INSTRUCTION OF CENTRAL BANK OF THE RUSSIAN FEDERATION

of August 9, 2017 No. 4484-U

About procedure for approval by committee on standards on the corresponding type of activity of the financial organizations under the Bank of Russia of basic standards and approvals by the Bank of Russia of the financial organizations approved by committee on standards on the corresponding type of activity under the Bank of Russia of basic standards

This Instruction based on part 7 of article 5 of the Federal Law of July 13, 2015 No. 223-FZ "About self-regulatory organizations in the field of the financial market" (The Russian Federation Code, 2015, No. 29, Art. 4349; 2016, No. 27, the Art. 4225) (further - the Federal Law "About Self-regulatory Organisations in the field of the Financial Market") establishes procedure for approval by committee on standards on the corresponding type of activity of the financial organizations under the Bank of Russia (further - committee on standards) basic standards and approval by the Bank of Russia of the basic standards approved by committee on standards, including the bases for refusal by the Bank of Russia in approval of the basic standard.

1. For the purpose of approval of the basic standard the self-regulatory organization in the field of the financial market (further - self-regulatory organization) represents to committee on standards the draft of the basic standard together with the cover letter in electronic form signed by the strengthened qualified digital signature of person performing functions of sole executive body of self-regulatory organization according to order of interaction of the Bank of Russia with self-regulatory organizations, certain Bank of Russia based on parts one and the eighth article 76.9 of the Federal Law of July 10, 2002 No. 86-FZ "About the Central bank the Russian Federation (Bank of Russia) (The Russian Federation Code, 2002, No. 28, Art. 2790; 2015, No. 29, Art. 4357; 2021, No. 27, the Art. 5187) (further - order of interaction).

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