INSTRUCTION OF CENTRAL BANK OF THE RUSSIAN FEDERATION

of March 24, 2020 No. 5418-U

About modification of the Instruction of the Bank of Russia of August 31, 2018 No. 4892-U "About asset types, characteristics of asset types to which allowances to risk coefficients, and application technique to the specified asset types of allowances for the purpose of calculation with credit institutions of capital adequacy ratios are established"

Based on Articles 45. 2, 62 and 72 Federal Laws 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; 2013, No. 30, Art. 4084; 2018, No. 11, Art. 1588; No. 18, the Art. 2557) 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 March 20, 2020 No. 6):

1. Bring in the Instruction of the Bank of Russia of August 31, 2018 No. 4892-U "About asset types, characteristics of asset types to which allowances to risk coefficients, and application technique to the specified asset types of allowances for the purpose of calculation with credit institutions of capital adequacy ratios", registered by the Ministry of Justice of the Russian Federation on September 25, 2018 No. 52249, on August 22, 2019 No. 55722, the following changes are established.

1.1. In paragraph five of item 4 of the word "in case of adoption by credit institution of the decision on provision to physical person of such credit (loan) indicator of debt load of the borrower" shall be replaced with words "indicator of debt load of the borrower on such credit (I will borrow)";

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