RESOLUTION OF BOARD OF NATIONAL BANK OF THE REPUBLIC OF BELARUS

of December 7, 2018 No. 584

About introduction of amendments to the Resolution of Board of National Bank of the Republic of Belarus of February 10, 2016 No. 65

Based on the paragraph of the seventh Item 10, of the paragraph of the fourth Item 17 of the Presidential decree of the Republic of Belarus of June 4, 2015 No. 231 "About implementation of activities in the Forex curb market", the Board of National Bank of the Republic of Belarus DECIDES: parts one of article 39 of the Bank code of the Republic of Belarus

1. Bring in the resolution of Board of National Bank of the Republic of Belarus of February 10, 2016 No. 65 "About the minimum size of the security capital, procedure for its forming, replenishment and use, requirements to the mode of functioning of the current (settlement) bank account with the special mode of functioning for forming and use of the security capital" (The national legal Internet portal of the Republic of Belarus, 13.02. 2016, 8/30654) following changes:

1.1. in Item 1:

state Item in the following edition:

"1. Establish the following minimum sizes of the security capital:

50 percent of the marginal providing brought by resident clients;

25 percent of the marginal providing brought by nonresident clients.";

"*" to Item to exclude the interlinear note;

1.2. in Item 2:

in subitem 2.1:

and "clients ***" to replace the words "Forex company **" respectively with the words "Forex company" and "clients";

"**" and "***" to Item to exclude interlinear notes;

subitem 2.5 in paragraph three:

replace figure "5" with figures "10";

words", opened in banks or the non-bank credit and financial organizations of the Republic of Belarus" to exclude.

2. This resolution becomes effective after its official publication.

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