INSTRUCTION OF CENTRAL BANK OF THE RUSSIAN FEDERATION

of May 7, 2018 No. 4791-U

About requirements to the organization by the organizer of trade of risk management system, connected with the organization of the biddings, and also with implementation of transactions with own property, and to the documents of the organizer of trade determining the measures directed to decrease in the specified risks and prevention of conflict of interest

This Instruction based on parts 1 and 4 of Article 15, Item 12 of part 1 of article 25 of the Federal Law of November 21, 2011 No. 325-FZ "About the organized biddings" (The Russian Federation Code, 2011, No. 48, Art. 6726; 2012, No. 53, Art. 7607; 2013, No. 30, Art. 4084; No. 51, Art. 6699; 2015, No. 27, Art. 4001; No. 29, Art. 4357; 2016, No. 1, Art. 47, Art. 48; No. 27, Art. 4225; 2017, No. 30, the Art. 4456) (further - the Federal Law "About the Organized Biddings") establishes requirements to the organization by the organizer of trade of risk management system, connected with the organization of the biddings, and also with implementation of transactions with own property (further in case of joint mentioning - risks of the organizer of trade), including the requirements directed to decrease in risks of implementation of activities for carrying out the organized biddings (further - risk management), and to the documents of the organizer of trade determining the measures directed to decrease in the specified risks and prevention of conflict of interest.

Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info