INSTRUCTION OF CENTRAL BANK OF THE RUSSIAN FEDERATION

of November 27, 2017 No. 4619-U

About procedure and terms of disclosure and submission of consolidated financial statements by bank holdings

This Instruction based on 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, the Art. 4456), articles 8 and 43 of the Federal law "About Banks and Banking Activity" (in edition of the Federal Law of February 3, 1996 No. 17-FZ) (Sheets of the Congress of People's Deputies of RSFSR and the Supreme Council of RSFSR, 1990, No. 27, Art. 357; Russian Federation Code, 1996, No. 6, Art. 492; 1998, No. 31, Art. 3829; 1999, No. 28, Art. 3459, Art. 3469; 2001, No. 26, Art. 2586; No. 33, Art. 3424; 2002, No. 12, Art. 1093; 2003, No. 27, Art. 2700; No. 50, Art. 4855; No. 52, Art. 5033, Art. 5037; 2004, No. 27, Art. 2711; No. 31, Art. 3233; 2005, No. 1, Art. 18, Art. 45; No. 30, Art. 3117; 2006, No. 6, Art. 636; No. 19, Art. 2061; No. 31, Art. 3439; No. 52, Art. 5497; 2007, No. 1, Art. 9; No. 22, Art. 2563; No. 31, Art. 4011; No. 41, Art. 4845; No. 45, Art. 5425; No. 50, Art. 6238; 2008, No. 10, Art. 895; 2009, No. 1, Art. 23; No. 9, Art. 1043; No. 18, Art. 2153; No. 23, Art. 2776; No. 30, Art. 3739; No. 48, Art. 5731; No. 52, Art. 6428; 2010, No. 8, Art. 775; No. 27, Art. 3432; No. 30, Art. 4012; No. 31, Art. 4193; No. 47, Art. 6028; 2011, No. 7, Art. 905; No. 27, Art. 3873, Art. 3880; No. 29, Art. 4291; No. 48, Art. 6730; No. 49, Art. 7069; No. 50, Art. 7351; 2012, No. 27, Art. 3588; No. 31, Art. 4333; No. 50, Art. 6954; No. 53, Art. 7605, Art. 7607; 2013, No. 11, Art. 1076; No. 19, Art. 2317, Art. 2329; No. 26, Art. 3207; No. 27, Art. 3438, Art. 3477; No. 30, Art. 4084; No. 40, Art. 5036; No. 49, Art. 6336; No. 51, Art. 6683, Art. 6699; 2014, No. 6, Art. 563; No. 19, Art. 2311; No. 26, Art. 3379, Art. 3395; No. 30, Art. 4219; No. 40, Art. 5317, Art. 5320; No. 45, Art. 6144, Art. 6154; No. 49, Art. 6912; No. 52, Art. 7543; 2015, No. 1, Art. 37; No. 17, Art. 2473; No. 27, Art. 3947, Art. 3950; No. 29, Art. 4355, Art. 4357, Art. 4385; No. 51, Art. 7243; 2016, No. 1, Art. 23; No. 15, Art. 2050; No. 26, Art. 3860; No. 27, Art. 4294, Art. 4295; 2017, No. 14, Art. 2000; No. 18, Art. 2661, Art. 2669; No. 25, Art. 3596; No. 30, Art. 4456; No. 31, the Art. 4754) and articles 4 and 7 of the Federal Law of July 27, 2010 No. 208-FZ "About consolidated financial statements" (The Russian Federation Code, 2010, No. 31, Art. 4177; 2011, No. 48, Art. 6728; 2012, No. 53, Art. 7607; 2013, No. 30, Art. 4084; 2014, No. 19, Art. 2316; No. 45, Art. 6154; 2016, No. 27, Art. 4195; 2017, No. 30, the Art. 4444) (further - the Federal Law "About Consolidated Financial Statements") establishes procedure and terms of disclosure of bank holding by parent organization (managing company of bank holding - in case of assignment of obligations of parent organization of bank holding on it) (further - parent organization of bank holding) consolidated financial statements of bank holdings and its submission to the Bank of Russia.

1. The parent organization of bank holding shall open annual consolidated financial statements annually.

The parent organization of bank holding which securities are admitted to organized trading by their inclusion in the quoted list shall open intermediate consolidated financial statements.

Other parent organizations of bank holdings independently make the decision on creation and disclosure of intermediate consolidated financial statements and its audit.

Together with annual consolidated financial statements, intermediate consolidated financial statements audit opinions on them or other document constituted by results of the inspection which is carried out by auditing organization, according to the standards of auditor activities enacted in the territory of the Russian Federation by the order of the Ministry of Finance of the Russian Federation of January 9, 2019 No. 2n "About enforcement of international standards of audit in the territory of the Russian Federation and about recognition voided some orders of the Ministry of Finance of the Russian Federation" reveal (it is registered by the Ministry of Justice of the Russian Federation on January 31, 2019, registration No. 53639) with the changes made by orders of the Ministry of Finance of the Russian Federation of December 30, 2020 No. 335n (registration No. 62391) is registered by the Ministry of Justice of the Russian Federation on February 4, 2021, of October 27, 2021 No. 163n (registration No. 66572) is registered by the Ministry of Justice of the Russian Federation on December 24, 2021, of November 9, 2021 No. 172n (registration No. 66597) (is registered by the Ministry of Justice of the Russian Federation on December 27, 2021, further in case of joint mentioning - audit opinions).

2. Annual consolidated financial statements, intermediate consolidated financial statements (further in case of joint mentioning - the reporting) bank holdings and audit opinions on them reveal in Russian with reflection of indicators in currency of the Russian Federation.

3. The annual consolidated financial statements reveal no later than 150 calendar days in time after the termination of year for which this reporting is constituted.

The intermediate consolidated financial statements reveal no later than 90 calendar days in time after the reporting period for which this reporting is constituted.

4. The reporting is considered opened if the parent organization of bank holding performed actions, the stipulated in Clause 7 Federal Laws "About Consolidated Financial Statements". The parent organization of bank holding has the right to perform other actions providing access to the reporting for all persons interested in it by provision to specified persons of booklets, brochures and other editions.

5. The parent organization of bank holding opens the reporting on own website on the Internet (further - the website of parent organization of bank holding) or in other, other than the website of parent organization of bank holding, the place in chronological procedure and specifies the name of the reporting, the accounting period for which it is constituted, date of its submission to the Bank of Russia, date, number and the name of the edition in which the reporting is published (in the presence), and also date of its placement (publication) on the website of parent organization of bank holding or in other, other than the website of parent organization of bank holding, the place and date to which it is available to persons interested in it.

6. If the parent organization of bank holding is registered in the territory of foreign state, the reporting is posted on the website of credit institution - the member of bank holding, registered in the territory of the Russian Federation and representing the reporting to the Bank of Russia.

7. If the parent organization of bank holding makes the decision on publication of the reporting in mass media and on the website of parent organization of bank holding (credit institution - the member of bank holding), publication in mass media shall be followed by the reference to the website of parent organization of bank holding (credit institution - the member of bank holding).

If the reporting is published in booklets, brochures and other editions later, than posted on the website of parent organization of bank holding (credit institution - the member of bank holding) or published in mass media, the parent organization of bank holding specifies in booklets, brochures and other editions date of submission of the reporting to the Bank of Russia, and also the address of the website of parent organization of bank holding (credit institution - the member of bank holding), date of its placement and date to which this reporting is available to persons interested in it, or date of publication in mass media. In case of publication in mass media (the printing edition) of the reporting which is subject to submission to the Bank of Russia, copy of the original of the edition in which the reporting is published goes to the Bank of Russia within three working days from the date of its publication.

8. In case of adoption by parent organization of bank holding of the decision on disclosure of the reporting on the website of parent organization of bank holding (credit institution - the member of bank holding) or carrying out other actions providing its availability to persons interested in it, the parent organization of bank holding informs the Bank of Russia on method and the place of disclosure of the reporting with indication of structure of the opened reporting and date of disclosure within three working days from the date of adoption of such decision.

9. The reporting is submitted in the Bank of Russia together with audit opinion according to it according to the rules established by the Instruction of the Bank of Russia of September 29, 2022 No. 6277-U "About rules of representation of bank holding by parent organization in the Bank of Russia of the reporting and other information on risks of bank holding" (it is registered by the Ministry of Justice of the Russian Federation on January 25, 2023, registration No. 72133), no later than three working days after day of its disclosure.

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

11. Requirements of this Instruction to representation of audit opinion according to intermediate consolidated financial statements or other document constituted by results of the inspection which is carried out by auditing organization are applied starting with the reporting for the first half of the year 2018.

12. From the date of entry into force of this Instruction to recognize invalid:

Instruction of the Bank of Russia of October 25, 2013 No. 3087-U "About disclosure and submission of consolidated financial statements by bank holdings", registered by the Ministry of Justice of the Russian Federation on December 2, 2013 No. 30527;

Instruction of the Bank of Russia of September 9, 2015 No. 3781-U "About modification of the Instruction of the Bank of Russia of October 25, 2013 No. 3087-U "About disclosure and submission of consolidated financial statements by bank holdings", registered by the Ministry of Justice of the Russian Federation on November 9, 2015 No. 39617.

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