russian legislation,

2013, N 30, art. 4084);

10-1 oversees and monitors compliance by issuers

Shareholdings

Shareholdings

companies and of securities (Paragraph 10-1 introduced by Federal Law

dated July 23, 2013 N 251-FZ-Legislative Assembly of the Russian Federation

Federation, 2013, N 30, art. 4084);

10-2) performs control, control in

corporate relations in joint-stock companies (para. 10-2

Federal Law of 23 July 2013 N 251-FZ - Collection

Russian legislation, 2013, N 30, art. 4084);

11) performs on its own or on behalf of the Government

Russian Federation All Types of Banking Operations and Other

required to perform Bank of Russia functions;

12) organizes and currency

currency control in with Russian law

;

13) determines how calculations are to be carried out with international

organizations, foreign states, and legal and

individuals;

14) approves industry accounting standards for

credit organizations, Bank of Russia and financial

organizations, the account for credit

organizations and how to apply it, Chart of Accounts for the Bank of Russia

The

and order of the application's order Federal Act of 23 July

2013 N 251-FZ-Assembly of Russian legislation,

2013, N 30, art. 4084);

14-1) approves account's accounting for

non-credit of financial organizations and how it is applied (item

14-1 is introduced by the Federal Act of 23 July 2013 N 251-FZ

The legislation of the Russian Federation, 2013, N 30, st.

4084);

15) installs and publishes official courses

currency against the ruble;

16) takes part in the development of the balance of payments forecast

Russian Federation and Organize Balance of Payments

Russian Federation;

16-1) takes part in the development

Financial Russian System

and will organize the financial account of the account

Federation (Paragraph 16-1 by Federal Law of 19 October 2011

g. N 285-FZ-Assembly of Russian legislation, 2011,

N 43, art. 5973);

16-2) performs official

investments in the Russian Federation and direct investment from the Russian Federation

Federation Abroad according with Russian Law

Federations (paragraph 16-2 was introduced by Federal Law of 23 July 2013).

N 251-FZ-Legislative Assembly of the Russian Federation, 2013, N

30, art. 4084);

16-3) form the statistical methodology

direct investments in Russian Federation and Direct Investments from

Russian Federation Abroad, List of Respondations,

how to provide raw statistics for direct

investments, including Federal Statistical Forms

(para. 16-3 of the Federal Law of July 23, 2013) N 251-FZ

Russian Law Assembly, 2013, N 30, st.

4084);

17) (Paragraph 17 is no more effective under federal law

21 November 2011 N 327-FZ-Legislative Assembly of the Russian Federation

Federations, 2011, N 48, art. 6728)

18 conducts Analysis

Russian Federation publishes related and

statistical data (reed. Federal Act of 23 July 2013

g. N251-FZ-Assembly of Russian legislation, 2013,

N 30, art. 4084);

18-1) performs payment of the Bank of Russia on deposits of physical

persons in bankrupt bankrupts

required insurance banks

Russian Federation, in cases and order,

Federal by law (para. 18-1 by Federal Law of 29

July 2004 N 97-FZ - Collection of the Russian

Federation, 2004, N 31, art. 3233);

18-2) is the International currency

fund in Federation

deals, Articles of the International

Foreign exchange fund and contracts with the International Monetary Fund (item

18-2 is introduced by the Federal Law of 3 November 2010 N 291-F

The legislation of the Russian Federation, 2010, N 45, st.

5756);

18-3) performs control requirements

Russian Federation Countermeasures

illegal using insider

Manipulation of the market (paragraph 18-3 introduced by Federal Law of 23

July 2013 N 251-FZ - The legislature

Federation, 2013, N 30, art. 4084);

18-4) protects the rights and legitimate interests of shareholders

and investors in financial markets, insured, insured

faces and beneficiary-recognized in accordance with

insurance legislation,

mandatory pension insurance, contributors and

Non-State Pension

pension security (para. 18-4 introduced by Federal by Law

23 July 2013 N 251-FZ-Legislative Assembly of the Russian Federation

Federation, 2013, N 30, art. 4084);

18-5) organizes services

on e-transfer

financial transaction messages ( - financial messages)

(para. 18-5) was introduced by Federal Law of June 29, 2015. N 210-FZ

Russian Law Assembly of the Russian Federation, 2015,

4001);

19 performs other functions in with federal

laws.

Article 4-1. Bank of Russia

federal laws,

implement prevention policy, identificationand control

conflicts of interest (Article 4-1 introduced by Federal Law of 23

July 2013 N 251-FZ - The legislature

Federation, 2013, N 30, st. 4084).

Article 5: The Russian State Duma

Federal Assembly of the Russian Federation.

State Duma:

appoints and dismiss the Chair

Bank of Russia on the proposal of the President of the Russian Federation;

assigns the post to from members

View of the President of the Bank of Russia Agreed

Russian Federation President;

sends and recalls State Duma members

National financial tip its quota (in .

Federal Law of 23 July d N 251-FZ - Collection

Russian legislation, 2013, N 30, art. 4084);

considers the main state

monetary policy decision;

considers the annual report of the Bank of Russia and takes it

solution;

takes the check Russian Chamber of

Federation Financial and Economic Activities of the Bank of Russia,

organizational units and of agencies. The specified can

be accepted only

financial advice (to the right. Federal Act of 23 July 2013 N

251-FZ -Collection of Russian legislation, 2013, N

30, art. 4084);

holds parliamentary hearings on the activities of the Bank of Russia with

participation of its representatives;

listens to the Central Bank of the Russian Federation

Russia ( report

directions for single government monetary policy).

The Bank of Russia submits to the State Duma and

Russian Federation information in order, installed

federal laws.

Article 6: Russia has the right to file the claims in in

procedure defined by the laws of the Russian Federation.

The Bank of Russia has the right to ask

International courts, foreign courts and arbitral tribunals.

Article 7. Russia's questions,

competence by this Federal Law and by others

laws, publishes in directions, positions and

normative acts, mandatory organs

state authorities, authorities of state authorities

Russian Federation and local governments, all

legal entities and individuals.

Rules for Preparing Regulations of the Bank of the Russian Federation

is set by the Bank of Russia on its own.

Bank of Russia regulations come into force after 10

days after for

cases, by the Board of Directors. Official

Publish Regulatory of the Bank of the Russian

Publish of its full text in the official publication of the Bank of Russia-

"Bank of Russia Bulletin" or first (publish)

official website of the Bank of Russia

Internet (www.cbr.ru). Normative Acts of of the Bank of the Russian

has retroactive effect. Federal Act of 30 December 2015

g. N 426-FZ-Legislative Assembly of the Russian Federation, 2016,

N1, st. 46).

Bank of Russia regulations must be registered in

order, installed for state registration of regulatory

legal acts of federal executive authorities (in

Federal Law of June 2004 N 58-FZ - To

Laws of the Russian Federation, 2004, 2711).

Not subject to state registration of Bank's regulations

Russians installing:

foreign exchange rates against the ruble;

change interest rates

mandatory requirements (norms

mandatory reserves, averaging required

reserves) (in the red. Federal Act of 21 July 2014. N 218-FZ-

Legislation of the Russian Federation, 2014, N 30, st.

4219);

size of mandatory standards for credit organizations and

banking groups, and non-credit financial organizations in

compliance with this Federal Law and other federal

laws (under the law) Federal Law of 23 July 2013 N 251-FZ-

The legislation of the Russian Federation, 2013, N 30, st.

4084);

direct quantitative limits;

industry accounting standards for the Bank of the Russian Federation

Plan for the Bank of Russia accounting

use (in the red. Federal Law of 23 July 2013 N 251-FZ

Russian Law Assembly, 2013, N 30, st.

4084);

The Bank of Russia system operates.

In accordance with the order, of the federal

executive authorities may not be registered

Other regulatory acts of the Bank of Russia Federal Law

29 June 2004 N 58-FZ-Legislative Assembly of Russian

Federation, 2004, N 27, article 2711).

(Part of losing by by the Federal Act of 23

July 2013 N 251-FZ - The legislature

Federation, 2013, N 30, art. 4084)

Bank of Russia regulations can be appealed in in

order, installed by to challenge regulatory legal acts

federal government agencies.

Draft federal laws, Legal

acts of the executive executive

execution of Bank of Russia functions, heading for conclusion

to the Bank of Russia.

Article 8. Bank of Russia has the right to participate in in the [ [ capital]]

credit organizations, if is not set to by federal

laws.

Part of of the first article does not apply to

Bank of Russia involvement in the bank's Savings Bank

Federation (hereinafter: Sberbank).

Decreeor alienation of the Bank of Russia's share in the charter

Capital of Sberbank, leading to the specified share

participation to a level below 50 percent plus one voting share

is implemented by Russia By the Government

Russian Federation.

Decreeor alienation of the Bank of Russia's share in the charter

capital of Sberbank, leading to a reduction of the specified share of participation

before 50 plus one share

The

is based on federal law.

The Bank of Russia has no right to participate in thecapital or to be

member of other commercial or non-commercial organizations, if

not provides Russia's Institutions

and employees, for exceptions

federal laws.

The first parts action and of the fifth

committed according to Article 39 of the Federal

law.

The Bank of Russia in aims to ensure the stability of the [ [ ruble]]

create and (or) participate in in the capital of the organization

trust asset management

Bank of Russia, also assets transferred in

Russian Federation, Public Corporations created

Russian Federation and other public-legal entities or

organizations, including foreign, for investment in

Russian Federation and (or) foreign states (Part

was introduced by Federal Law of July 21, 2014. N 218-FZ-Assembly

Laws of the Russian Federation, 2014, N 30, Art. 4219).

(Article 8 to the red. Federal Act of 27 October 2008 N

176-FZ- Collection of Russian legislation, 2008, N

44, Text 4982)

Article 9: Bank of Russia can participate in in [ [ capital]]

international organizations,

monetary, currency, banking, and

other areas of the financial market.

The Bank of Russia can participate in international

organizations,

monetary, currency, banking and Other areas

financial market,

Central banks and (or) by the appropriate

(supervisory)

activities of associations that do not have ( volume

Number of forums, groups, committees).

Relations of the Bank of Russia By Credit Organizations

Foreign States matches

international Russian Federation treaties

laws, as well as interbank agreements.

(Article 9 to the red. The Federal Act of 23 July N

251-FZ -Collection of Russian legislation, 2013, N

30, Art. 4084)

CHAPTER II. of the Russian Federation

Article 10: The Bank of of the Russian Federation has the [ [ charter]] of [ [ capital]]

bln. -Ruble.

Article 11. The Bank of Russia's profit is defined as the difference between

revenue from

Federal Banking and Operations of and Revenue

participating in the capital of credit organizations and expenses related to

Implementing the Bank of Russia in its functions as set out in Article 4

true Federal Law.

CHAPTER III. THE NATIONAL FINANCE COUNCIL

RUSSIA BANK OF RUSSIA

(name in red. The Federal Law of July 23, 2013. N

251-FZ-Legislative Assembly of the Russian Federation Federation, 2013,

30, Art. 4084)

Article 12: National Fiscal Council-collegial body

Russia (in Ed. The Federal Act of 23 July 2013 N

251-FZ-Legislative Assembly of the Russian Federation Federation, 2013,

30, article 4084).

The tip of the National tip is 12

man, of two sent by the Federation

Federal Meetings of the Russian Federation from among Council members

Federation, three By the Duma MP

State Duma, 3 by the President of the Russian Federation, three

- The Government of the Russian Federation In National

Finance Board also includes the Chairman of the Bank of Russia

Federal Law July 2013 N 251-FZ -Assembly

Russian legislation, 2013, N 30, sect. 4084).

The tip of the National of the Finance Board

The

state of the authority that sent

The

National Financial Council (NM). Federal Act of 23

July 2013 N 251-FZ - The legislature

Federation, 2013, N 30, st. 4084).

Members of the National tip, for exception

Chairman of the Bank of Russia, not working in the Bank of Russia at constant

(in   Ed.

Federal Law July 2013 N 251-FZ -Assembly

Russian legislation, 2013, N 30, sect. 4084).

The President of the National board is elected

members of the National Financial Council from their majority

from the total number of members of the National Fiscal Council (in

Federal Law of 23 July 2013 N 251-FZ - Collection

Russian legislation, 2013, N 30, sect. 4084).

The President of the National board

meetings. In no President

The

financial board of its function is performed by the alternate, elected from

numbers of members of the National Fiscal Council by a majority of

from the number of members of the National Finance Council (to the red.

Federal Law of 23 July d N 251-FZ - Collection

Russian legislation, 2013, N 30, sect. 4084).

The financial board decisions

majority of votes from the number of members present

financial advice for seven people Quorum (ed.) Federal

Law of 23 July 2013 N 251-FZ-Legislative Assembly

Russian Federation, 2013, N 30, est. 4084).

When a national financial board of decisions

members of the National Fiscal Council that are in the minority,

The meeting of the National

financial advice (to the right. Federal Act of 23 July 2013 N

251-FZ -Collection of Russian legislation, 2013, N

30, article 4084).

votes

The

meeting of the National Financial is the

(in

The Federal Act of 23 July 2013 N 251-FZ-Assembly

Russian legislation, 2013, N 30, sect. 4084).

The national financial sits at least once in

Quarter (ed.) Federal Law of 23 July 2013 N 251-FZ-

The legislation of the Russian Federation, 2013, N 30, st.

4084).

The financial board meetings are assigned

President of the tip or in

missing of the tip

deputy, as well as at the request of the Chairman of the Bank of Russia

not less three members of the tip of the tip (to the red.

Federal Law of 23 July d N 251-FZ - Collection

Russian legislation, 2013, N 30, sect. 4084).

Members of the National financial board in time

notifies of the meeting of the National Fiscal Council.

Federal Law of 23 July d N 251-FZ - Collection

Russian legislation, 2013, N 30, sect. 4084).

Article 13: In the financial tip

is included (in the red. Federal Law of 23 July 2013 N 251-FZ

The legislation of the Russian Federation, 2013, N 30, st.

4084):

1) review of Bank of Russia annual report;

2)

regular year not later than December 15 of the previous year:

total cost of maintaining the Bank of Russia;

total cost of the pension, insurance

Life and medical insurance for Bank of Russia employees;

total capital investment;

Total other business expenses;

3) Approval if necessary based on suggestions from the Board

Bank

Additional Costs

Russian, additional costs pension

Life and Health Insurance for employees of the Bank of Russia

additional capital attachments, and Other

additional administrative expenses;

4) Review Enhancements

financial Federation Russian Improvements

Russian banking system Federal Law

dated July 23, 2013 N 251-FZ-Legislative Assembly of the Russian Federation

Federation, 2013, N 30, art. 4084);

5) consideration of the project's master

public monetary policy and main directions

single state monetary policy;

6)

-linked with Russia's

in

capital of credit organizations;

7) Appointment of the Chief Auditor of the Bank of the Russian Federation and

reports

8) quarterly review of Board of Directors ' information

Bank of Russia main activity:

Implementation of major public

monetary policy

Banking Regulatory and Supervision, Including

delegate activities

Assigned in credit in cases

part of the first of the Federal of the law

regulating, control for non-credit

financial organizations (under the Federal Act of 2 July 2013

g. OF THE PRESIDENT OF THE RUSSIAN FEDERATION

N27, st. (...) (...) N 251-FZ-

The legislation of the Russian Federation, 2013, N 30, st.

4084);

The currency and of the currency

auditing;

to ensure stability and of the national payment

system (s) Federal Law of June 27, 2011 N 162-FZ-

Russian Law Assembly, 2011, N 27, st.

3873);

The execution of the Bank of Russia estimates;

Preparing Draft Legislation and Other Regulatory

acts in of the stability

Financial Market Performance of the Russian Federation

Federal Law July 2013 N 251-FZ -Assembly

Russian legislation, 2013, N 30, art. 4084);

9) the organization for

Mandatory Audit of Bank of Russia annual financial reporting (in

Federal Act of 4 November 2014. N 344- Collection

Laws of the Russian Federation, 2014, N 45, art. 6154;

10) Assertion on the Board of Directors '

Accounting Standards for Bank Russia, Plans

accounting for the Bank of Russia and its application (in

Federal Law of 23 July 2013 N 251-FZ - Collection

Russian legislation, 2013, N 30, art. 4084);

10-1) consideration by the Policy Board

to prevent, detect, and manage conflicts of interest at

Implementing the Bank of Russia Features Federal

laws, and of on the specified policy (para. 10-1

was introduced by the Federal Act of 23 July 2013. N 251-FZ- Collection

Russian legislation, 2013, N 30, art. 4084);

11) the State Duma proposal for

testing Audit Russian Federation

Bank of Russia's financial and economic activity, its structural

departments and agencies

12)

formation of Bank of Russia provisions and distribution of profit order

The Bank of Russia, which remains at the disposal of the Bank of Russia;

13

expenses of the Bank of the Russian Federation of the Bank of the Russian Federation

Pensions, Life Insurance and Health Insurance

employees of the Bank of Russia, capital and others

Administration and Management;

14) giving consent to members of the Board of Directors, and citizens

in

members

90 of this Federal Law (para. 14

was introduced by the Federal Act of 23 July 2013. N 251-FZ- Collection

Russian legislation, 2013, N 30, art. 4084);

15) give consent to the one executive

payment cards

payment system

was introduced by the Federal Law of May 5, 2014. N 112-FZ -Collection

Russian legislation, 2014, N 19, art. 2317);

16 The development strategy

payment cards and recommendations for the specified policy (para. 16

was introduced by the Federal Law of May 5, 2014. N 112-FZ -Collection

Laws of the Russian Federation, 2014, No. 19, Article 19 2317).

Article 14. The Chairman of the Bank of Russia is appointed to the post

State Duma for five years majority

The number of deputies of the State Duma of the State Duma (the State Duma) Federal

Act of 23 July 2013 N 251-FZ - The Law Collection

Russian Federation, 2013, N 30, est. 4084).

Candidature for the destination

Russia is represented by the President of the Russian Federation not later

for three months of before the current Chair expires

The Bank of Russia.

If early from of the President

Russia Federation

candidature for this post within two weeks of the date specified

to release.

Proposed Proposed Chair

Russian President current

two weeks are new. Same candidacy not

can be done more than twice.

One and cannot occupy the position of Chair

The Bank of Russia is more than three consecutive terms.

State Duma to free from

Chairman of the Bank of Russia Russian President

Federation.

The Chairman of the Bank of Russia may be freed from the post

only in cases:

expiry interval;

-unable service

Confirmed State Medical Commission Conclusion

To submit a personal resignation letter;

committing a punishable act, of the

legally enforceable court sentence;

violations of the federal laws that govern

related to Bank of Russia activity;

no conflict prevention or resolution

interests, to which is, , or

representations of incomplete or inaccurate information about their revenues

expenses, about property and property obligations

or failure to submit incomplete or

false information about expenses, costs, and

Property obligations of their spouse

minor children in cases Federal

law of 25 December N 273-FZ "O "

Corruption " and by the Federal Compliance

expenses of persons, substitute public office, and other persons

revenues ", non-conformance expenses, His spouse expenses

(spouse) and minor children General opening

(presence) (deposits), cash storage, and

foreign foreign

limits

Russian Federation and (or)

Foreign Financial Instruments, by his Spouse

and (or) minors children (paragraph , Federal

The

Act of December 3, 2012 N 231-FZ-Assembly

Russian Federation, 2012, N 50, st. 6954; Federal

Act of 7 May 2013 N 102-FZ - Legislation

Russian Federation, 2013, N 19, st. 2329).

Article 15. The Board of Directors is composed of the Chairman of the Bank of Russia

and 14 members of the Board of Directors Federal Act of 23

July 2013 N 251-FZ - The legislature

Federation, 2013, N 30, st. 4084).

Board members directors work on a permanent basis in the Bank

Russia.

Members of the Board of Directors are appointed by the State Duma

post for for five years on presentation by the Chairman of the Bank

Russia, , agreed with the President of the Russian Federation (in ).

Federal Law July 2013 N 251-FZ -Assembly

Russian legislation, 2013, N 30, sect. 4084).

Members of the Board of Directors are dismissed:

after of this term of office

Chairman of the Bank of Russia;

before the term expires

State Duma to represent the Central Bank of Russia;

in cases of failure to prevent or settlement

conflict of interests, of which is Tip

directors, non- or incomplete

false information about your revenues, expenses, property, and

Property obligations or Failure to submit or

incomplete or false

revenues, expenses, property, and Property obligations

the s s spouse and minor children in

cases of the Federal Law of 25 December 2008

N 273-FZ "On Counteracting Corruption" and Federal Law

" control for compliance with the replacement

government positions, and other persons 'income', discrepancies

expenses, expenses of his or her spouse and minors

children of their general income- By the State

President Bank Russia, (presence) of accounts (deposits),

storing cash in and values in foreign

banks located outside the territory of the Russian Federation

ownership and use of foreign financial tools

s (spouse) and (or)

minor children (indented by Federal Law of 3

December 2012 N 231-FZ-Legislative Assembly of Russian

Federation, 2012, N 50, st. 6954; to the red. Federal Act of 7

May 2013 N 102-FZ - Collection of the Russian

Federation, 2013, N 19, st. 2329).

Article 15 -1. Citizens competing for the office of President

Bank of Russia, a member of the Board of Directors,

specified positions are required to report their income,

expenses, property and property obligations, and

also revenues, expenses, and obligations

property of the character of the spouse (spouse)

minor children in order, Federal

Law of 25 December N 273-FZ " About Counter

corruption " and Federal compliance control

expenses of persons, substitute public office, and other persons

revenues ", normative legal of the President of the Russian

Federation and by Regulatory Acts of the Bank of Russia, to the State

(organ organ , defined

(determinable) Russian Russian Federation (Article 15-1

was introduced by Federal Law from 3 2012 N 231-FZ

The legislation of the Russian Federation, 2012, N 50, st.

6954).

Article 16. Chaired at meetings of the Board of Directors

President of the Bank of Russia, and in the case of his absence-face,

replacement, from among Board of Directors.

The Board's decisions are taken by a majority of

numbers attending Headers

quorum of eight people and is required of the President

Bank of Russia or person of its replacement. Protocol Council Meeting

directors signed and one from members

Board of directors. Directors

Tip's

{ \cs6\f1\cf6\lang1024}{ \cs6\f1\cf6\lang1024

}

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}

{ \i

protocol meeting of the board of directors Federal Act of the Russian Federation

23 July 2013 N 251-FZ-Legislative Assembly of the Russian Federation

Federation, 2013, N 30, st. 4084).

To participate in meetings of the Board of Directors, may be invited

heads of territorial institutions of the Bank of Russia.

Article 17. meets at least once in

month.

The Board meetings are appointed by the [ [ President of the Bank]]

Russian or by a person, or at the request of at least

Four members of the Board of Directors Federal Act of 23

July 2013 N 251-FZ - Collection of the Law of the Russian

Federation, 2013, N 30, st. 4084).

Members of the Board of Directors are notified on time of appointment

Meeting of the Board of Directors.

Article 18. The Board of Directors performs the following functions:

1 in The Russian Federation

is developing the public state

monetary policies, master development directions

financial market and main state

monetary

consideration in the National Fiscal Council, President

Russian Federation Russian Federation

State Duma matches with 45 and 45-3

true Federal law, provides basic

and main directions

directions for

development of the financial market. Federal Act of 23 July

2013 N 251-FZ-Assembly of Russian legislation,

2013, N 30, art. 4084);

1-1) considers the financial market

Russian Federation (para. 1-1 by Federal Law 23

July 2013 N 251-FZ - The legislature

Federation, 2013, N 30, art. 4084);

2) approves the annual financial reporting of the Bank of Russia,

looks at audit opinion financial

Reporting of the Bank of Russia opinion of the Court of Accounts of the Russian Federation

Federation based on Test Results and Operations Bank of the Russian Federation

The

action of the Law of the Russian Federation

"About state secret", and represents the specified content in

Russia's Bank's

Annual Report in The Financial

The Council and the State Duma (to the parliament). Federal Act of 23 July

2013 N 251-FZ-Assembly of Russian legislation,

2013, N 30, art. 4084);

3 approves of the activity of the Bank of Russia, prepares

Analysis of the state of the Russian Federation's economy in accordance with

Article 25 of this Federal Law represents

materials in of the Bank of Russia's annual report in the National

financial board before submission to the State Duma

Federal Law July 2013 N 251-FZ -Assembly

Russian legislation, 2013, N 30, art. 4084);

4 sees and in the financial

tip for approval in the next year with and justifications

not later 1 of December preceding the year. Federal

Act of 23 July 2013 N 251-FZ - The Law Collection

Russian Federation, 2013, N 30, art. 4084:

total cost of maintaining the Bank of Russia;

total expenses for pension security, insurance

Life and medical insurance for Bank of Russia employees;

total capital investment of the Bank of Russia;

Total Miscellaneous Cost

Bank of Russia;

5) looks at and in The financial

board if needed for next year with calculations

and justification for proposal for additional costs by specified

in paragraph 4 of this part of the tracks. Federal Law

dated July 23, 2013 N 251-FZ-Legislative Assembly of the Russian Federation

Federation, 2013, N 30, art. 4084);

6 Approves of the Bank of the Russian Federation

approved by the National Fiscal Council of Total Cost

Bank of Russia listed in paragraph 4. of this Part, no later than

31 December of the preceding year (red. Federal Act of 23

July 2013 N 251-FZ - The legislature

Federation, 2013, N 30, art. 4084);

7 Approve additional costs if necessary

Russia after the National financial board

additional Russia Costs

3 of the Federal (in .

Federal Law of 23 July d N 251-FZ - Collection

Russian legislation, 2013, N 30, art. 4084);

8) sets and dimensions of the President's pay

Bank of Russia, members of the Board of Directors, Vice-Presidents

Bank of Russia and other Bank of Russia employees;

9) takes decisions:

about creating, reorganizing and Bank

}

Russia;

about credit for credit

and bank groups, and also non-credit financial

{ Organizations

} Federal Act of 23 July 2013 N 251-FZ

Russian Law Assembly, 2013, N 30, st.

4084);

About the size of the requirements (in .

Federal Law of July 2014 N 218-FZ -Collection

Laws of the Russian Federation, 2014, N 30, art. 4219);

On changing interest rates of the Bank of Russia;

about determining the limits of operations on the open market;

on participation in international organizations

About Participation of the Bank of Russia in the Capital of Organizations

(organizations), of activity of the Bank of the Russian Federation

agencies, organizations, and employees;

About buying and selling real estate for activity

Russia (gives price and other permissions

terms of the deal);

About direct quantitative restrictions;

about the issuance of banknotes and coins of the Bank of the new sample,

exempt from circulation of banknotes and coins of the Bank of Russia old sample;

about how to generate reserves by credit organizations;

on the implementation of Bank of Russia payments on deposits of individuals

in Banks bankrupts in

required insurance banks

Russian Federation, in cases and order,

Federal by law (Paragraph is introduced by the Federal Act of July 29

2004 N 97-FZ-Legislative Assembly of the Russian Federation,

2004, N 31, art. 3233);

Bank of Russia bonds placement (paragraph introduced by Federal

of June 18 2005 N 61-FZ-Legislative Assembly

Russian Federation, 2005, N 25, art. 2426);

about the composition, , and the terms of disclosure of transactions

perfect Russia's with securities on organized

tendering (paragraph by Federal Act of 27 October 2008 g. N

176-FZ -Russian Law Assembly, 2008, N

44, st. 4982; to red. Federal Act of 21 November 2011 N

327-FZ -Collection of Russian legislation, 2011, N

48, art. 6728);

about operations and transactions

International Monetary and treaties

International currency fund (paragraph introduced by Federal Act

November 3, 2010 N 291-FZ-Assembly Russian

Federation, 2010, N 45, article 5756);

about the public Agency

deposit insurance without collateral for up to five years

recharge

events on banks ' bankruptcies

(Paragraph introduced by the Federal Act of December 2, 2013) N 335-FZ

The legislation of the Russian Federation, 2013, N 49, st.

6336; to the red. Federal Law of December 22, 2014. N 432-FZ-

Law of the Russian Federation, 2014, N 52, st.

7543);

10) submits State Duma

Bank of Russia authorized capital;

11) approves the order of the Board of Directors;

12) represents in The tip for

destination for the auditor of of the Bank of Russia

Federal Law of 23 July d N 251-FZ - Collection

Russian legislation, 2013, N 30, art. 4084);

13 approves the structure of the Bank of Russia, structural provisions

{ \cs6\f1\cf6\lang1024}Bank of Russia{ \cs6\f1\cf6\lang1024

}

{ \cs6\f1\cf6\lang1024

}

Russia, order of appointment of heads of structural subdivisions

and of the Bank of the Russian Federation Protection

Bank of Russia objects and list of protected objects Bank of Russia

(in ed. The Federal Act of 30 December 2015 N 426-FZ-

Russian legislation, 2016, N 1, art. 46);

14 specifies theconditions under federal laws

foreign capital in the banking system

;

15) approves the list of employees of the Bank of Russia;

16) set rules for bank operations

Russian banking system Federal Law

dated July 23, 2013 N 251-FZ-Legislative Assembly of the Russian Federation

Federation, 2013, N 30, art. 4084);

16-1) approves industry accounting standards for

credit organizations and non-credit financial organizations, plan

accounting accounts for credit organizations and order

usage (para. 16-1 by Federal Law of July 23, 2013

g. N251-FZ-Assembly of Russian legislation, 2013,

N 30, art. 4084);

16-2) approves account plan for

non-credit of financial organizations and how it is applied (item

16-2 is enforced by the Federal Law of July 23 2013 N 251-FZ

The legislation of the Russian Federation, 2013, N 30, st.

4084);

17) prepares and submits it to the National Fiscal Council

assertion (under Ed. Federal Act of 23 July 2013 N 251-FZ

Russian Law Assembly, 2013, N 30, st.

4084):

Proposals for industry accounting standards for

Bank of Russia and Bank of Russia accounting plan

the order in which it is applied (to the red. Federal Act of 23 July 2013

g. N251-FZ-Assembly of Russian legislation, 2013,

N 30, art. 4084);

suggestions for formation of the provisions of the Bank of the Russian Federation

Russia-based distribution of

Bank Order of Russia;

Russia's report on the Bank's employees

Russia, pension, life insurance and medical

Insurance of the Bank of Russia, capital investments and others

Administration and Management;

17-1) approves release (additional release)

bonds of the Bank of Russia (paragraph 17-1 introduced by Federal Law of 18

)

June 2005 N 61-FZ - Collection Russian

Federation, 2005, N 25, art. 2426);

17-2) represents in the financial tip

quarterly information about credits, issued

Bank of Russia, and interest rates on these loans (item 17-2)

was introduced by the Federal Act of 23 July 2013. N 251-FZ- Collection

Russian legislation, 2013, N 30, art. 4084);

17-3 approves the level of the level

yields on banking deposits ( 17-3

Federal Act of December 22, 2014 N 432-FZ- -Collection

Laws of the Russian Federation, 2014, N 52, art. 7543;

17-4) approves the order of recognition of the bank's financial position

corresponding extra

premium rates to mandatory deposit insurance

(para. 17-4 was introduced by the Federal Act of December 22, 2014). N

432-FZ-Russian Federation Law Collection, 2014,

52, st. (...) (...)

18) performs other functions, , which are classified by this Federal

The

act under the authority of the Board of Directors.

Change Issues

rates, mandatory requirements, sizes

mandatory standards for bank and banking

and non-credit financial organizations, direct quantitative

restrictions, (membership) of the Russian in [ [ capital]]

(organizations), for Bank activities

Russia, of its organizations and employees, issuance of banknotes and coins of the Bank

Russian new model, withdraws from circulation of banknotes and coins of the Bank

Russia of the old model, of the order of credit reserves

and non-credit financial organizations are subject to

mandatory official publishing

Bank of the Russian Federation - The Bank of Russia's "Herald of the Bank of Russia" within 10 days of

making these decisions. Federal Act of 23 July 2013

g. N251-FZ-Assembly of Russian legislation, 2013,

N 30, st. (...) (...) N 218-FZ-

Legislation of the Russian Federation, 2014, N 30, st.

4219).

Article 19. The Board members cannot be MPs

State and Members of the Federation CouncilMPs

legislative (representative) organs of Russian

Federation, MPs local Self-governance

public employees, members of the

Russian Federation.

Decomposition of the deputy or member resignation

Governments of the Russian Federation resignation

public service must be produced within one

months since the appointment of the board member

post again The appointed board member starts

to perform their duties.

lots, hold positions in public-political

religious organizations.

Members Restrictions

Article 90 of this Federal Law.

Article 20. Chairman of the Bank of Russia:

1) operates from in the Bank

powers of attorney interests in relations with state bodies

authorities, by credit organizations, organizations

states, international organizations, other institutions, and

organizations;

2 chairs of the Board of Directors.

case of Vote Equality's Voice of Russia is

deciding;

3) signs Bank of Russia regulations, Council decisions

directors, directors, conventions,

concluded by the Bank of Russia, and may delegate signing authority

Regulatory Acts of The Bank of Russia's of its replacement, from a number

Board Members

4 designates and from

vice-presidents of the Bank of Russia, , between

responsibilities;

5) has the right to delegate its authority to its deputies;

6) signs orders and gives mandatory

execution by all employees and organizations of the Bank of Russia;

7) carries all for the responsibility of the for the Bank

Russia;

8) provides implementation of Bank of Russia functions according to

with Federal and takes the all

Issues, by federal laws to the Bank of Russia,

with the exception matches

Federal Law Decisions taken by National

tip or by the Board of Directors Federal Act of 23

July 2013 N 251-FZ - The legislature

Federation, 2013, N 30, art. 4084);

9 has the right to control

Welfare or Supervisory Councils, Other Foreign Authorities

Non-Profit Non-Non-Non-Governmental Organizations

Russian Federation territory organizational units,

elimination of cases, international

Russian Federation Russian Federation

Interbank Agreement or Agreement with Foreign Regulator

financial market, or Bank of Russia involvement in capital and

and   9

true Federal of the law (para. 9 introduced by Federal Law

dated March 2, 2007 N 24-FZ-Law Assembly of the Russian

Federation, 2007, N 10, st. 1151; Federal Act of 23 July

2013 N 251-FZ-Assembly of Russian legislation,

2013, N 30, art. 4084);

10 does not have the right to combine with its activity other

paid activities other than teaching, scientific and other

creative activity. Teaching, academic and other

creative activity cannot be funded exclusively for

account of foreign states, international and

organizations, foreign citizens and stateless persons, if not

not international Russian Federation

Russian Federation or Interbank Interbank

The

agreement (para. 10) was introduced by Federal Law of March 2, 2007).

N 24-FZ-Russian Federation Law Assembly, 2007, N

10, st. 1151);

11 is required to report in order,

President Russian Federation Personal

job ownership that

gives or can lead to conflicts of interest,

receive measures or to resolve

conflict (para. 11 by Federal Law of October 5, 2015)

N 285-FZ-Russian Law Assembly, 2015, N

41, article 5639).

CHAPTER IV. BANK of the Russian Federation

PUBLIC AUTHORITIES AND

LOCAL SELF-GOVERNMENT

Article 21. implementation of Bank functions

Russian participates in the development of the Government's economic policy

Russian Federation. By the Russian

order one from in meetings

Russian Federation Government and may participate

in State Duma meetings when considering bills,

questions economic, financial, , and

banking policy.

Minister of Finance of the Russian Federation and Minister of Economic Affairs

Russian

Assignment

from the Ministry of Finance of the Russian Federation and one

representative from the Ministry of Economic development

deliberative voice) Federal Law From 27 October

2008 N 176-FZ-Legislative Assembly of the Russian Federation,

2008, N 44, article 4982).

The Bank of Russia and the Government of the Russian Federation

s of general public

value, coordinate their policies, make regular mutual

consultations.

Bank of Russia advises Russian Ministry of Finance

{ \cs6\f1\cf6\lang1024

}

Russian Federation and repayment of public debt Russian

Federation with their impact on the financial market

Russian Federation, including system banking

Russian Federation and public

priorities

monetary policy Federal Act of 23 July

2013 N 251-FZ-Assembly of Russian legislation,

2013, N 30, article 4084).

The Bank of Russia has the right to provide requests

deliberative and organs

compliance with Russian President's normative legal acts

Federation and Federation Russian

federal laws (Part of

Fed by Law July 2013 N 251-FZ -Assembly

Russian legislation, 2013, N 30, sect. 4084).

Article 22: Russia's Bank has no right to provide loans

Russian Federation for funding shortfall

federal budget, buy government securities when

primary

is provided for by the federal law on the federal budget.

The Bank of Russia cannot provide loans for financing

deficits in public extra-budgetary funds, budgets

Subjects of the Russian Federation and local budgets.

Article 23. Tools federal budget

state extra-budgetary funds are stored in the Bank of Russia, if

is not established by federal laws.

The Bank of Russia without the fee for the commission .

conducts operations with budgets

funds of state off-budget funds, budget funds

Russian Federation and local budgets, a

also operation on public debt service

Federations and foreign-exchange reserves.

The Bank of Russia's authority to service the state debt

Russian Federation is defined by federal laws.

Bank of Russia and Russian Federation

necessary cases conclude

above operations ordered by the Government of the Russian Federation.

CHAPTER V. BANK OF THE RUSSIAN FEDERATION

Article 24. Reporting (reported year) Bank of Russia

is installed from January 1 through December 31, inclusive.

Article 25. The Bank of Russia no later than May

next to reporting, representing annual State Duma

Bank of Russia report.

The Bank of Russia's annual report includes:

Russia's activity report in list

Events on Implementing a Single Public Currency

policies, conducted by the Bank of Russia, and analysis of basic

single state monetary policy settings

Analysis of the state of the Russian Federation's economy, number

cash and credit analysis, of the Russian financial market

Federation, Currency Provisions and Balance of Payment Russian

Federation, national payment Federal

Act of 23 July 2013 N 251-FZ - The Law Collection

Russian Federation, 2013, N 30, art. 4084);

Annual financial reporting by the Bank of Russia;

Audit Opinion on the Bank's annual financial statements

Russia;

The conclusion of the Audit Chamber of the Russian Federation on Results

checks and operations of the Bank of Russia

Action of the Russian Federation

About State Secrets

usage information for credit organizations, not credit

financial organizations and their officials

Russian Federation Requirements

Federal Law From August 2001 115-FZ

countering

(laundering) revenues

criminal path, , and terror financing (paragraph was entered)

Fed by Law 29 December 2014 N 484-FZ-Assembly

Russian legislation, 2015, N 1, article 37).

For of this Federal Law, under annual financial

Reporting by the Bank of Russia is understood:

annual balance, report on financial results, including

report of the arrived profits and its distribution (to the red. Federal

of 4 November 2014 N 344-FZ-Legislative Assembly

Russian Federation, 2014, N 45, Art. 6154;

}

Bank of Russia;

Report Management of the Bank of Russia Securities and shares

participating in the assets of the Bank's assets

Russia;

Report on Bank of Russia employee expenses;

report on capital budget performance

report of transactions performed by the Bank of Russia with valuable

papers on organized trades (paragraph introduced by Federal Law

of 27 October 2008 N 176-FZ - Law Collection

Russian Federation, 2008, N 44, st. 4982; Federal

Law of November 21, 2011 N 327-FZ-Legislative Assembly

Russian Federation, 2011, N 48, st. 6728).

The State Duma sends Russia's annual report

President of the Russian Federation and the Government of the Russian Federation

Federations (to the red. Federal Act of 23 July 2013 N 251-FZ-

The legislation of the Russian Federation, 2013, N 30, st.

4084).

The State Duma considers the annual report of the Bank of Russia

before July 1 of the year following the reporting and makes a decision.

The Bank of Russia's annual report is not published later July 15

The

year following the reporting period.

The Bank of Russia publishes its balance,

money address, including dynamics and money structure,

aggregate data about Bank of Russia operations.

Article 26. After financial reporting annual

Bank of Russia Board

federal budget for 75 percent of its actually received

profit, remaining after taxes

compliance with the Tax Code of the Russian Federation. Remaining

profits of the Bank of Russia are sent by the Board of Directors

different destinations (in . Federal Act of 4

October 2014 N 287-FZ- Law Collection Russian

Federation, 2014, N 40, st. 5318).

(Part One Suspended until 1 January 2017 in Part

enumeration size in federal percent budget

received by the Bank of Russia after the year's profit, after

taxes and collections in compliance with theTax

Russian Federation under Federal Law 28 November

2015 N 333-FZ-Assembly of Russian legislation,

2015, N 48, art. 6699)

Change the size and order of the Bank of Russia list of profits

in the federal budget is implemented by a separate federal law,

Other rules that change

(suspending,

other legislative acts of the Federation

self-subject of the legal control (part of entered

Fed by Law July 2013 N 251-FZ -Assembly

Russian legislation, 2013, N 30, sect. 4084).

Taxes and fees are paid by the Bank of Russia and its organizations

according to the Tax Code of the Russian Federation.

Article 26-1. The Bank of Russia reveals the information about transactions,

perfect Russia's with securities on organized

tendering, in composition, the order of the tips

directors (article 26-1 was introduced by Federal Law of October 27

2008 N 176-FZ-Legislative Assembly of the Russian Federation,

2008, N 44, st. 4982, red. Federal Act of 21 November 2011

g. N 327-FZ-Legislative Assembly of the Russian Federation, 2011,

N 48, st. 6728).

26-2. Bank of Russia quarterly

State Duma information on compensation by the Bank of Russia

organizations of part of the loss (s) that they have incurred on transactions with

other credit organizations whose license has been revoked

for banking operations and Bank of Russia compensation

faces, of the Central of the counterparty, parts

damages (expenses), of

clearing, (revoked)

implementing the appropriate activity, including:

1) Russian

(modifying) compensation order for parts of this article

losses (expenses);

2) List of Organizations of and of the

Central Counterparty Features with the Bank of Russia

relevant agreements, levels of Bank of Russia provided by them

funds to compensate part of the loss

(expenses).

(Article 26-2 was introduced by Federal Law of June 29, 2015. N

167-FZ-Russian Federation Law Assembly-Federation, 2015,

27, art. 3958)

CHAPTER VI. ORGANIZATION OF THE ANNUAL acronyms

Article 27. Official currency (currency)

Federation is a ruble. One ruble is made up of 100 kopeks.

Introduction to the Russian Federation

Other

and the release of monetary surrogates are prohibited.

Article 28. Official the ratio between the rouble and gold or

other precious metals are not installed.

Article 29. Money (banknotes and )

organization accesses

Russian Federation is exclusively implemented by the Bank of Russia.

Banknotes (bank tickets) and The Bank of Russia coin is

alone legal payment in

Russian Federation. illegal manufacturing

is prosecuted by law.

Article 30. The banknotes of the Bank of the Russian Federation are

unconditional by the Bank of Russia, and provided by everyone

its assets.

The Bank of

face value for all payments, for

enrollments on accounts, in deposits and for translation throughout the territory

Russian Federation.

Article 31. The banknotes

declared invalid (invalid force

payment), if not set enough long

exchange on banknotes of of the Bank of the Russian of the new sample. Not

may have any restrictions on the sum of or subjects

exchange.

When banknotes and coins of the Bank of Russia of the

banknotes and the Bank of Russia coin of the new model the period of withdrawal of the banknote

and coins from circulation cannot be less than one year, but should not

to exceed five years.

Article 32. The of the Russian Without limits exchange the branch and

damaged banknotes according to its rules.

Article 33.

banknotes and Russia The new sample,

circulation of old Bank of Russia notes and coins, says

values of and examples of new currency. Description of New Money

signs are published in the media.

The specified decision in pre- information

goes to State Duma

Federation.

Article 34. goals in of the Russian

The Bank of Russia's cash circulation is pinned

following functions:

Forecasting and organization in production, in number

placing an order for the production of banknotes and coins of the Bank of Russia

organization, of the banknote and of the Bank of the Russian Federation

shipping and storing notes and coins of Bank of Russia, creating

contingency funds (ed.) Federal Act of 7 February 2011 N

10-FZ-Collection of Russian legislation, 2011, N 7,

907);

setting storage rules, , and cash collection

money for credit organizations

Fixing notes and coins

Bank of Russia, how to destroy banknotes and coins of the Bank of Russia, but

also replace damaged banknotes and coins of the Bank of Russia;

legal

legal

legal

and simplified operations

individual entrepreneurs and small

entrepreneurship (Ed. Federal Law of 23 July 2013

N 251-FZ-Legislative Assembly of the Russian Federation, 2013, N

30, article 4084).

Article 34-1. The main purpose of the Bank's monetary policy

Russia is a protection and stability of the ruble by means of

maintenance price stability, in number to form

and robust growth

(article 34-1 was introduced by the Federal by the law of July 23, 2013). N

251-FZ-Legislative Assembly of the Russian Federation Federation, 2013,

30, article 4084).

CHAPTER VII. CASD POLICY

Article 35. The and methods

Bank of Russia's monetary policy is:

1) interest rates on Bank of Russia operations;

2 mandatory requirements (in . Federal

of July 21 2014 N 218-FZ-Legislative Assembly

Russian Federation, 2014, N 30, art. 4219);

3) open market operations

4 refinancing credit organizations

5) Currency interventions

6) Setting the Money-Masses Growth Landmarks

7) direct quantitative restrictions

8) issue bonds on its own behalf

9) other tools defined by the Bank of the Russian Federation (

introduced by the Federal Act of 23 July 2013. N 251-FZ-Assembly

Russian legislation, 2013, N 30, sect. 4084).

Article 36. The Bank of of Russia regulates the total of the

credits in compliance with Unified

public monetary policy.

Article 37. Russia can install one or more

percentage rates different or operations

% policy without fixing the interest rate.

The Bank of Russia uses a percentage policy to impact

market interest rates.

Article 38. Size of Mandatory Backout Requirements (Normativ

mandatory reserves, averaging required

reserves) and Organizations

mandatory reserve requirements, including reordering

mandatory reserves in Russia, is set by the Tip

directors.

Required reserves define size limits

ratio of

reserves

organization.

Mandatory standards

20% and can

differentiated for banks and credit

organizations. In this case, for standards for standards

mandatory reserves must be for all banks,

non-bank organizations

mandatory reserves must be for all non-banking

credit organizations.

Mandatory reserves are not can

has been changed by more than five points.

The averaging of the reserves represent

is a numeric multiplier whose value is in

from 0 to 1, used for average value

mandatory reserves. Averaging ratio of required reserves

can be differentiated for banks and non-bank credit

organizations. In this case, the maximum value of to be installed

for banks averaging the mandatory reserves must

be single for all banks, maximum

set for non-bank organizations

mandatory reserves averaged should be single

for all non-bank credit organizations.

Bank has permission to install

credit organizations mandatory reserves for

Storage of required reserves opened in the Bank of Russia, and (or)

by maintaining the correspondent account open in Bank

Russia, an average of the mandatory reserves, calculated

based on the size of the mandatory reserve ratio.

When breaking the mandatory backup requirements of Bank of Russia

has the right to write off an indisputable procedure from a correspondent account

credit of the organization, open in Russia, amount

non-invoices to store mandatory reserves

tools (unses in required reserves) and to

responsibility to averaging mandatory reserves

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}

mandatory reserves,

granted and supported

credit average values

reserves, in the size and order established by the Bank of Russia.

The Bank of Russia also has the right to recover from a credit institution

in court fine Mandatory s

requirements in size set by the Bank of Russia. Specified fine

cannot exceed the sum, calculated of from the rate

refinancing of the Bank of Russia, in effect

court judgment.

Mandatory reserves, deposited by by the credit institution

in accounts to store mandatory reserves in BOB

Russia, sanctions are not applied.

After the credit institution has a license to implement

banking transactions mandatory reserves, deposited

organization in accounts to store required reserves, open

in the Bank of Russia are listed by the credit and

in order, by federal

according to the Bank of Russia regulations.

When reorganizing a credit organization, redecoration

its mandatory reserves, previously deposited on

store mandatory reserves, open in in the Bank of Russia

installs in matches with Banks

Russia.

(Article 38 in the Federal Act of 21 July 2014 N

218-FZ -Collection of Russian legislation, 2014, N

30, Art. 4219)

Article 39. Under Operation of the Russian open

understand:

1. Sales of treasury bills of notes,

bonds, other public of the Bank's bonds

Russia, and conclusion of treaties with

papers;

2) buying and selling other pieces of paper, defined by

directors,

organized deals,

specified (in ) Federal Act of 21

November 2011 N 327-FZ - Collection of the Russian

Federation, 2011, N 48, st. 6728).

When the Bank of Russia is implemented in the open market with

shares are allowed only

Realization of the Bank of the Russian Federation for Improper Execution

The

counterparty to the repo agreement.

(Article 39. Federal Act of 25 November 2009 N

281-FZ -Collection of Russian legislation, 2009, N

48, Art. 5731)

Article 40. Refinancing credit

The Bank of Russia of Credit Organizations.

Forms, order , and refinancing

The Bank of Russia.

Article 41. The Bank of Russia's currency interventions are understood to mean

Sales of Bank of the Russian Federation on the foreign currency market

to influence ruble rate and total demand and clause

money.

Article 42. The Bank of of the Russian Federation may set the growth targets

one or several metrics of the money from

core public monetary

policies.

Article 43. Under the direct quantitative Bank restrictions

Russian understands refinancing

credit organizations and organizations

individual banking transactions.

Bank of Russia has the right to use direct

restrictions, in all

organizations, in exceptional cases in unified

public monetary only after

consultation with the Government of the Russian Federation.

Article 44. Russia's Bank of the Russian Federation

politics can issue a bond,

hosted and hosted by credit organizations.

The limit of the total par value of the Bank's bonds

Russia of all editions, repaid date by Tip

directors of a decision to approve a release (additional

issue) of Bank of Russia bonds set as the difference between

the maximum of the amount of the credit reserves

organizations and amount of required reserves of credit organizations

specified based on the applicable mandatory reserve ratio

(Ind. Federal Act of 18 June 2005 N 61-FZ-Assembly

Laws of the Russian Federation, 2005, No. 2426.

Article 45. Bank of the Russian Federation annually no later than the date of entry in

State Duma State Russian Federation

Federal of the federal budget for another financial

Year and plan period represents in State Duma

core public monetary

policies for the coming year and 1 - basic

public of the Monetary Policy

coming year (to the red. Federal Act of 19 July 2009 N

192-FZ- Collection of Russian legislation, 2009, N

29, article 3629).

Pre-project of the master

public of monetary policy

President of the Russian Russian Government

Federation.

Basic directions of a single public monetary

policies for the coming year include the following:

conceptual principles, underlying monetary

Bank of Russia policy;

quick characteristic of the state economy

;

expected options

monetary policy this year;

quantitative analysis of the cause of the target

monetary of the policy, of the Russian

year, assessing the prospects for achieving these goals and justifying them

possible adjustment;

scripting (with at least two variants)

Economic

price and Other Russian exports

for each scenario;

The outlook for the balance payment

Federation for the coming year;

targets, of targets

monetary policy announced by the Bank of Russia for the forthcoming

year, including interval inflation, base

money mass, interest rates, changes in gold-currency

reserves;

main cash program indicators for the coming year;

options for using tools and on monetary methods

policies,

scenarios of economic conjunctions;

(Paragraph is lost due to Federal

July 2013 N 251-FZ - Collection of the Law of the Russian

Federation, 2013, N 30, art. 4084)

The State Duma considers the main directions of the single

public monetary for the coming year and

takes corresponding no later

State Duma federal budget law

coming year.

Chapter VII-1: THE RUSSIAN FEDERATION

AND STABILITY OF ITS FUNCTIONING

(Chapter VII-1 entered the Federal by July 23, 2013). N

251-FZ-Legislative Assembly of the Russian Federation Federation, 2013,

30, Art. 4084)

Article 45-1. Bank of Russia in The Government

Russian Federation develops and pursues the development policy

financial market stability

Russian Federation.

The Bank of Russia publishes a financial overview at least twice a year

stability.

(Article 45-1 was introduced by Federal Law of 23 July 2013. N

251-FZ-Legislative Assembly of the Russian Federation Federation, 2013,

30, Art. 4084)

Article 45-2. Russia is monitoring states

financial market of the Russian Federation, including for

Situations that threaten the financial stability of the Russian Federation.

With the warning for the situations that are threatening

financial stability Russian Federation

develops measures for Flower Threats

stability of the Russian Federation.

(Article 45-2 was introduced by Federal Law of 23 July 2013. N

251-FZ -Collection of Russian legislation, 2013, N

30, Art. 4084)

Article 45-3: Bank of the Russian Federation once every three years,

State Duma development

Financial market of the Russian Federation. Federal Law

from 30 December 2015 N 426-FZ - Legislation

Russian Federation, 2016, N 1, st. 46).

Pre-Project Development

Russian Federation's financial market is represented by the Bank of Russia

President of the Russian Russian Government

Federation (in The Federal Act of 30 December 2015 N

426-FZ-Legislative Assembly of the Russian Federation, 2016, No. 1,

46).

The State Duma considers the draft guidelines

Development of the Russian Federation's financial financial market

hearings and forwards to the Bank of Russia relevant recommendations

(in ed. The Federal Act of 30 December 2015 N 426-FZ-

Russian Federation Law Assembly, 2016, N1, Art. 46).

(Article 45-3 was introduced by Federal Law of 23 July 2013. N

251-FZ -Collection of Russian legislation, 2013, N

30, Art. 4084)

CHAPTER VIII. BANK OPERATIONS, SUDICIAL AND SERVICES

BANK OF RUSSIA

(name in red. The Federal Act of June 29, 2015. N

210-FZ-Russian Federation Law Collection, 2015,

27, Art. 4001)

Article 46. Russia has the

banking operations and deals with and

Credit Organizations, By the Russian Federation

Agency goals The

provided for by this Federal Law (to the red. Federal

Law of December 28, 2013 N 410-FZ-Legislative Assembly

Russian Federation, 2013, N 52, Text 6975:

1) grant collateral for security and

other assets Federal Law of 23 July 2013 N

251-FZ-Legislative Assembly of the Russian Federation Federation, 2013,

30, art. 4084);

1-1) provide loans without for a period of no more

one year to Russian credit organizations, with no rating

below the installed level. List of rating agencies, ratings

which are used to determine the creditworthiness of recipients

credits, and required minimum

ratings, additional requirements for recipients, a

also order and provisioning of appropriate credits

set by Board of Directors (para. 1-1 Federal

Act of 13 October 2008 N 171-FZ-Legislative Assembly

Russian Federation, 2008, N 42, st. 4696; Federal Act No.

30 December 2008 N 3317-FZ-Legislative Assembly of the Russian Federation

Federation, 2009, N 1, article 25);

(2) buy and to sell the in the open market,

also sell securities, Loans

Bank of of Russia Federal Act of 27 October 2008 N

176-FZ-Legislative Assembly of the Russian Federation Federation, 2008, N

44, Text 4982);

3) buy and to sell bonds, by the Bank

Russia and certificates of deposit;

4) buy and sell foreign currency, and payment

documents and commitments, laminated foreign foreign currency

Exited by Russian and foreign credit organizations;

5) buy, store, sell precious metals and other

Types of currency values;

6) spend the escrow and operations,

take storage and management of securities and other assets;

7) grant surety and bank guarantees;

8) perform operations with financial

used for financial risk management;

9) open accounts in

Organizations territories

foreign states;

10) display cheques and promissory notes in any currency;

11

Implement other banking and transactions from your

name in with business rotations, accepted in

International banking practice.

Bank of Russia has the right to carry out banking operations and

on on commission , except in cases

federal laws.

The Bank of Russia has the right to carry out the banking operations and other

deals with international organizations, foreign

(national) banks and by other foreign legal entities

In the Asset Management Activities of the Bank of Russia

in foreign currency and precious metals, including gold currency

Bank of Russia reserves. The Bank of Russia also has the right to open and

correspondence foreign (national)

banks in Russian rubles, to carry out money transfers

Foreign Central (National) Banks Assignment

accounts (part of introduced by the Federal Act of 3 November 2010) N

291-FZ-Russian Federation Law Collection, 2010, N

45, st. 5756; to the red. Federal Act of 25 December 2012 N

266-FZ-Assembly of Russian Federation Law, 2012, N

53, article (...) (...)

The Bank of Russia has the right to transmit Russian and foreign

credit organizations, organizations,

banknotes of and The Bank of Russia coin, banknotes in souvenir packaging and

Russia Bank prices differ from from

cost that defines Russia (part of was introduced

Federal Law February 2011 N 10-FZ-Collection

Laws of the Russian Federation, 2011, N 7, article 907).

To ensure the financial stability of the insurance system

deposits, and also to finance contribution reimbursements and

to implement bankruptcy prevention activities

Bank of Russia to the Director's

public of the Deposit Insurance Agency

credits without for (part of

Fed by Law 2 December N 335-FZ-Assembly

Russian legislation, 2013, N 49, art. 6336; into the red.

Federal Law of December 2014 N 432-FZ-Assembly

Laws of the Russian Federation, 2014, N 52, article (...) (...)

For to maintain the stability of the banking system and security

legitimate interests of depositors and creditors of the Bank of Russia based on

directors are entitled to provide subordinated

loans (deposits, Loans, Bond )

Stock Company "Sberbank Russia",

requirements of Article 25-1 of the Federal Law on Banks and Banking

activity, in size, not >

funds (capital) of Sberbank of Russia on January 1, 2015

percentage of the interest rates to be determined according to

5 Part 1 of Article 3 of the Federal o

Article 11 of the Federal Law on Insurance of Deposits of Natural Persons

in Russian Federation banks and article 46 of the Federal Law

Central Bank Russian (Bank of Russia) " (Part)

was introduced by Federal Law of 29 December 2014 N 451-FZ

Russian Federation Law Assembly 2015, 2015, N 1 4).

The Bank of Russia

threatening financial stability of the Russian Federation, to the right:

1) to enter with credit organizations

compliance with which the Bank of Russia undertakes to compensate

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}

transactions with other credit organizations that have been withdrawn

Banking License;

2) to conclude with the central

(credit organizations, non-credit financial

organizations), agreements according to which the Bank of Russia

undertakes to compensate such parts (expense)

revoked (revoked) license for

activity.

(Part introduced by Federal Act of June 29, 2015. N 167-FZ

Russian Law Assembly of the Russian Federation, 2015,

3958)

Conditions of the parts of (expense) (expense),

period in of which such agreements, circle

credit organizations and individuals of the central

counterparty with which these conventions are negotiated and criteria

selection is determined by the Board of Directors. Information

compensation agreements (costs), for in

current these conventions, credit

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}

with these agreements, their selection criteria, and

standard form of agreement is published in in the Journal of the Russian Federation

(Part of the Federal Act of June 29, 2015). N 167-FZ

The legislation of the Russian Federation, 2015, N 27, st.

3958).

Article 46-1. The Bank of Russia has the right to provide reimbursable services by

submit financial messages to credit organizations and their customers

legal persons in the order, of the normative

Bank of Russia, also foreign organizations

international organizations, foreign central (national)

s s s treaties

(Article 46-1

was introduced by the Federal Act of June 29, 2015. N 210-FZ-Assembly

Russian legislation, 2015, 4001).

Article 47. Bank of Russia loans can be provided:

gold and other precious metals in standard and dimensional

ingotes;

foreign currency;

promissory notes in Russian or foreign currency;

government securities.

Lists of promissory notes and government securities that

Bank Russia's Bank's

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}

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}

is determined by the Council

directors.

In cases Directors

providing loans to the Bank of Russia may be other values,

as well as surety and bank guarantees.

Post-time property in in

credit of the before the Bank of the Russian Federation

is allowed if this is set by a contract between the Bank of Russia and

credit organization (part of introduced by law from 21

July 2014 g. N 218-FO - The Russian Law

Federation, 2014, N 30, st. 4219).

An implementation of driven property of the Bank of Russia

may earlier

Civil Code of the Russian Federation, if is provided

agreement between Bank of Russia and by the credit organization, under

significant risk of significant depreciation of collateral

versus with (initial selling price)

specified in foreclosed

movables (part of introduced by the Federal Act of July 21

2014 Russian Federation Council of Law (Russian Federation)

2014, N 30, 100 4219).

Article 48. Bank of of Russia may carry out banking operations

Services of State Authorities and Local

self-governance, organizations, public extrabudgetary

funds, military units, Servicers of the Bank of Russia, and

also other persons in cases provided for by federal laws.

Bank of Russia also has the right to serve clients, not

credit organizations, in regions where no credit

organization.

Article 49. Bank of Russia has no right:

1 Implement banking operations with legal entities,

licenses on Operations, , and

natural persons, except as provided in parts

article 46 and

Federal

law (under Ed. Federal Act of 3 November 2010 N 291-FZ-

Russian Federation Law Assembly, 2010, N 45,

5756; of the Federal Act of December 2, 2013 N 335-FZ-Assembly

Russian legislation, 2013, N 49, article 6336;

2) buy shares (shares) of credit and other organizations,

exceptions of articles 8, 9 and 39 of this

Federal law (under the rule of law) Federal Act of October 27, 2008

g. N 176-FZ-Legislative Assembly of the Russian Federation, 2008,

N 44, art. 4982);

3) implement with real estate, for exceptions

cases, related with the Bank of Russia and its

organizations;

4) Trade and production activities,

exceptions provided by this Federal Law;

5) change the terms of the loans provided. Exception may

be on the Board of Directors decision (ed.) Federal

Act of 23 July 2013 N 251-FZ - The Law Collection

Russian Federation, 2013, N 30, est. 4084).

Article 50. Russia is responsible for in order,

which has been installed by federal laws.

In a court and the court Russia can

represent leaders of its territorial institutions and others

Bank Russia's

power of attorney in due course.

CHAPTER IX. INTERNATIONAL AND EXTERNOR ACTIVITIES

BANK OF RUSSIA

Article 51. The Bank of of the Russian Federation represents

Federation in with Central Banks of Foreign Relations

states, as well as in international banks and Other International

{ Currency organizations}

The Bank of Russia has the right to contact the central bank and/or other

foreign state oversight body, in whose function includes

banking supervision, with request for information and (or)

documents, in numbers that contain

bank secret, received by them from credit organizations

bank groups, bank and other associations

organizations in

functions, including testing for their activities. In relation

and (or) documents from the central

bank and/or other of the State

functions of which includes bank supervision, The Bank of

comply with disclosure and provisioning

documents installed by the legislation of the Russian Federation, with

requirements, of Foreign Law

state. Information and (or) documents obtained by the Bank of Russia

from Central Bank and (or) Other control of

state, in of which includes banking supervision,

be exposed to third persons, in law enforcement

organs, only with consent of this

Central and (or) of the control of the foreign

State, with Banking Supervision, or Court

by court decision,

criminal case (ed. Federal Act of 2 July 2013 N

146-FZ-Russian Federation Law Collection, 2013,

27, Text 3438).

The Bank of Russia has the right to provide the central bank and (or)

other control authority for a foreign state in which

includes bank supervision, required for implementation

bank and (or) documents, including

containing information, banking secret,

received from credit organizations, bank groups, banking

and other associations of with the participation of credit organizations in

performance of oversight functions, including checks

their activities, for

state secret (part of Federal Act of 2 July

2013 EN 146-FZ-Assembly of Russian Legislation,

2013, N 27, article 3438; in red. Federal Act of 22 December 2014

g. N 432-FZ-Assembly of Russian legislation, 2014,

N 52, st. (...) (...)

The Bank of Russia has the right to give the central bank and/or

other organ of foreign state, in the function

Settlement of insolvency of organizationsthat are central

organizations Banking (bank Holding) and Other

associations with Organizations, information

contained in the Bank of Russia reconstruction plans

financial credit organizations

bank groups and other associations

organizations of credit for

public (part of typed Federal

The law of December 22, 2014. N 432-FZ-Legislative Assembly

Russian Federation, 2014, N 52, est. (...) (...)

The (information) (information) (or) (or)

documents are provided by the Bank of Russia to the central bank, and (or)

other oversight body of a foreign state in of which

includes bank control, and (or) Other

state, in of which includes

insolvency of organizations, provided by law

foreign state has level (compliance

Confidentiality provided by of the Russian Information Store

(details) and ( < < <}

privacy

(details) and documents, provided by law

Russian Federation

(information) and (or) are regulated

international treaties, - in matches with

and if they are not granted to third parties,

law enforcement, without prior written

consent of the Bank of Russia, except in cases of such

information to court criminal case (part of typed Federal

The law of December 22, 2014. N 432-FZ-Legislative Assembly

Russian Federation, 2014, N 52, est. (...) (...)

Article 51-1. Bank of Russia has the right to turn to foreign

financial market regulator with information request

and (or) documents,

A

containing information that constitutes bank secrecy.

The Bank of Russia shares information and (or) documents, in

volume count of sensitive, including information,

ingredients bank secret

information), with the foreign financial

base and according to:

1) Multi-party Memorandum of Understanding

consultations and and International Information Exchange

Organization of Securities Commissions, Multilateral Memorandum

o

International

Federal Law 30 December 2015 N 426-FZ

Laws of the Russian Federation, 2016, No. 1, art. 46;

2) of the international treaty of the Russian Federation;

3) a two-sided agreement with foreign

financial market, for information exchange if

legislation of the foreign of the State

provided with security of information

than the information protection level

Russian Federation.

In the relationship of the information

Foreign of the financial market Bank of the Russian

comply with requirement of information

Russian Federation s

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}

The

procedure provided for in Part 2 of this article.

Confidential Information received by the Bank of Russia

foreign financial market regulator, can be granted

third parties only with this governor's consent, for exception

provided court information

by court decision,

criminal case.

The Request of the Bank of the Request Bank

foreign on the financial financial order in

provided for in the second

Articles, Bank of Russia of the Financial Committee

oversight sends the information to the .

Russia Bank

contain the purpose of receiving the specified information.

The Bank of Russia to the right

give to the foreign financial

sensitive information about and (or) deals

a reasoned request for a foreign financial regulator

markets in cases specified by in parts

second real article, of the

operations and/or transactions, and (or) beneficiaries of specified

operations and (or) deals, exception

State secret.

The specified confidential information is provided by

Russian foreign financial market regulator, condition,

legislation of the foreign of the State

provided with security of information

than the information protection level

Russian Federation

confidential information foreign financial

market for third parties, including law enforcement , without

prior written consent of the Bank of Russia, excluding

providing such confidential information to

court court

criminal case.

(Article 51-1 was introduced by Federal Law of 23 July 2013. N

251-FZ-Legislative Assembly of the Russian Federation Federation, 2013,

30, Art. 4084)

Article 52. The [ [ Bank of Russia]] < throws

permission on creation of organizations with foreign

investments, performs accreditation

Foreign Organizations territories

Russian Federation, as well as implementing actions for accreditation

Foreign citizens who will work

Activity in Foreign Credit Organizations

(in ed. Federal Act of 5 May 2014. N 106-FZ-Assembly

Laws of the Russian Federation, 2014, No. 19, Article 19 2311).

Increase the size of the authorized capital of the credit institution

The account of non-residents ' funds is regulated by federal laws.

Article 53. The Bank of of the Russian Federation installs and publishes official documents.

foreign exchange rates in relation to the ruble.

Article 54. Bank of Russia is the currency body

regulation and currency control and performs these functions in

compliance with Federal Law of December 10, 2003 N 173-FZ

"About currency regulation and currency control" and other federal

laws (under the law) Federal Act of 18 July 2005 N 90-FZ-

Russian Federation Law Assembly, 2005, N 30, st.

3101).

Article 55. For , the Bank of Russia can perform its functions

to open offices in the territories of foreign states.

CHAPTER X. BANKING SCHOOL AND BANKING OF OVERSIGHT

Article 56. Bank of Russia is a bank body

and of bank supervision. Bank of Russia

constant supervision by credit by and

bank Federation Russian Federation

Law Groups

Regulatory Acts of of the Russian Bank They are required

standards and (or) of Russia

limit of mandatory standards. Bank of Russia

performs analysis of bank holdings and uses

received for bank supervision purposes for credit

organizations and bank groups

in banks

holdings (under Ed. Federal Act of 2 July 2013 N 146-FZ-

Russian legislation meeting, 2013, N 27, st.

3438).

The Master's Banking Banking

oversight is maintaining the system's banking stability

Russian and Protect the interests of creditors and creditors.

Bank of Russia does not interfere in operational credit

organizations, except in cases provided by the federal

laws.

Regulatory and supervisory functions of Bank of Russia installed

true Federal Law, is implemented through the

permanent basis body-bank supervision committee that unites

Russia's

Team Managers

control (in

Federal Law July 2013 N 251-FZ -Assembly

Russian legislation, 2013, N 30, sect. 4084).

The Supervision Committee structure

approved by by the Board of Directors Federal Act of 25

December 2008 N 276-FZ- Law Collection Russian

Federation, 2008, N 52, st. 6231).

Manager of the Banking Supervision is assigned

Chairman of the Board of Directors of the Bank of Russia.

Article 57. Bank of Russia set the mandatory for

Credit of Banking Rules

accounting and reporting rules for and

(financial) and statistics

reporting and other federal information

laws. The Bank of Russia sets the required for banking

groups of reporting rule required for implementation

supervision of credit organizations on the consolidated base,

Russia

groups, set by the Federal Law " On Banks and bankable

activity. " Bank of Russia set the mandatory for

and Views

Banking

information, required for bank holding risk assessment and

credit organizations

bank holdings, Russia's Bank and Disclosure

reporting of bank holdings, established by Federal Law

O and Banking This installs

Russia

(financial), statistical and other reporting,

is in the period starting no earlier than publishing

specified rules.

To perform its functions, the Bank of Russia in matches with

list established by Board of Directors has authority to request

and receive from credit organizations, lead credit organizations

bank groups and of the holding companies

information about credit activities,

bank groups and bank holdings, including

members of bank groups and bank holdings, not

credit organizations, require explanation

information.

Bank of Russia has the right to demand from the organizations

Design and

Financial

robustness that includes measures

by

complying with the regulatory of the Bank of the Russian Federation,

changes to financial resiliation plans

which ensure compliance with their content.

Credit organizations that are organizations

in

group composition, right to develop recovery plans

financial stability of bank groups, changes, in

plans to restore financial stability.

Significant

The basis of the methodology established by the Bank of Russia regulations.

Bank of Russia has right to set systemically significant credit

organizations Order and limits limits

liquidity.

System-relevant credit organizations must develop

and to represent in Russia's financial plan

robustness, changes in reconstruction plans

financial sustainability.

Bank performs the evaluation of restoration plans

financial stability, changes to recovery plans

financial sustainability.

Content Requirements, Order, and Date in Bank

Russian recovery plans for financial stability, changes,

plans to restore financial stability, order

The Bank of Russia regulations are established by Bank of Russia regulations.

The Bank of Russia submitted significant

Credit by the organization's financial plan

s s

credit organizations that contain measures in case activities

planned recovery plans for financial sustainability, not

will restore their financial stability.

To compile bank and money statistics, payment

Balance of the Russian Federation of the Federation Russian

Federation in

Economic The Bank of Russia has

receive required for gratis based

Federal Authorities, Authorities

bodies, legal entities.

The Bank of Russia has the right to request and for the credit

History and credit history reports.

Received Specific

operations cannot be disclosing without the permission

legal faces for exceptions

federal laws.

Bank of Russia publishes summary and analytical

information about the banking system of the Russian Federation.

The provisions of this

Russia's and Bank Assignment

Government of the Russian Federation to international organizations.

(Article 57. Federal Law of December 22, 2014. N

432-FZ-Russian Federation Law Collection, 2014,

52, art. 7543)

Article 57-1. Bank of Russia sets requirements for systems

risk management and capital, Internal credit

organizations, in bank groups, and qualifying

Requirements for the Manager of the Risk Management Service Manager

internal audit services, internal audit manager

credit organizations, the organization's of the bank

groups (art. 57-1 introduced by Federal Law of July 2, 2013). N

146-FZ-Russian Federation Law Collection, 2013,

27, Text 3438).

Article 57-2. The Bank of Russia is in the order established by the regulatory framework.

act of the Bank of Russia performs quality control

risks of and capital, internal credit control,

bank group, of capital adequacy (capital) and

liquidity of the credit (bank group),

correspondence and to the range of the credit

organization (in bank operations, level and combination

risks accepted, including the size and structure of operations

The

as of the evaluation criteria. Based on the results of the evaluation in

case risk

capital, internal controls, sufficiency of own funds

(capital) and liquidity of credit institution (banking group)

Bank (or) characters

scale of the credit organization (in bank group)

operations, level and a combination of risks from The Bank of Russia in

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}

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(lead credit organization group bank ) rule on

casts of the risk of capital, Internal

control of a credit institution (bank group) to match

demands of Bank of Russia, Nature of and By the scale of committed

credit organization (in banking group), level and

combination of accepted risks and (or) establishing for credit

organization (bank group) of individual limit values

mandatory standards (article 57-2 introduced by Federal Law

2 July 2013 N 146-FZ-Legislative Assembly of Russian

Federation, 2013, N 27, st. 3438).

Article 57-3. The Bank of Russia is in the order established by the regulatory framework.

act of the Bank of Russia, has the right to assess the pay system of the credit system

organization in part, associated with the risk management result

in general, and in terms of pay for persons referred to in article 60

real Federal control

risks, Internal audit

internal credit control and other

(Labor) of the Implementation Solution

operations and other transactions, results

may affect compliance by a credit institution

rules or other situations, threatening

contributors and creditors, including reasons for implementing measures

insolvency (bankruptcies)

organization. In the event of a mismatch between the pay system and the credit card

nature of and on the operations

results of its activity, , and a combination of accepted risks

or if there is no credit organization in parts

deferressionsand later adjustment

size of compensation and incentive payments to individuals, specified in

real article, based on results

activities (but not less than three years), in

reducing or cancellation in

negative financial

result in whole credit institution or by appropriate

directions of its activity, Bank of Russia in the prescribed order

directs credit to

corresponding violation (Article 57-3 introduced by Federal Law

from July 2, 2013 N 146-FZ-Legislative Assembly of Russian

Federation, 2013, N 27, st. 3438).

Article 58: Russia's Bank has the right to demand credit

performance-related functions, and require

providing information not provided for by federal laws

Credit and other third parties,

related to banking services for named individuals.

The Bank of Russia has no right to set directly or indirectly

federal restrictions on

clients of credit

oblige lenders to require documents from their clients,

not provided for by federal laws.

Article 59. The Bank of Russia takes the decision on state.

registering s s

and supervisory functions state

credit institution registration, grants credit to organizations

banking operations, pauses

the operation of the specified licenses and revoes them.

The Bank of Russia makes the registration

non-State funds funds, maintain a book of state

registering non-State funds (part of entered

Fed by Law 28 December 2013 N 410-FZ-Assembly

Russian legislation, 2013, N 52, article 6975).

Article 60. Bank of Russia has the right to show qualifications

request and requirement for the reputation requirement alone

executive body, vice-members, peer members

executive body, of the main accountant, of the Principal

accountant of credit organization, manager, chief accountant

branch of credit organization and candidates for specified positions,

a the business reputation of the board members

(supervisory board) of credit organization and candidates for these

positions, physical and legal persons, purchasing more than 10

% (owning more than 10%) (shares)

organization or on the transaction (transactions)

(directed) to establish control (s) in

relation (participants) of the credit of the organization, of the person

Single Organ

legal of the person of the acquiring more than 10 percent (owner

more than 10 percent of shares in (shares) of the credit of the organization,

Single Organ

legal of the person to the deal (transactions), directed

(Directing) to Control (Control)

in relation of (participants) of the organization, in

matches with criteria, set by Article 16 Federal

The Bank and Banking Act.

Bank to the right to evaluate

compliance by by the Federal About Banks and

banking activities ' qualification requirements and requirements

for business individuals Single

executive body, vice-members, members peer

executive body, chief accountant, deputies

accountant of credit organization, manager, chief accountant

branch s credit

posts and business reputation requirements

Board of Directors (Supervisory Board) of the Credit Organization and

candidates these positions, physical and legal

acquiring more than 10 percent (owning more than 10 percent)

shares (shares) of the organization or of the transaction

(transactions), Directing (Directing) Control

( control) (attendees)

credit institution, the person exercising of the function alone

executive body of the legal person who is purchasing more than

% (owning more than 10 percent) of shares (shares)

organization, of the person of the Singlefunction

executive of person's legal

(transactions), Directing (Directing) Control

( control) (attendees)

credit organization.

The Bank of Russia has the right to request and to receive a grant

Authorities

territorial organs, legal information

evaluate compliance to business reputation

single executive

alternates, members of the executive of the body

Chief Accountant, Subaccountant of the credit

organization, manager, master accountant's branch of credit

organizations or candidates for specified posts, a

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}

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}

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}

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(supervisory board) of credit organization and candidates for these

positions, physical and legal people who purchase

% (owning more than 10%) (shares)

organization or on the transaction (transactions)

(directed) to establish control (s) in

relation (participants) of the credit of the organization, of the person

Single Organ

legal person purchasing more 10 % (owning

more than 10 percent of shares in (shares) of the credit of the organization,

Single Organ

legal of the person to the deal (transactions), directed

(Directing) Control ( Control)

in relation of (participants) of the organization,

The criteria set by article 16 of the Federal Law on Banks and

banking activity. "

The Bank of Russia has the right to demand replacement of persons holding positions,

specified in parts of fourth and 6 11-1 Federal

laws " About banks and in banking

gaps in qualification requirements and business requirements

reputation established by Article 16 of the Federal Law " On Banks and

banking activity. "

(Article 60 Ed. Federal Act of 2 July 2013 N

146-FZ-Russian Federation Law Collection, 2013,

27, art 3438)

Article 61. If not otherwise installed by the federal laws

acquisition ( exception, if shares (shares) of credit

organizations are purchased at its institution) and (or) in

trust ( - syndication)

one transaction or multiple transactions with one legal

or physical person 1 percent (shares)

organization requires notification of the Bank of Russia, and more than 10%

-the preliminary of the Bank's (in Ed. Federal

Law of 2 July d N 146-FZ-Legislation Collection

Russian Federation, 2013, N 27, est. 3438).

Getting the tentative consent of the Bank of Russia in order,

set of this Article, requires in

Syndication:

1) more than 10 percent of the credit institution's shares, but no more than

25% of shares;

2) more than 10 percent of the credit institution's share, but no more

one third of the share;

3) more than 25 percent of the credit institution's shares, but no more

50% of shares;

4) more than one third of the credit institution's share, but not

50% of shares;

5) more than 50 percent of the credit institution's shares, but no more than

75 percent of the stock;

6) more than 50 percent of the credit institution's share, but no more

two thirds;

7) more than 75 percent of the credit institution's shares.

8) more than two thirds of the credit institution's share.

(Part introduced by Federal Act of 2 July 2013 N 146-FZ

Russian Law Assembly, 2013, N 27, 100

3438)

Russia's

fixing a legal or to the result

one deal or several deals

or

indirect (through third individuals) -Shareholders

[ members] of the credit of the

% (shares) of the organization's (

Control over Shareholders (Participants)

organization) (to the red. Federal Act of 2 July 2013 N 146-FZ

Russian Law Assembly, 2013, N 27, 100

3438).

The requirements of this article are propagated

buying 1 % (shares)

credit institution, more than 10 percent of (shares) credit

organization and/or control of Shareholders

(participants) group

so according to Federal Law of July 26, 2006 N

135-FZ "On the protection of competition" (ed.) Federal Act of 2 July

2013 EN 146-FZ-Assembly of Russian Legislation,

2013, N 27, article 3438).

The Bank of Russia no later than 30 days from the date of receipt of the request

consent of the Bank of Russia to commit transaction (deals),

(shares)

and (or) to establish control over shareholders

(members) of credit organization, reports to the applicant in writing

form of your solution is about consent or rejection. If, if

The Bank of Russia did not report the decision in of

time, corresponding transaction (s) is considered to be consistent (in

Federal Act of 2 July 2013 N 146-FZ- -Collection

Russian legislation, 2013, N 27, sect. 3438).

Notification of purchase 1 percent (shares)

Credit organization forwarded to Bank of Russia not later than 30 days

from the date of this acquisition.

In cases defined by federal laws, Bank's consent

Russia to Transaction (deals) Directing Purchasing

more than 10 percent of shares (shares) of credit organization and (or)

Control over Shareholders (Participants)

organization, can be obtained after committing the appropriate

deal (hereinafter referred to as consent) (reed. Federal Law

from July 2, 2013 N 146-FZ-Legislative Assembly of Russian

Federation, 2013, N 27, st. 3438).

The order of the pre- and

consent of the Bank of Russia to commit transaction (deals),

to purchase percent (shares)

and (or) to establish control over shareholders

the credit of the organization, , and the order of the Bank notification

Russian buying more 1 percent (shares)

organization is established by federal laws and enacted in

correspondence with them by the normative by the Bank of the Russian Federation

Federal Law July 2013 N 146-FZ- -Collection

Russian legislation, 2013, N 27, sect. 3438).

The Bank of Russia in the framework for exercising its oversight functions in

right its order is right:

1) query and retrieve financial position and

business reputation of legal and natural persons who purchase more

10 percent (shares) of the credit of the organization, , and

deal (deals), (directed)

Control over Shareholders (Participants)

organization, business of the function of

Single of the of the

More percent (shares)

organization, of the person of the Singlefunction

executive of person's legal

(Transactions) Directing Control

relation (participants) of the credit of the organization,

set financial position and evaluation order

business reputation of these persons and to the right to refuse villa

consent to a transaction (s) directed (directed)

(shares)

and (or) to establish control over shareholders

(participants) of the credit of the organization

unsatisfactory financial and facts

poor business of reputation

installing control (attendees)

credit organization, facts of poor business

reputation of the Single

executive body of the legal person who is purchasing more than

% (shares) of the credit of the organization, of the person

Single Organ

legal of the person to the deal (transactions), directed

(Directing) Control of Shareholders

(members) of the credit of the organization, , and in other

federal laws and in with

Bank of Russia regulations;

2) query and retrieve financial position and

business reputation of legal persons who own more than 10 %

shares (shares) of the credit of the organization, and (or) legal

control (attendees)

credit organization, business of the person's

function of the sole executive body of the (principal)

credit of the organization, , and (or) of the person of the

sole executive body of the person exercising control

in relation of (participants) of the organization,

set financial position and evaluation order

business reputation of specified faces, query and to get

information about the business reputation of individuals who own

% of shares (shares) of credit organization or

Control of the Shareholders (Participants) of the Credit Organization,

and order the business reputation of these individuals.

(Part of the red. Federal Act of 2 July 2013 N 146-FZ-

The legislation of the Russian Federation, 2013, N 27, st.

3438)

In the thirty-day time

unsatisfactory financial (or) facts

poor business reputation of legal owners

10 percent (shares) of the organization's or

control (attendees)

credit organization, facts of poor business

reputation of physical s 10 percent

(shares) or of

Shareholders ' Relation (Contribus) of the organization, facts

poor business reputation

function of the Single Executive of the legal

(contributor) of the credit organization owning more than 10

% (shares) of the credit of the organization, of the person

Single Organ

legal entity, exercising control over shareholders

Russia's credit

specified persons requiring removal of specified

real of or decreasing participation

shareholders (participants) in the company's charter capital

before size, not greater than 10 percent of the share (share) of credit

organization or about committing (deals) targeting

(Directing) -Shareholders

(participants) credit organization (

requirement) (Part introduced by Federal Act of 2 July 2013. N

146-FZ-Russian Federation Law Collection, 2013,

27, Text 3438).

Copies of the given 10th

Articles, are sent to the organization and a shareholder

(contributor) whose relationship is

control (part of introduced by Federal Law 2

July 2013 N 146-FZ - Collection of the Russian

Federation, 2013, N 27, st. 3438).

The parts of

enforce a requirement no more than 90 days from the date of receipt

(Part introduced by the Federal by the law of July 2, 2013). N 146-FZ-

Russian legislation meeting, 2013, N 27, st.

3438).

From the receipt of 10th of this

the order and day of its execution or cancellation

parts of tenth of this article stockholders (participants) have

votes only for shares (shares) of credit institution not

exceed 10 percent (shares) of the credit of the organization.

Other (shares), -owned by (participants)

allowed violation and order

belonging to shareholders ( of whom

control for

requirements, are not voting rights and are not considered

Shareholders

credit of the organization (part introduced by Federal Act of July 2

2013 EN 146-FZ-Assembly of Russian Legislation,

2013, N 27, article 3438).

Requirement to be canceled by the Bank of Russia in case

requirements. Bank of Russia Act on the Abolition of Prescriptions

is sent to tenth and parts

true article, in the Bank of the Russian Federation (Part

has been introduced by the Federal Law of July 2, 2013. N 146-FZ-Assembly

Russian legislation, 2013, N 27, sect. 3438).

The regulation form is set by the act of the Bank

Russia (part of the Federal Law from 2 July 2013 N

146-FZ -Collection of Russian legislation, 2013, N

27, Text 3438).

The Bank of Russia has the right to challenge in the order of the [ [ court order]]

(participants) of the organization's

accepted in violation of the requirements of thirteenth

true article and transactions perfect

solutions if voting shares (shares) specified by in

part of the thirteenth article has affected decisions, accepted

general meeting (participants) of the credit of the organization

(Part introduced by Federal Act of 2 July 2013 g. N 146-FZ

The legislation of the Russian Federation, 2013, N 27, st.

3438).

In Russian Requirements

court order to reduce participation in charter capital

Credit Organization of Shareholders (Participants)

ten true article, to a maximum of 10 percent

shares (shares) or Termination of Implementation

control over shareholders (participants) of the organization

The

part of is introduced by the Federal Act of July 2, 2013. N 146-FZ-

Russian legislation meeting, 2013, N 27, st.

3438).

(Part of the power lost under the Federal law of

July 2013 N 146-FZ - Collection

Federation, 2013, N 27, art 3438

Acquisition (shares) of the account

Non-resident funds are regulated by federal laws.

(Article 61. Federal Act of 29 December 2012 N

282-FZ -Collection of Russian legislation, 2012, N

53, art. 7607)

Article 61-1. The Bank of Russia in goals of control

Data

personal data validation:

1 board members (tip )

Single Executive Members

collegier executive accountant's master

organization's

accountant's

manager, chief accountant of a branch of a credit institution;

2) candidates

(Supervisory Board), Single Executive Body,

alternates, members of the executive of the body

Chief Accountant, Subaccountant of the credit

organization, manager, master accountant's branch of credit

;

3 executive

legal 10

percent

( more 10 percent) (shares)

organization, of the person of the Singlefunction

executive of person's legal

(transactions), Directing (Directing) Control

( control) (attendees)

credit organization;

4) other employees of the credit organization,

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}

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acquired shares (shares) of credit organizations, individuals,

deal (deals), (directed)

Control ( control) in

shareholders (members) of the credit organization,

affiliated persons of credit organizations, other physical in

relations with which the Bank of Russia receives personal data within the framework

the functions that are assigned to it.

To handle personal data in the part of first

true articles use information received by Bank

Russia in Control and Oversight (in

volumes of Checks Organizations (

organizational units), audit tests

credit organizations ( organizational units), info for temporary

Credit Management Administrations Organizations, Competitions

control (liquidators) and their authorized representatives, other

documented information.

To handle personal data in the part of first

true purpose of the Bank of Russia to request and receive for

Donation from federal executive authorities

their territorial bodies, legal entities information needed

to assess the business reputation of the article

compliance with criteria set by 16 Federal

The Bank and Banking Act.

The Bank of Russia has the right to include in the summary

statistical and analytical information about about the banking

Russian Federation names, names, names, names

posts, dates of birth, education, experience

last five Single

alternates, members of the executive of the body

Chief Accountant, Subaccountant of the credit

organization, manager, master accountant's branch of credit

organization.

(Article 61-1 was introduced by the Federal Act of 2 July 2013. N

146-FZ-Russian Federation Law Collection, 2013,

27, art 3438)

Article 62. goals of credit

Bank of Russia may set the following required

standards:

1) (Paragraph 1 is no more effective under the Federal Act of 3

May 2006 N 60-FZ - Collection Russian

Federations, 2006, N 19, art. 2061)

2 (non-cash) property

charter capital of the credit organization, also types

property in non-cash form that can be paid

authorized capital (ed.) Federal Act of 3 May 2006 N

60-FZ-Russian legislation collection, 2006, N 19,

2061);

3) maximum risk of on one borrower or group

Related Borrowers;

4) maximum large credit risk size;

5) Credit Organization liquidity requirements

6) equity ratios (capital);

7) currency, percentage, and other financial risk;

8) minimum size of reserves that are created at risk;

9) standards for using (capital)

credit for shares (shares)

legal entities;

10) maximum credit, bank guarantees and

surety provided by a credit organization (bank

group) to its members (shareholders);

11 maximum risk on the credit risk

organization

(para. 11 was introduced by Federal Law of July 2, 2013). N 146-FZ-

Russian legislation meeting, 2013, N 27, st.

3438).

Mandatory rules, specified in of the first of this

articles can be set by the Bank of Russia for banking groups.

Article 62-1. Bank of Russia installs for non-banking

credit organizations, with translation

cash without opening bank accounts and related items

other banking transactions, of Part 3, paragraph 1

Article 1 of the Federal Act on Banks and Banking Activities

following mandatory guidelines:

1) The (capital) adequacy of (capital)

defined as the ratio of the sum of equity (capital) to

sum of before customers last reporting date

quarter. The (capital) adequacy of

set at 2 percent;

2) the liquidity standard defined as the ratio of the sum

liquid assets due to run in the next 30 calendar days

to the sum of commitments to clients last reporting date

quarter. The liquidity of is set to 100

percentage.

Non-Bank Credit Organizations

make money transfers without banking

accounts and other operations,

manage operational risk and to provide

money translation in matches

The Bank of Russia's regulations.

Non-Bank Credit Organizations

make money transfers without banking

and related other banking operations

average in six months the amount of customer obligations on translations

money without opening bank accounts within a month

exceeds 2 billion rubles, reporting to the Bank of Russia

quarterly.

Non-Bank Credit Organizations

money transfers of without opening banking

accounts and other operations

average for six months of obligations to translations

cash without opening bank accounts within a month

exceeds 2 billions of rubles, Reporting to the Bank

Russian once in six months.

The order and of the reporting form non-bank

credit organizations eligible for translation

cash without opening bank accounts and related items

other banking transactions, set by Bank regulations

Russia.

Non-Bank Credit Organizations

money transfers of without opening banking

accounts and related other operations, to the right

host money, clients for

translations without opening bank accounts, exclusive:

1) on the correspondent account in the Bank of Russia;

2) on Bank of Russia deposits;

3) on correspondent accounts in credit organizations.

Non-Bank Credit Organizations

make money transfers without banking

accounts and other operations,

expose

circle to

control or significant

procedure set by the Bank of Russia for accounting banks

in Mandatory Deposit Insurance in Banks

Russian Federation. Federal Act of 2 July 2013

NN 146-FZ-Russian Federation Law Assembly, 2013, N

27, Text 3438).

(Article 62-1 was introduced by Federal Law of June 27, 2011). N

162-FZ-Legislative Assembly of the Russian Federation Federation, 2011, N

27, st. 3873)

Article 62-2. Bank of Russia installs for non-banking

credit organizations counterparts

mandatory standards:

1) Sufficiency of equity (capital);

2) of total resources;

3) sufficient individual clearing support;

4) liquidity;

5) of the maximum concentration risk.

Numerical values and methodology for calculation of required standards

non-bank organization- of the counterparty

is established by Bank of Russia regulation.

Non-Bank Central

counterparty does not apply required standards, installed

Articles 62 and 62-1 of this Federal Law.

(Article 62-2 was introduced by Federal Law of December 29, 2015).

N 403-FZ-Russian Federation Law Assembly, 2016, N

1, Art. 23)

Article 63. (Uspent force on the basis of the Federal Act

May 3, 2006 N 60-FZ - Collection Russian

Federations, 2006, N 19, art. 2061)

Article 64. The maximum risk of a single borrower or

related borrowers

for for

organization-as a percentage of equity (capital)

credit organization and cannot exceed 25 %

own (capital) (capital) of the organization; for

bank group-in % of size

(capital) bank and may not exceed 25 percent

the size of the bank group's own funds (capital).

In determining the maximum risk of one Borrower

group of related borrowers is included in the commitment (persons

in a group of related borrowers) before a credit organization

(bank group) and commitments

due to which a credit institution has requirements in

relation of the (persons in in the group

borrowers).

Related Borrowers in Federal

law is recognized by borrowers (legal and (or) natural persons)

case, if from controls or

significant influence on another of a Borrower (Borrowers) or

if borrowers are under control or significant

third (third (not )

borrower (Borrowers). Control and significant impact

defined in accordance with International Financial Standard

{ Reports that are recognized in the territory of the Russian Federation.}

For the purpose of this Federal of the group

borrowers of a credit institution (banking group) also include

Borrowers (Legal and (or) Physical Persons), Related

that the economic deterioration of one of a person can

cause (bad execution) another

person (s) of obligations before credit

(banking group), in particular, because legal and

(or) individuals provided directly or through

third-person funds received from the credit of the organization

(bank group) on loan agreement (loan, deposit), other

or group

(credit, deposits)

performance compliance and (or)

loan contract (loan, deposit) before credit

is exercised by the same third person, not ,

before credit by (bank group)

loan contract (credit, deposit).

(Article 64 Ed. Federal Act of 2 July 2013 N

146-FZ-Russian Federation Law Collection, 2013,

27, art 3438)

Article 64-1: Max risk to

credit organization ( group with credit

organization

own funds (capital)

exceed 20 percent (capital)

credit organization.

By the organization's legal

goals of this Federal Law are understood by the legal person

which controls the credit organization or

significant influence, or legal person whose activity

controls or

credit organization.

Under the credit

goals of this Federal law mean the physical person

( close relatives: (spouse), parents, children,

adoptive parents, siblings, Grandfather

Granny, grandchildren):

1) controls the credit organization or

significant impact;

2) is a member of the board of directors (supervisory board)

single by the authority, by the master

accountant of the credit of the organization, member of

executive of and other by the (employee)

decision-makers ( number of collegially)

credit organization (deals) whose results can

impact on compliance with

rules or reasons for

insolvency (bankruptcies)

organization.

Legal and (or) physical faces, related with credit

organization, in compliance with Federal

the group with the organization

exclude legal entities that control or

which have a significant impact on a credit institution or

close relatives of credit-related persons.

When you define the maximum risk on ,

credit organization ( group with credit

organization of persons) takes into account the obligations of the person (s in

group of faces) before credit and before

third individuals because of of the organization

claims against the specified person (s, in

group of persons). The notion of the maximum

risk size for credit organization (group

associated individuals) used in

defined by Federal Law of July 26 2006 N 135-FZ

"About the protection of competition". Bank of Russia Regulations to be determined

signs of possible connectivity of the person (s) with the credit institution

as well as how the Bank of Russia is implementing compliance monitoring

credit organizations for the maximum risk

related credit to (the group

credit organization of persons).

To determine the maximum risk size associated with

credit organization ( group with credit

organization authority to the

a decision to recognize a person as a person related to a credit organization

(belonging to the credit

reasons for a reasoned judgment. Banking Committee

oversight must contain justification for the person's (face)

associated with a credit organization (belonging to a group related

credit organization), including symptom information, on

reasons for which such a decision has been taken, the timing of the credit

organization requests to (persons),

associated with a credit organization (belonging to a group related

credit organization in compliance with

set by the Bank of Russia on of this Federal

law. For the Committee's consideration of the banking control

recognition of a person (s) by a person, related with the credit of the

(included in group with credit )

Chairman of the Banking Supervision Committee has permission to forward

mandatory credit for

to provide additional information to the credit organization.

Based on the Bank Supervision Committee decision of the Bank of Russia

requires recognition of the person (persons)

face, linked with credit (in the group

associated with a credit organization).

Credit organization for days days after

getting the requirement has the right to appeal to the President

The Bank of Russia. credit

is responsible for substantiating the lack of a person (s), in relation to

The

which is the target of the credit organization.

Chairman of the Bank of Russia considers this statement in current

15 days Bank   of the Russian Federation. By

Review The President

Russia refuses or to cancel

request.

By Results of Credit Organization Maximum

risk to face, by face, related of credit

organization (belonging to a group related to a credit organization

faces), according to the size given by of the Russian

true Federal law, credit organization

informs about this Bank of Russia.

(partial performance) commitment to credit of the organization

( group )

requirement, credit organization directs to Committee of bank

oversight information about the specified circumstances, including the statement,

confirming that (partial execution)

was bound with to

organization directly or indirectly (via faces) risks

loss. Banking supervision

information, provided by the credit of the organization, , and

recognition of the credit by the organization

maximum risk per person recognized by

credit organization (included in group related with credit

organization of persons), according to the amount set by the Bank

Russia under this Federal Law or Denial

recognition of this fact. For Banking Committee

oversight of the Banking Committee

oversight (his deputy) has the right to submit for

organization's request for provisioning

will provide additional information.

Bank of Russia regulations determine the order of adoption

Committee for Banking Supervision of the Decision on Allocations to Related

with credit organization (inbound in group

credit organization) based on reasoned judgment,

order of credit organization and review requirements

calls from a credit institution in accordance with this article.

Requirements Committee Requirements

An

arbitration court in the manner prescribed by federal laws.

(Article 64-1 was introduced by the Federal Act of 2 July 2013. N

146-FZ-Russian Federation Law Collection, 2013,

27, art 3438)

Article 65. Max Credit Risks

set as expressed in percent of the ratio

magnitude of the major credit risks and of the size

(capital) of the credit institution (banking group).

A major credit risk is the sum of credits, guarantees, and

sponsorship in one client, greater than 5 percent

own funds (capital) of the credit of the (bank)

groups).

The maximum credit risk

exceed 800 percent of your own (capital)

credit organization (banking group).

Bank of Russia has the right of the major risks

credit organizations (bank groups).

Article 66. The credit of the credit of the organization

The

banking groups are defined as (in the red. Federal Act of 2

July 2013 N 146-FZ - Collection

Federation, 2013, N 27, article 3438:

ratio of its assets and liabilities to timing, , and types

assets, liabilities, and other factors;

ratio of its liquidity (cash in cash

before demand, short-term securities, others

legalized assets) and total assets.

Article 67. Your own ratios

(capital) is defined as the ratio of own funds

(capital) credit institution (bank group) and

assets weighted by risk level.

The Bank of Russia has the right to set for the standards

sufficiency of equity (capital) of credit institution,

bank ( capital adequacy

}

anti-cyclic , for significant

organizations, for bank groups, head or

whose is a system significant credit

organization, also premium for system boost, methodology

Calculus, and Credit

organizations (head credit organizations

groups, credit organizations by bank

equity (capital) for

specified allowances (part of the Federal Act of December 22

2014 N 432-FZ-Assembly of Russian legislation,

2014, N 52, article (...) (...)

Russia

parts of the second article, , and restore

Credit by Organizations By Credit

bank groups, organizations- members

banking group) size of equity (capital) in goals

compliance with these allowances sets the margins of to profit,

credit of the organization

banking group, organizations- bankable

groups) cannot be distributed based on need to restore

own (capital), methodology

targets of this Part, Order of Credit

organizations (head credit organizations

groups, credit by bank group member organizations

Russian Bank of Notification of such calculation, order of plan

restoring (capital) (capital)

concurrence with the Bank of Russia (part introduced by Federal Law

December 22, 2014 N 432-FZ-Legislative Assembly of the Russian Federation

Federation, 2014, N 52, st. (...) (...)

Article 68. Russia's

control of and the order of accounting

open (bank groups)

currency, percentage, and other financial risks.

Article 69. The Bank of the Russian determines the order of

size to tax (funds) of credit

for possible loss of loans, currency,

% and other financial risks per with

laws (in Federal Law of 23 December 2003

180-FZ-Russian Law Assembly, 2003, N 52,

5032).

Article 70. The native tools

(capital) credit organization for shares (shares)

other legal defines as a percentage

relation invested and (capital)

credit organization (banking group).

The size of your own equity (capital)

credit for shares (shares)

legal entities cannot exceed 25 percent of their own size

funds (capital) of a credit institution (bank group).

Article 71. Maximum credit, bank guarantees, and

surety provided by a credit organization (bank

group) to its members (shareholders), defined as a percentage of

own funds (capital) of the credit of the (bank)

groups).

The specified regulation cannot exceed 50 percent.

Article 71-1. Russia has the right to set

calculation and mandatory guideline values defined by Article 62

true Federal Law as well as additional required

ratios (ratio of certain assets and liabilities), magnitude and

The Russia

credit organizations, are issuers of s

Mortgage or s s Den Bond

money requirements or

requirements for performance of obligations

Mortgage Agent Bond or Societies

(article 71-1 was introduced by the Federal Act of 21 December 2013). N

379-FZ-Legislative Assembly of Russian Federation, 2013,

51, article 6699).

Article 72. Bank of Russia sets the method of the definition

own funds (capital) and mandatory rules of credit

organization (bank group) with international experience

consultation with credit organizations, banking associations, and

(in the red. Federal Act of 2 July 2013 N 146-FZ-

Russian legislation meeting, 2013, N 27, st.

3438).

The Bank of Russia has the right to set differentiated standards

and of the method of calculation for credit organizations, and

other cases provided for by this Federal Law (to the red.

Federal Law of December 2014 N 432-FZ-Assembly

Laws of the Russian Federation, 2014, N 52, article (...) (...)

About the change in standards and how they are calculated for the Bank

Russia officially declares no later than one month before

introduction to the action.

For the size (capital)

Credit Organization and Bank Bank Group

their assets ratings

normative by the Bank of the Russian Federation. Credit

organization and bank the group reflects in its accounting

(Financial) and Other

(capital), defined by the Bank of Russia. Federal Law

dated July 2, 2013 N 146-FZ-Legislative Assembly Russian

Federation, 2013, N 27, st. 3438).

If equity (capital) credit

organization will be less than the size of of the capital of

organization, of the specified of its documents, Bank

Russia is obliged to send a request to such a credit organization

casting equity (capital) and

the size of the authorized capital. Credit Organization is obliged to perform

request of Bank of Russia in order, terms and conditions,

set by paragraph 4-1 of the Federal

October 2002 N 1127- "On insolvency (bankruptcy)"

(hereinafter referred to as the Federal Insolvency (Bankruptcy) Act) (in

Federal Law of December 22, 2014. N 432-FZ-Assembly

Laws of the Russian Federation, 2014, N 52, article (...) (...)

The Bank of Russia sets the conditions for inclusion of subordinated

loans (deposits, loans, bonds)

sources of equity (capital) of credit organization, a

also Subordinated Credit (deposits,

Loans, Bond sources of own

capital (capital) of a credit institution. Amount of subordinated

loan (deposit, of the bond of the loan) after

pre-concurrence with Bank of Russia, in

order, set by the Bank of Russia's regulatory act,

excluded from equity calculation (capital)

organization on early avoidance of subordinated contract

loans (deposits, loans), early repayments on

Credit of the Borrower (part of entered

Federal Act of 29 December 2006 N 247-FZ - Collection

Laws of the Russian Federation, 2007, N 1, article 10).

Bank of Russia has the right to suspend payment of main amount of debt

and (or)% by contract of subordinated loan (deposit,

loan) or bonds in order, established by regulations

Bank of Russia, if suspension of payments is provided

treaty subordinated (deposit, loan) or

registered terms of bonds and implementation

regular payments in favor of creditors will cause to

reasons for

credit organizations,

under 4-1

Federal (bankruptcy) ".

At the same time, the Bank of Russia imposes a credit ban

organization of decisions about the distribution of profits between its founders

(participants), payment (announcements) of dividends, and taboos

profits between its founders (participants), payment

dividend, meeting the requirements of the founders (participants)

Credit of the organization to allocate a share (share) or pay

real cost or buyback of the credit of the organization.

of the Subordinated Credit Contract

(deposit, loan) or bond and credit ban

organization of decisions about profit distribution, payment (announcements)

dividend, and distribution of to

founders (members), to pay them dividends, satisfaction

Requirements of the Credit Organization's Founders About

(percentage of share) or payment of its true value, or

{ \cs6\f1\cf6\lang1024

eliminating the real reason

Request

credit of the organization, in the order of installed

The Bank of Russia (part of the Federal Act of December 29, 2006)

g. N 247-FZ-Assembly of Russian legislation, 2007,

N 1, st. 10; to the red. Federal Law of December 22, 2014. N

432-FZ -Collection of Russian legislation, 2014, N

52, st. (...) (...)

The Bank of Russia has the right to present a credit institution to a claim

about menu (conversion) of creditors ' claims on the credit institution

subordinated loans (deposits, loans, bonded

loans) based on and in order of order

act of the Bank of Russia (part of the Federal Act of December 22

)

2014 N 432-FZ-Assembly of Russian legislation,

2014, N 52, article (...) (...)

Article 72-1. Bank of Russia set requirements for banking

and ratings

risks, including the quality of the data used in these data models

by organizations, in in groups for

asset score, for the ratio of your own

capital (capital) and other mandatory regulations.

Credit organization, the credit of the organization

banking group can assume the responsibility on

and models

banking techniques

risk assessments for the purpose of calculating mandatory standards. Bank

risk management and quantitative model risks

applies only to permission issued by the Bank of Russia

on credit of the credit

bank of the group. Order of

Bank

Models

The Bank of Russia sets the

risk assessment.

How to evaluate the quality of bank risk management techniques

and quantitative risk assessment models set by regulatory

Acts of the Bank of Russia.

The Bank of Russia denies permission in the case of if

Results of the Bank of Russia Bank Quality

{ \cs6\f1\cf6\lang1024

} Risk Management{ \cs6\f1\cf6\lang1024

}

{ \cs6\f1\cf6\lang1024

}

will not match requirements, installed

The Bank of Russia.

Credit organizations, credit of the organization

banking groups are required to comply with bank control

risks and of the risk assessment to use

which have been issued by the Bank of Russia.

Significant

Bank of Russia permissions for management of risks of and

risk

base permission of the Bank of Russia, received in

The

present article order. Materiality Criteria

are set by the Bank of Russia.

In case of non-compliance with bank risk management techniques,

quantitative risk assessment models for which is issued

permission of the Bank of Russia, Bank of the Russian to the right

order to require compliance

and

models, and (or) set high risk settings

used for calculation of capital adequacy, and (or) to apply

measures included in the first, paragraph 3 of 2,

Paragraph 6 of Part Two of Article 74 of this Federal Law.

of the banknote

and risk risk risks

Bank of Russia requirements bank Russia has the right

order to require casts of banking

Models in compliance with Russia, , and (or)

set higher risk parameters, for

calculation of of capital adequacy and (or) to apply measures

part one, paragraph 3, paragraph 2, 6

Part 2 of Article 74 of this Federal Law.

If you are removing or changing the base for

elevated risk parameters The Bank of Russia takes the decision

about their cancellation, notifies credit to the organization,

credit organization of the bank group in order,

The Bank of Russia.

If a credit is not a credit credit

organization of the bank's bank

compliance with this article of the Bank of Russia

recall in permission

and models

banking techniques

risk assessment for the purpose of capital adequacy calculation.

(Article 72-1 was introduced by Federal Law of 2 July 2013 g. N

146-FZ -Collection of Russian legislation, 2013, N

27, art 3438)

Article 73. To carry out banking regulation functions

and bank Bank Supervision Credit

organizations ( branches), directs Mandatory for

fulfillment of the order identified in activity

federal laws, in accordance with them

Bank and applies

true Federal measures against offenders (in

Federal Law of June 27, 2011 N 162-FZ - Collection

Laws of the Russian Federation, 2011, (...) (...)

Checks can be performed by authorized representatives

(employees) of the Russian order, by the Tip

headmasters, , or on audit board

organizations.

Russia's

right to receive and check reporting and other credit documents

organizations (their branches), if you want to withdraw copies of

relevant documents to be included in the review materials.

How Organizations Checks (

branches), responsibilities

organizations (their affiliates)

is defined by the Board of Directors.

Banking

banking supervision of Bank of Russia does not have the right to spend more than one

credit organization (its branch) and

questions for one and the same reporting period of credit activity

organization (branch office), except in cases

true article. With , this check can only be covered

five years of the organization's

branch) prior to review year.

Hosting of the Russian credit check

organization (its branch) on the same questions for one and the same

{ \cs6\f1\cf6\lang1024 } Credit{ \cs6\f1\cf6\lang1024 }

{ \cs6\f1\cf6\lang1024

}

for an already checked period is resolved based on the following:

if this check is due to with or

Elimination of Credit Organization;

based on the reasoned decision of the Board of Directors. This solution

can control

Activity of the Bank of Russia

verification, or of the request

corresponding structural arm of the Bank of Russia in

and Liabilities

credit organization. For these purposes, the application is structural

The Bank of Russiaunits must contain indications as to the

signs of precarious financial condition of credit institution,

if these

the real threat to the interests of creditors

(depositors) of the credit of the organization. These must

expose and to matches with methods,

installed by the normative of the Bank of of the Russian Federation. Retra

verification, of the based on a motivated decision of the Council

directors, implemented with central

The Bank of Russia's

Federal Act of 10 January 2003

g. N 5-FZ-Assembly of Russian legislation, 2003, N

2, article 157).

(Paragraph is excluded by Federal Law of January 10, 2003 N 5-FZ-

Russian legislation, 2003, N 2, art. 157)

The Bank of Russia has the right to check activity

territories of foreign states, credit organizations,

is part of banking groups and bank holdings. Central Bank

and (or) Other control of a foreign state, in function

which includes supervision, can get in

premises of Russian Federation

credit organizations - members of groups, head

organizations of which are foreign banks, and information about

their activity subject to the written consent of the credit data

organizations- members of groups of groups. Aboutresults

visits to specified authorities inform the Bank of Russia (part of entered

Fed by Law July 2013 N 146-FZ- -Collection

Russian legislation, 2013, N 27, sect. 3438).

Article 74. In of the violation by the organization

federal laws, regulatory

Acts and of the Bank of Requirements,

incomplete or unreliable information,

mandatory audit, non-discovery of information about your activity, and

Audit Opinion on it Bank of Russia has the right to require from

credit to resolve detected violations, search

fine of up to 0,1 % of the minimum size of

capital or limit to the credit organization

individual operations, including the parent credit of the organization

banking of the group, the organization's bank,

bank group members, bank holding members, with

related with her face (associated individuals), up to six

months.

in Russia's deadline

Bank of Russia Prescriptions

credit organization activities, in if

infractions or by by the credit by the bank

operations or transactions created a real threat to the interests of its creditors

(depositors), Bank of Russia right:

1 fine

% of the size of paid equity capital

percentage of minimum authorized capital size;

2) require a credit institution:

financial

credit organization, including changes to the structure of its assets;

replacement of persons whose list of positions is specified in

60

true of the law, or size limits

compensation and (or) stimulating payments given to

up to three years;

Reorganize your credit organization;

3) enter the organization

individual banking operations

license operations, in

umbrella Credit by the group of the group, of the head

banking holding company, members of bank

members of the holding, with it

(related persons), to one year,

open branches for up to one year;

4) Assign a Temporary Administration to Credit Management

organization before six months. Assignment Order and

Temporary Administration Activity federal

laws and issued according to statutes

Bank of Russia;

5) enter reorganizing

organization, if in the result will be justified

for the Credit Warning

organization, provided by paragraph 4-1 of Chapter IX Fed

insolvency law " (bankruptcy)" (in Ed. Federal

law of December 22, 2014. N 432-FZ-Legislative Assembly

Russian Federation, 2014, N 52, art. 7543);

6) require from (participants) of credit

organization, that alone or because of existing

agreements, , or participation in each other's capital, or other

direct or indirect interoperability

provide the control's control

credit organization, take action targeting

increase of your credit organization's equity (capital) to

size, to enforce compliance with mandatory standards, in

number by the limit on the distribution of the credit

organization for payments that result in a reduction in their own funds

(capital) of a credit institution Federal Act of 22

December 2014 N 432-FZ- Law Collection Russian

Federation, 2014, N 52, art. 7543);

7) Introduce a limit on the percentage of which

credit organization defines in bank of deposits

(projected) during constraint action,

maximum interest rate, but not below two-thirds

Bank of Russia's refinancing rate on bank deposits in rubles

and not less than the LIBOR rate on bank deposits in foreign currency

as of the constraint for before for one year. In

true of the position in the rate

percentage includes any non-interest payments

credit organization pays to individuals-individuals, a

also in natural form, the credit

is passing on to individuals.

In , if the credit of the banknote

violation due to bank requirement group

federal laws,

represents incomplete or untrusted information

mandatory audit or no consolidated reporting

and an audit opinion on it, the Bank of the Russian has the right to apply

lead credit of the group of the measure group

envisaged parts of the first of this article. Violation

Bank of Russia according to this Federal

legally binding guidelines for bank Bank Russia

is eligible to apply to the banking group's lead credit organization

The

measures provided for in the first part of this article.

Head credit of the group of

executes Russia Violations

related in bank group, if

violations create a threat to the legitimate interests of creditors (depositors)

credit organizations -

banking group, Bank of Russia right:

1) recover from the bank group's lead credit organization

fine in 1 % of the paid prepaid

capital, but not more than 1 percent of the minimum size of

capital;

2)

Part 2

true article.

For the requirements of the

mandatory bank credit ratings

organization of bank group alone takes decisions,

related to the activities and assets of the bank group.

If (participant) of the credit of the organization

violated order of under control, or

significant influence on credit organization, in

compliance with Federal Law of 23 December 2003 N 177-FZ

" About Insurance Russian Banks

Federation, and (or)

Credit

Credit

organization of responsibilities assigned to it by regulatory legal

acts, and (or) made a deal with a credit institution

which (which) entailed

organization of mandatory rules, and (or) of the stockholder action

(contributor) credit of led to a credit violation

organization (head credit group bank

credit by the bank's group of requirements

Federal Banks and Banking

complying with Bank by the

sufficiency of own funds (capital) and (or) installed

Russia compliance

Repair of Private Equity (Capital), Bank of Russia

later Thirty days of the violation

directs this shareholder (participant) to resolve

violations and (or) to implement measures, to resolve

approved credit violation (hereafter referred to as a requirement

implementing measures), when no more than onehas elapsed since the violation occurred

years. Copies of s send credit

(in Ed. Federal Law of December 22, 2014. N

432-FZ-Russian Federation Law Collection, 2014,

52, st. (...) (...)

Russia's order (or)

The shareholder

(participant) credit organization no longer than 45 calendar

days from the date of receipt of such an act. In case of failure of the shareholder

(participant) credit of the Order of the Russian

Resolve violation and (or) enforcement requirements

Shareholder (contributor) of the general

meeting (participants) of the credit of the organization

pauses from of the day for

45-day period, before or

corresponding requirement. Below the suspension

(contributor) of the organization's general meeting

shareholders (participants) of credit organization understand that shares

(shares) (contributor) of the credit of the organization

voters are not, and are not counted of the definition of

general meeting of the shareholders (participants) of the credit institution.

The Bank of Russia has the right to challenge in the order of the [ [ court order]]

General Shareholders Meeting (participants) and

transactions performed in in

participating in a shareholder's vote (participant) of the credit of the

during the action of the requirement specified in Part 7 of this

articles, if such participation has affected decisions

General

Meeting of the shareholders (participants) of the credit institution.

Russia's order (or)

requirement to implement measures to be cancelled by the Bank of Russia in

case (participant) (participant) of the credit of the

The Bank of Russia's violations. The Bank of the Russian Federation

Russia Bank (or)

guideline for action addressed to a shareholder (participant)

credit organization and organization in order,

The

regulatory act of the Bank of Russia.

is established by Bank of Russia regulations.

The Bank of Russia has the right to withdraw the license from the credit of the

for banking transactions based on

The Federal Act on Banks and Banking . Order

recall licenses on operations

is established by Bank of Russia regulations.

Credit organization can't be applied by the Bank of Russia

measures that are part of the first part of this article,

if from the violation of has expired five years. Measures,

provided by this article, can be used by the Bank

Russia due to failure by credit institution (its branch)

(s) of the Bank of Russia,

The Bank of Russia regulations or preceptions.

The Bank of Russia may appeal to for

credit organization or other sanctions

federal laws, not later than six months from

finding violations from specified in parts one-

{ fourth

}

(Article 74. The Federal Act of 2 July N

146-FZ -Collection of Russian legislation, 2013, N

27, art 3438)

Article 75. Bank of Russia performs an activity analysis

credit organizations (bank groups, bank holdings) in

to identify situations that threaten the legitimate interests of depositors

and lenders of credit institutions and banking stability

{ Russian Federation } } Federal Act of 2 July

2013 EN 146-FZ-Assembly of Russian Legislation,

2013, N 27, article 3438).

If of the bank is entitled

take measures, provided for in Article 74 of this Federal

law,

activities to improve the financial health of credit institutions.

To prevent s listed in this article

Russia maintains a database of persons holding positions specified in

60 of this Federal Law (Candidates for the

positions), for other employees in and other

faces activities

financial clause of organization or violations

Russian Federation and Bank Acts

Russia. The database

Bank of of Russia. In goals of the database of the Bank of Russia

request information from federal executive authorities

their organs, legal (part of

Fed by Law July 2013 N 146-FZ- -Collection

Russian legislation, 2013, N 27, sect. 3438).

Article 75-1. On Failure by Credit Organization in

required by the Bank of Russia, binding requirement

resolve violations, related with and (or)

(Discovering) Reporting, , and

assumptions about the presence of s 172-1

Criminal of the Russian Federation, Bank of the Russian Federation

three business days since the detection of these circumstances

send materials investigative organs, delegates

pre- criminal

crimes, 172-1 Criminal Code

Russian Federation, to resolve the issue of criminal prosecution

cases (art. 75-1 introduced by Federal Law of July 21, 2014). N

218-FZ-Collections of Russian Federation Federation, 2014,

30, article 4219).

Article 76. Bank of Russia to the right to assign

representatives to the credit institution in cases where:

1) Credit of Received By State

Bank Development Bank

(Vnesheconombank) " (later- Vnesheconombank) credit

foreign currency according to Article 1 of the Federal Law

from 13 2008 N 173-FZ " On additional measures

Support for the Russian Federation (hereinafter-

Federal Act " On additional measures on support for

Russian Federation System);

2) Credit of the organization from the Bank of Russia

subordinated credit (loan) with

Federal Act on additional financial support measures

Russian Federation System ";

3) Credit of Received Vnesheconombank

subordinated credit (loan) with

Federal Act on additional financial support measures

Russian Federation System ";

4 in the organization's Federal

budget deposits in matches > 236

Budget Code of the Russian Federation;

5) Credit by the organization the Bank of Russia in

compliance with article 46, paragraph 1-1 of this Federal Law

for more than one month;

6) The Central Bank of the Russian Federation " Agency

Insurance of deposits " implemented in relation to the credit institution

measures to prevent bank failures, members

Mandatory Individuals ' Deposit Insurance

Russian Federation

Federal (bankruptcy) "(bankruptcy)"

Federal Act of December 22, 2014 N 432-FZ- -Collection

Laws of the Russian Federation, 2014, N 52, art. 7543;

7) The credit organization's assets amount to 50 and

billions of and (or)

physical banks

bank accounts, and

billions

.

Authorized representatives of the Bank of Russia can be appointed

in credit organization in cases 1-6

parts of the first article, of credit

( parts of the credit)

(interest) or deposit, or from the day of in relation

Credit Organization on Banks ' Bankruptcy

Members of the Mandatory Deposit Insurance

individuals in Russian Federation matches

§ 4-1 Chapter IX of the Federal Law on Insolvency

(bankruptcy) and can

fully implemented by credit organization of obligations raised in

links to the appropriate credit (loan) or of the deposit,

or before the end of in of the credit relation

organizing the specified measures by the warning (in .

Federal Law of December 2014 N 432-FZ-Assembly

Laws of the Russian Federation, 2014, N 52, article (...) (...)

The Commissioner of the Bank of Russia has the right to receive from

credit organization reremuneration

payable to peer and peer

{ executive bodies.}

trusted

representative of Bank of Russia right:

1) participate in without

organization's credit credit

organization, host decisions on on credit

management of assets and liabilities of a credit institution;

2) obtain information and documents from the credit organization

credit credit

providing guarantees, control of and liabilities

(requirements and obligations) of the credit institution.

Credit The is required to represent to thedelegate

representative of the Bank of Russia, upon request, information and documents

Credit Organization Activity in

number of credits and

terms and conditions for warranty, management

assets and liabilities ( requirements for and credit)

organization and preventing activity

representative of the Bank of Russia.

The organization's order

Information and documents to the authorized representative of the Bank of Russia

is set by the Bank of Russia.

requests

true article can be applied measures

article 74 of this Federal Law, and counterparties credit

organizations by contracts concluded with by and

part of the first article, right to require

early fulfillment by credit organization

contracts.

The Bank of Russia's Authorized Representatives are employees

Bank of of Russia. Assignment of thedelegate

Bank of Russiafirst

true article, implementation and termination

set by the Bank of Russia By the Government

Russian Federation. Assignment Order of the Delegate

representative of the Bank of Russia in

part one, implementation, and termination of this article

The

activity is established by the Bank of Russia.

(Article 76 Ed. Federal Act of 2 July 2013 N

184-FZ-Legislative Assembly of the Russian Federation Federation, 2013,

27, art. 3476)

Chapter X-1: REGULATION, MONITORING AND OVERSIGHT

A FINANCIAL MARKEY

(Chapter X-1 was introduced by Federal Act of July 23, 2013). N 251-FZ

Russian Law Assembly, 2013, N 30, st.

4084)

Article 76-1. The financial non-reded organizations in

matches with Federal

Implementing the following activities:

1) professional market participants;

2) investment of the fund, of the equity

investment fund and non-state pension fund;

3) Specialized of the investment of the fund

investment and non-state pension

foundation;

4) equity investment funds;

5) Clearing Activity;

6 central

;

7) the activity of the trade organizer;

8) Central Depository Activity;

8-1 reposition activity (Point 8-1 introduced by Federal

The law of December 30, 2015. N 430-FZ-Legislative Assembly

Russian Federation, 2016, N 1, st. 26, takes effect as from 30 June

2016);

9) activity of an insurance business object;

10) Non-State pension funds

11) Microfinance organizations

12) credit consumer cooperatives;

13) housing co-operatives;

14) Credit Stories;

15) actuarial activities;

16) credit rating agencies. Federal Law

dated July 13, 2015 N 222-FZ-Legislative Assembly of Russian

Federation, 2015, N 29, art. 4348);

17) agricultural consumer consumer

Cooperatives;

18) pawnshops ( ) Federal by law

December 2013 N 375-FZ- Meeting of Russian legislation

Federation, 2013, N 51, article 6695).

The Bank of Russia is the body that is implementing

and non-credit