PROVISION OF CENTRAL BANK OF THE RUSSIAN FEDERATION

of September 3, 2018 No. 652-P

About procedure of payments of the extent of operational risk

1. Based on Item 7 parts one of Article 62 and part one of article 72 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, №50, of 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. 11, 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, Art. 3400; No. 31, the Art. 4852) and according to 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 August 24, 2018 No. 28) this Provision establish procedure of payments of the extent of operational risk for inclusion in calculation of the capital adequacy ratios of bank established by the Instruction of the Bank of Russia of November 29, 2019 No. 199-I "About obligatory standard rates and allowances to capital adequacy ratios of banks with the universal license" registered by the Ministry of Justice of the Russian Federation on December 27, 2019 No. 57008.

2. The extent of operational risk is calculated by bank by formula:

where:

SHOUTING - the extent of operational risk;

Di - the income for i-y the year for the purposes of calculation of the capital on covering of operational risk determined according to Item 3 this provision;

n - the number of years (three years preceding settlement date of the extent of operational risk).

The concept "operational risk" used in this Provision is applied in the value established in Chapter 4 appendices to the Instruction of the Bank of Russia of April 15, 2015 No. 3624-U "About requirements to risk management system and the capital of credit institution and banking group", to No. registered by the Ministry of Justice of the Russian Federation on May 26, 2015 37388, on December 28, 2015 No. 40325, on December 7, 2017 No. 49156, on September 5, 2018 No. 52084.

3. The indicator D for the purposes of calculation of the capital on covering of operational risk represents the amount of net interest incomes and net not interest incomes for financial year.

Net interest incomes are equal to the amount reflected on the line "Net Interest Incomes (Negative Percentage Margin)" of the reporting under form 0409807 "Report on financial results (the published form)" (further - form 0409807), established by appendix 1 to the Instruction of the Bank of Russia of April 10, 2023 No. 6406-U "About forms, terms, procedure for creation and submission of the reporting of credit institutions (banking groups) to the Central bank of the Russian Federation, and also of the list of information on activities of credit institutions (banking groups)" (it is registered by the Ministry of Justice of the Russian Federation on August 16, 2023, registration No. 74823) (further - the Instruction of the Bank of Russia No. 6406-U).

Net not interest incomes are equal to the amount reflected in the lines "Net Incomes From Transactions with the Financial Assets Estimated at Fair Value Through Profit Or Loss", "Net Incomes from Transactions with the Financial Liabilities Estimated at Fair Value through Profit Or Loss", "Net Incomes from Transactions with Foreign Currency", "Net Incomes from Revaluation of Foreign Currency", "Net Incomes from Transactions with Precious Metals", "Income from Equity Participation of Other Legal Entities", "Commission Income", "Other Operating Incomes" less the amounts reflected on the line "Commission expenses" of form 0409807 and on symbols 28402, 29101 - 29103, 294 appendices to the Provision of the Bank of Russia of December 22, 2014 to No. 446-P "About procedure for determination of the income, expenses and other comprehensive income of credit institutions", to No. registered by the Ministry of Justice of the Russian Federation on February 6, 2015 35910, on December 8, 2015 No. 40025, on December 12, 2017 No. 49219, on July 31, 2018 No. 51743.

If the income and expenses participating in calculation of net interest incomes and net not interest incomes adjust according to subitem 2.1.7 of Item 2 of the Provision of the Bank of Russia of July 4, 2018 No. 646-P "About technique of determination of own means (capital) of credit institutions ("Basel III")", No. registered by the Ministry of Justice of the Russian Federation on September 10, 2018 52122, on December 19, 2018 No. 53064 (further - the Provision of the Bank of Russia No. 646-P), the size of own means (capital), they do not join in calculation of net interest incomes and net not interest incomes for the purpose of measure definition D, except for the income, the specified in paragraphs seven - the ninth subitem 2.1. 7, subitem 2.2.4.2 of Item 2 and subitem 3.2.5 of Item 3 of the Provision of the Bank of Russia No. 646-P.

4. Calculation of size of indicator D for each financial year preceding settlement date of the extent of operational risk is performed by bank based on comparable these forms 0409807.

In case of absence in the form of 0409807 comparable data for any financial year preceding settlement date of the extent of operational risk, the bank determines the size of indicator D for financial year on which there are no comparable data, settlement way. For this purpose the bank performs recalculation of indicators of form 0409807 for the corresponding years by use of approximate algorithms of the Razrabotochny table for creation of the Report on financial results (the published form) of the Procedure for creation and submission of the reporting under form 0409807, of the Bank of Russia No. 6406-U established by the Instruction.

If the indicator D for any financial year from three, participating in calculation (any financial years participating in calculation) is negative or equal to zero, its value does not join bank in calculation of operational risk. Along with it the indicator of number of years (n) decreases on the number of years following the results of which the negative or zero measure value of is fixed.

If the indicator D within three years participating in calculation of the extent of operational risk had negative value or was equal to zero, calculation of operational risk joins indicator D for the last financial year in which it had positive value.

5. The extent of operational risk is calculated bank annually as of January first of the year following for reporting in the operational day following date of publication of form 0409807 for accounting year.

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

7. From the date of entry into force of this provision to recognize invalid:

Provision of the Bank of Russia of November 3, 2009 No. 346-P "About procedure of payments of the extent of operational risk", registered by the Ministry of Justice of the Russian Federation on December 17, 2009 No. 15697;

Instruction of the Bank of Russia of July 3, 2012 No. 2846-U "About modification of the Provision of the Bank of Russia of November 3, 2009 No. 346-P "About procedure of payments of the extent of operational risk", registered by the Ministry of Justice of the Russian Federation on July 19, 2012 No. 24957;

Instruction of the Bank of Russia of November 18, 2015 No. 3850-U "About modification of the Provision of the Bank of Russia of November 3, 2009 No. 346-P "About procedure of payments of the extent of operational risk", registered by the Ministry of Justice of the Russian Federation on December 8, 2015 No. 40019.

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