INSTRUCTION OF CENTRAL BANK OF THE RUSSIAN FEDERATION

of January 23, 2023 No. 6360-U

About modification of the Provision of the Bank of Russia of January 11, 2021 No. 753-P "About required reserves of credit institutions"

Based on article 38 of the Federal Law of July 10, 2002 No. 86-FZ "About the Central bank the Russian Federation (Bank of Russia)" <1> 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 January 20, 2023 No. PSD-3):

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<1> Russian Federation Code, 2002, No. 28, Art. 2790; 2022, No. 1, Art. 53.

1. Bring in the Provision of the Bank of Russia of January 11, 2021 No. 753-P "About required reserves of credit institutions" <2> following changes:

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<2> It is registered by the Ministry of Justice of the Russian Federation on May 28, 2021, registration No. 63663, with the changes made by Instructions of the Bank of Russia of September 21, 2021 No. 5939-U (it is registered by the Ministry of Justice of the Russian Federation on September 23, 2021, registration No. 65105), of December 6, 2021 No. 6005-U (it is registered by the Ministry of Justice of the Russian Federation on March 14, 2022, registration No. 67723).

1.1. In Item 2.1:

the paragraph one to state in the following edition:

"2.1. Reserve obligations passive remaining balance of the following balance sheet accounts established by the Provision of the Bank of Russia of November 24, 2022 No. 809-P "About the Chart of accounts of financial accounting for credit institutions and procedure for its application", the registered Ministry of Justice of the Russian Federation on December 29, 2022, registration No. 71867 is included (further - the Provision of the Bank of Russia No. 809-P):";

in the paragraph the second "40101," to exclude figures, "407, 408" to replace figures with figures "40701 - 40706, 40802 - 40826";

third subitem 2.1.1 to declare the paragraph invalid;

in subitem 2.1.2:

the fifth after the words "in currency of the Russian Federation and in foreign currency" to add the paragraph with words "(all and including in the currencies emitted by authorized bodies of foreign states and the territories, making concerning the Russian Federation, the Russian legal entities and physical persons unfriendly actions included in the list approved by the order of the Government of the Russian Federation of March 5, 2022 No. 430-r (The Russian Federation Code, 2022, No. 11, Art. 1748; No. 45, the Art. 7773) (further - currencies of the unfriendly countries)";

word in paragraph eight to "the Provision of the Bank of Russia No. 579-P" shall be replaced with words to "the Provision of the Bank of Russia No. 809-P".

1.2. Add Item 2.2 with subitem 2.2.4 of the following content:

"2.2.4. As a part of categories of the obligations of credit institution in foreign currency determined by subitems 2.2.1 - 2.2.3 presents of Item, are allocated in separate subcategories of the obligation in currencies of the unfriendly countries, information on which is published on the website of the Bank of Russia. On banks with the basic license the size of obligations on the specified subcategories is accepted equal to zero.".

1.3. In Item 2.3:

in subitem 2.3.3:

the paragraph one after the words "the size of obligations is excluded" to add with words "(except obligations on the subordinated credits (deposits, loans)";

the fourth to state the paragraph in the following edition:

"on bank with the universal license, non-bank credit institution - according to designation codes 302001, 302002, 302004 and 302003 data on the average balances specified in appendix 4(1) to this Provision (the recommended sample is given in appendix 4(1) to this Provision), which join the raised funds from investors according to the plan of participation of DIA (legal entities - nonresidents, physical persons, legal entities - residents) and the raised funds of DIA respectively (except the subordinated credits (deposits, loans).";

declare subitem 2.3.4 invalid;

paragraphs third - the fifth subitem 2.3.6 to recognize invalid;

in subitem 2.3.7:

in paragraph one of the word "and in foreign currency" shall be replaced with words ", obligations in currencies of the unfriendly countries and obligations in foreign currency (except for obligations in currencies of the unfriendly countries)", words "equal to balance, attracted within the bargains concluded at the exchange" shall be replaced with words "equal to remaining balance of the obligations of credit institution arising within making of transactions of the repo and deposit bargains concluded at the exchange between participants of clearing";

in the paragraph the second shall be replaced with words the words "and in foreign currency" ", obligations in currencies of the unfriendly countries and obligations in foreign currency (except for obligations in currencies of the unfriendly countries)".

1.4. In Item 2.4 of the word to "designation 501002 code" shall be replaced with words "to designation codes 501001, 501002".

1.5. In Item 2.5 of the word "30414 and 30415 join" shall be replaced with words "30415 join".

1.6. Add with Items 2.5 (1) - 2.5(3) following contents:

"2.5 (1). The remaining balance of the balance sheet account No. 30414 is included other obligations of non-bank credit institution minus the obligations to other credit institutions considered on the specified balance sheet account, by designation code 304141, specified in appendix 2 to this Provision (the recommended sample is given in appendix 2 to this Provision), to equal code of designation 304141, specified by non-bank credit institution in appendix 4(1) to this Provision (the recommended sample is given in appendix 4(1) to this Provision). By this code of designation the remaining balance can be calculated non-bank credit institution as the amount of remaining balance on personal accounts of the specified balance sheet account on accounting of obligations to credit institutions or can be specified 0 (zero). On banks with the basic license and to banks with the universal license it is specified 0 (zero).

2.5 (2). The remaining balance of the balance sheet account No. 40807 is included obligations to legal entities - nonresidents of the bank which is authorized bank according to Item 2 of the Presidential decree of the Russian Federation of March 31, 2022 No. 172 "About special procedure for execution by foreign buyers of obligations to the Russian suppliers of natural gas" (The Russian Federation Code, 2022, No. 14, the Art. 2244) (further respectively - authorized bank, the Decree No. 172), minus obligations on the special ruble and currency accounts of type "K" opened to foreign buyers of natural gas in authorized bank according to the Decree No. 172 (The Russian Federation Code, 2022, No. 14, Art. 2244; 2023, No. 1, the Art. 206), by designation code 408071, specified in appendix 2 to this Provision (the recommended sample is given in appendix 2 to this Provision), to equal code of designation 408071, specified by authorized bank in appendix 4(1) to this Provision (the recommended sample is given in appendix 4(1) to this Provision). By this code of designation the remaining balance can be calculated authorized bank as the amount of remaining balance on personal accounts of the specified balance sheet account on accounting of obligations on the special ruble and currency accounts of type "K" opened in authorized bank according to the Decree No. 172, or can be specified 0 (zero). On other credit institutions it is specified 0 (zero).

2.5 (3). The remaining balance of the balance sheet account No. 47422 is included other obligations of bank with the universal license, non-bank credit institution minus the obligations arising by payment under the foreign securities blocked by the international settlement and clearing organizations, by designation code 474221, specified in appendix 2 to this Provision (the recommended sample is given in appendix 2 to this Provision), to equal code of designation 474221, specified by bank with the universal license, non-bank credit institution in appendix 4(1) to this Provision (the recommended sample is given in appendix 4(1) to this Provision). By this code of designation the remaining balance can be calculated bank with the universal license, non-bank credit institution as the amount of remaining balance on personal accounts of the specified balance sheet account on accounting of the obligations arising by payment under the foreign securities blocked by the international settlement and clearing organizations or can be specified 0 (zero). On banks with the basic license it is specified 0 (zero).".

1.7. Third subitem 4.2.1 of Item 4.2 to add the paragraph with words "(except the last accounting period)".

1.8. State Item 4.4 in the following edition:

"4.4. The amount of penalty is calculated by authorized division of the Bank of Russia one-timely in the whole rubles according to Items 2 and 3 of appendix 5 to this Provision.

The penalty amount in case of nedovznos which money in repayment is not transferred by credit institution during regulation when carrying out regulation of the size of required reserves with recalculation is calculated proceeding from the size of the specified nedovznos using the double key interest rate of the Bank of Russia operating for the beginning of the last day of the period of regulation, without the number of calendar days of the allowed nedovznos.

The penalty amount in case of the nedovznos established by results of calculation of the size of required reserves in connection with representation and (or) replacement with bank is calculated with the basic license of the reporting under the forms specified in subitem 2.1.1 of Item 2.1 of this provision, bank with the universal license, non-bank credit institution of data on average balances after the end of the period of regulation for the corresponding accounting period proceeding from the size of the specified nedovznos using the double key interest rate of the Bank of Russia operating in the period of nedovznos (from the last day of the period of regulation for the corresponding accounting period till the day preceding the regulation period for the next accounting period, inclusive), and the number of calendar days in the period of nedovznos.

The penalty sum in case of failure to carry out of obligation is calculated for averaging of required reserves proceeding from the amount of failure to carry out of averaging of required reserves using the double key interest rate of the Bank of Russia operating in the period of averaging in which the obligation on averaging of required reserves, and the number of calendar days in the averaging period is not executed.

If the amount of the calculated penalty constitutes less than 100 rubles, the penalty is not subject to application.".

1.9. In Item 6.3:

the fourth to state the paragraph in the following edition:

"the term of provision of delay (payment by installments) on entering of the amount of not paid in means into the required reserves deposited in the Bank of Russia;";

in paragraphs seven and the eighth shall be replaced with words the word "repayments" "on introduction".

1.10. The paragraph one of Item 6.6 after words of "Federal Law" to add with the words "of October 26, 2002 No. 127-FZ", before words "(further - the moratorium)" to add with words "(further - the Federal Law "About Insolvency (Bankruptcy)")".

1.11. To state the Section 1 of appendix 1 in edition of appendix 1 to this Instruction.

1.12. State appendix 2 in edition of appendix 2 to this Instruction.

1.13. State appendix 3 in edition of appendix 3 to this Instruction.

1.14. State appendix 4(1) in edition of appendix 4 to this Instruction.

1.15. In appendix 5:

in Item 2:

in subitem 2.1:

to state paragraphs of the fifth and sixth in the following edition:

"i - the key interest rate of the Bank of Russia operating for the beginning of the last day of the period of regulation, as a percentage annual;

Q - the number of calendar days in year (365 or 366) to which the last day of the period of regulation belongs.";

state subitem 2.2 in the following edition:

"2.2. The amount of penalty (S) in case of the nedovznos established by results of representation and (or) replacement with bank with the basic license of the reporting under the forms specified in subitem 2.1.1 of Item 2.1 of this provision, bank with the universal license, non-bank credit institution of data on average balances after the end of the period of regulation for the corresponding accounting period is calculated by formula:

 

where:

P - недовзнос, in rubles;

ik - the key interest rate of the Bank of Russia operating for the beginning of k-go of day of the period of nedovznos, as a percentage annual;

Qk - the number of calendar days in year (365 or 366) to which k-y day of the period of nedovznos belongs;

n - number of calendar days of the period of nedovznos;

k - calendar day of the period of nedovznos;

[X] - transaction of rounding of the amount of X to within rubles by arithmetic rules.";

state Item 3 in the following edition:

"3. The amount of penalty (S) in case of failure to carry out of obligation on averaging of required reserves is calculated by formula:

 

where:

P - the amount of failure to carry out of averaging of required reserves, in rubles;

ik - the key interest rate of the Bank of Russia operating for the beginning of k-go of day of the period of averaging, as a percentage annual;

Qk - the number of calendar days in year (365 or 366) to which k-y day of the period of averaging belongs;

n - number of calendar days of the period of averaging;

k - calendar day of the period of averaging;

[X] - transaction of rounding of the amount of X to within rubles by arithmetic rules.".

1.16. State appendix 6 in edition of appendix 5 to this Instruction.

2. This Instruction is subject to official publication and becomes effective since April 1, 2023.

3. This Instruction is applied since regulation of the size of required reserves of credit institution for April, 2023.

Appendix 1

to the Instruction of the Bank of Russia of January 23, 2023 No. 6360-U "About modification of the Provision of the Bank of Russia of January 11, 2021 No. 753-P "About required reserves of credit institutions"

"Section 1. Calculation of the size of required reserves for regulation ________________________ on the account on accounting of required reserves (with recalculation / without recalculation) (to note necessary)

thousand rubles.
Line number	Name of indicator	Amount
1	2	3
1	Size of reserve obligations, all (line 1.1 + line 1.2 + line 1.3 + line 1.4 + line 1.5 + line 1.6 + line 1.7 + line 1.8 + line 1.9), including:
1.1	Obligations to legal entities - nonresidents in currency of the Russian Federation (line 1.1.5 of appendix 2 to the Provision of the Bank of Russia of January 11, 2021 No. 753-P "About required reserves of credit institutions")
1.2	Obligations to physical persons in currency of the Russian Federation (line 2.1.4 of appendix 2 to the Provision of the Bank of Russia of January 11, 2021 No. 753-P "About required reserves of credit institutions")
1.3	Other obligations in currency of the Russian Federation (line 3.1.5 of appendix 2 to the Provision of the Bank of Russia of January 11, 2021 No. 753-P "About required reserves of credit institutions")
1.4	Obligations to legal entities - nonresidents in currencies of the unfriendly countries (line 1.1.7 of appendix 2 to the Provision of the Bank of Russia of January 11, 2021 No. 753-P "About required reserves of credit institutions")
1.5	Obligations to legal entities - nonresidents in foreign currency (except for obligations in currencies of the unfriendly countries) (line 1.1.8 of appendix 2 to the Provision of the Bank of Russia of January 11, 2021 No. 753-P "About required reserves of credit institutions")
1.6	Obligations to physical persons in currencies of the unfriendly countries (line 2.1.6 of appendix 2 to the Provision of the Bank of Russia of January 11, 2021 No. 753-P "About required reserves of credit institutions")
1.7	Obligations to physical persons in foreign currency (except for obligations in currencies of the unfriendly countries) (line 2.1.7 of appendix 2 to the Provision of the Bank of Russia of January 11, 2021 No. 753-P "About required reserves of credit institutions")
1.8	Other obligations in currencies of the unfriendly countries (line 3.1.7 of appendix 2 to the Provision of the Bank of Russia of January 11, 2021 No. 753-P "About required reserves of credit institutions")

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