INSTRUCTION OF CENTRAL BANK OF THE RUSSIAN FEDERATION

of October 1, 2020 No. 5578-U

About modification of the Instruction of the Bank of Russia of September 29, 2016 No. 174-I "About procedure for assignment of the status of the central partner by the Bank of Russia"

Based on Item 7 parts of 1 Article 25, parts 1 and 2 of article 27.2 of the Federal Law of February 7, 2011 No. 7-FZ "About clearing, clearing activities and the central partner" (The Russian Federation Code, 2011, No. 7, Art. 904; 2020, No. 31, the Art. 5012), article 7 of the Federal Law of December 29, 2015 No. 403-FZ "About modification of separate legal acts of the Russian Federation" (The Russian Federation Code, 2016, No. 1, Art. 23; 2017, No. 30, Art. 4456):

1. Bring in the Instruction of the Bank of Russia of September 29, 2016 No. 174-I "About procedure for assignment of the status of the central partner by the Bank of Russia", registered by the Ministry of Justice of the Russian Federation on October 24, 2016 No. 44127, on July 11, 2017 No. 47358, the following changes.

1.1. In Item 2.1:

state subitem 2.1.4 in the following edition:

"2.1.4. Rules of clearing, the rule of the organization of risk management system of the central partner, technique of determination of the allocated capital of the central partner, technique of stress testing of risks of the central partner, technique of assessment of accuracy of model of the central partner.";

in subitem 2.1.5 of the word "part 1.1 of article 27 of the Federal Law No. 7-FZ" shall be replaced with words "subitem 2.1.4 of this Item".

1.2. In paragraph one of Item 2.2 of the word "part 1.1 of article 27 of the Federal Law No. 7-FZ" shall be replaced with words "subitem 2.1.4 of Item 2.1 of this Instruction".

1.3. In Item 3.5:

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