INSTRUCTION OF CENTRAL BANK OF THE RUSSIAN FEDERATION

of April 22, 2020 No. 5449-U

About modification of the Provision of the Bank of Russia of October 23, 2017 No. 611-P "About procedure for forming by credit institutions of reserves on possible losses"

Based on Articles 62, 69, 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; 2003, No. 52, Art. 5032; 2018, No. 11, Art. 1588; No. 18, the Art. 2557), article 24 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; 2017, No. 18, the Art. 2669) 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 April 16, 2020 No. 10):

1. Bring in the Provision of the Bank of Russia of October 23, 2017 No. 611-P "About procedure for forming by credit institutions of reserves on possible losses", registered by the Ministry of Justice of the Russian Federation on March 15, 2018 No. 50381, on December 19, 2018 No. 53054, on September 12, 2019 No. 55911, on March 31, 2020 No. 57915, the following changes.

1.1. In Item 1.1:

the eighth and ninth to state paragraphs in the following edition:

"investments in the securities acquired under contracts with the return sale and according to loan agreements;

investments in the bond of federal loans;";

the paragraph the twelfth Item 1.1 after figures "57008" to add with words ", on March 31, 2020 No. 57913".

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