INSTRUCTION OF CENTRAL BANK OF THE RUSSIAN FEDERATION

of June 21, 2018 No. 4826-U

About modification of Items 1.3 and 1.6 of the Provision of the Bank of Russia of October 2, 2017 No. 604-P "About procedure for reflection on accounts of financial accounting by credit institutions of transactions on attraction of money on bank deposit agreements (deposit), to credit agreements, transactions on release and repayment (payment) of bonds, bills of exchange, deposit and savings certificates"

1. According to article 57 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, Art. 4456; No. 31, Art. 4830; No. 50, Art. 7562; 2018, No. 1, Art. 66; No. 9, Art. 1286; No. 11, Art. 1584, Art. 1588; No. 18, Art. 2557; No. 24, the Art. 3400), part 6 of article 21 of the Federal Law of December 6, 2011 No. 402-FZ "About financial accounting" (The Russian Federation Code, 2011, No. 50, Art. 7344; 2013, No. 26, Art. 3207; No. 27, Art. 3477; No. 30, Art. 4084; No. 44, Art. 5631; No. 51, Art. 6677; No. 52, Art. 6990; 2014, No. 45, Art. 6154; 2016, No. 22, Art. 3097; 2017, No. 30, Art. 4440; 2018, No. 1, the Art. 65) and 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 June 15, 2018 No. 21) to bring in the Provision of the Bank of Russia of October 2, 2017 No. 604-P "About procedure for reflection on accounts of financial accounting by credit institutions of transactions on attraction of money on bank deposit agreements (deposit), to credit agreements, transactions on release and repayment (payment) of bonds, bills of exchange, deposit and savings certificates", registered by the Ministry of Justice of the Russian Federation on December 13, 2017 No. 49228, the following changes.

1.1. State Item 1.3 in the following edition:

"1.3. Depreciated cost of the financial liability is determined by banks with the universal license at least once a month the last calendar day of month, and also for dates of complete or partial repayment (return), including early repayment of the financial liability.

Depreciated cost of the financial liability is determined by banks with the basic license and non-bank credit institutions at least once a quarter the last calendar day of quarter, and also for dates of complete or partial repayment (return), including early repayment of the financial liability.

Frequency of determination of depreciated cost of the financial liability affirms credit institution as accounting policy.".

1.2. In paragraph six of Item 1.6 of the word" (further - 1)" shall be replaced with words IFRS (IAS) ", the order of the Ministry of Finance of the Russian Federation No. 111n (further - IFRS (IAS) 1),".

2. This Instruction is subject to official publication and becomes effective since January 1, 2019.

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