INSTRUCTION OF CENTRAL BANK OF THE RUSSIAN FEDERATION

of August 16, 2022 No. 6219-U

About establishment of starting date of obligatory application of the International accounting standard (IFRS) 17 "Insurance contracts" and the International accounting standard (IFRS) 9 "Financial instruments" insurance companies, societies of mutual insurance and non-state pension funds, about modification of separate regulations of the Bank of Russia concerning financial accounting and accounting (financial) records of not credit financial credit institutions and about cancellation of separate regulations of the Bank of Russia concerning conducting financial accounting by the not credit financial credit institutions

Based on article 7 of the Federal Law of July 10, 2002 No. 86-FZ "About the Central bank the Russian Federation (Bank of Russia)" <1>, parts 6 of article 21 of the Federal Law of December 6, 2011 No. 402-FZ "About financial accounting" <2>, parts 1 - 3 articles 3 of the Federal Law of July 27, 2010 No. 208-FZ "About consolidated financial statements" <3>, taking into account the subitem "an" of Item 2 of the order of the Government of the Russian Federation of February 25, 2011 No. 107 "About approval of the Regulations on recognition of International accounting standards and Explanations of International accounting standards for application in the territory of the Russian Federation" <1>:

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<1> Russian Federation Code, 2002, No. 28, Art. 2790; 2018, No. 11, Art. 1588.

<2> Russian Federation Code, 2011, No. 50, Art. 7344; 2021, No. 27, Art. 5187.

<3> Russian Federation Code, 2010, No. 31, Art. 4177; 2014, No. 19, Art. 2316.

<1> Russian Federation Code, 2011, No. 10, Art. 1385; 2022, No. 26, Art. 4493.

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