RESOLUTION OF BOARD OF NATIONAL BANK OF THE REPUBLIC OF BELARUS

of May 31, 2022 No. 203

About change of the resolution of Board of National Bank of the Republic of Belarus of September 28, 2006 No. 138

Based on Article part four paragraph two 34, 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 September 28, 2006 No. 138 "About approval of the Instruction about procedure for forming and use of special reserves on covering of possible losses on the assets and transactions which are not reflected in balance" the following changes:

1.1. third Item 2-1 to exclude the paragraph;

1.2. in the Instruction about procedure for forming and use of special reserves on covering of possible losses on the assets and transactions which are not reflected in balance approved by this resolution:

1.2.1. exclude item 4;

1.2.2. in Item 5:

in subitem 5.1:

to state the paragraph of the eighth in the following edition:

"debt on the acquired securities considered on depreciated cost (further - the securities subject to credit risk);";

the tenth after the word to "debtor" to add the paragraph with words ", to the issuer of securities (further, unless otherwise specified, - the debtor)";

in paragraph five of subitem 5.2.1 of the word "freely convertible currency and (or) Belarusian rubles (irrespective of obligation currency), in restrictedly converted" shall be replaced with words "US dollars, euro, Swiss francs, pounds sterling, yens, the Chinese yuans, Russian rubles and (or) Belarusian rubles (irrespective of obligation currency), in other";

to add subitem 5.3 after part one with part of the following content:

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