INSTRUCTION OF CENTRAL BANK OF THE RUSSIAN FEDERATION

of November 16, 2017 No. 4609-U

About modification of the Instruction of the Bank of Russia of December 20, 2016 No. 176-I "About procedure and cases of carrying out by authorized representatives (employees) of the Bank of Russia of survey of subject of the pledge accepted by credit institution as providing according to the loan and (or) acquaintance with activities of the borrower of credit institution and (or) the pledger"

1. According to article 73 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; 2003, No. 2, Art. 157; No. 52, Art. 5032; 2004, No. 27, Art. 2711; No. 31, Art. 3233; 2005, No. 25, Art. 2426; No. 30, Art. 3101; 2006, No. 19, Art. 2061; No. 25, Art. 2648; 2007, No. 1, Art. 9, Art. 10; No. 10, Art. 1151; No. 18, Art. 2117; 2008, No. 42, Art. 4696, Art. 4699; No. 44, Art. 4982; No. 52, Art. 6229, Art. 6231; 2009, No. 1, Art. 25; No. 29, Art. 3629; No. 48, Art. 5731; 2010, No. 45, Art. 5756; 2011, No. 7, Art. 907; No. 27, Art. 3873; No. 43, Art. 5973; No. 48, Art. 6728; 2012, No. 50, Art. 6954; No. 53, Art. 7591, Art. 7607; 2013, No. 11, Art. 1076; No. 14, Art. 1649; No. 19, Art. 2329; No. 27, Art. 3438, Art. 3476, Art. 3477; No. 30, Art. 4084; No. 49, Art. 6336; No. 51, Art. 6695, Art. 6699; No. 52, Art. 6975; 2014, No. 19, Art. 2311, Art. 2317; No. 27, Art. 3634; No. 30, Art. 4219; No. 40, Art. 5318; No. 45, Art. 6154; No. 52, Art. 7543; 2015, No. 1, Art. 4, Art. 37; No. 27, Art. 3958, Art. 4001; No. 29, Art. 4348, Art. 4357; No. 41, Art. 5639; No. 48, Art. 6699; 2016, No. 1, Art. 23, Art. 46, Art. 50; No. 26, Art. 3891; No. 27, Art. 4225, Art. 4273, Art. 4295; 2017, No. 1, Art. 46; No. 14, Art. 1997; No. 18, Art. 2661, Art. 2669; No. 27, Art. 3950; No. 30, the Art. 4456) and based on the solution of the Board of directors of the Bank of Russia (the minutes of the Board of directors of the Bank of Russia of November 10, 2017 No. 29) to bring in the Instruction of the Bank of Russia of December 20, 2016 No. 176-I "About procedure and cases of carrying out by authorized representatives (employees) of the Bank of Russia of survey of subject of the pledge accepted by credit institution as providing according to the loan, and (or) acquaintance with activities of the borrower of credit institution and (or) the pledger", registered by the Ministry of Justice of the Russian Federation on February 13, 2017 No. 45615, the following changes.

1.1. To state paragraph two of Item 1.2 in the following edition:

"quality evaluation of loans, the loan and equated to it debt (further - loans), completeness of forming of reserves on possible losses according to loans according to the Provision of the Bank of Russia of June 28, 2017 No. 590-P "About procedure for forming by credit institutions of reserves on possible losses according to loans, the loan and equated to it debt", the registered Ministry of Justice of the Russian Federation on July 12, 2017 No. 47384 (further - the Provision of the Bank of Russia No. 590-P);".

1.2. In paragraph four of Item 1.4 of the word "Provisions of the Bank of Russia No. 254-P" shall be replaced with words "Provisions of the Bank of Russia No. 590-P", "appendix 5 to the Provision of the Bank of Russia No. 254-P" shall be replaced with words words "appendix 4 to the Provision of the Bank of Russia No. 590-P".

1.3. To add subitem 1.7.3 of Item 1.7 after the words "behind activities of credit institution" with the words "or organizing supervision of activities of credit institutions and banking groups".

1.4. In paragraph five of subitem 7.2.3 of Item 7.2 of the word "in Items 1. 1.7 and 1.13 appendices 5 to the Provision of the Bank of Russia No. 254-P" shall be replaced with words 2, "in Items 1. 2, 1.7 and 1.12 appendices 4 to the Provision of the Bank of Russia No. 590-P".

2. This Instruction becomes effective after 10 days after day of its official publication.

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