INSTRUCTION OF CENTRAL BANK OF THE RUSSIAN FEDERATION

of February 15, 2022 No. 6068-U

About modification of the Provision of the Bank of Russia of June 28, 2017 No. 590-P "About procedure for forming by credit institutions of reserves on possible losses according to loans, the loan and equated to it debt"

Based on Item 8 of Article 62, Article 69 and part four of article 72 of the Federal Law 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; 2016, No. 27, the Art. 4295), parts one and the second article 24 of the Federal Law of December 2, 1990 No. 395-I "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; 2014, No. 52, the Art. 7543) 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 February 11, 2022 No. PSD-2):

1. Bring in the Provision of the Bank of Russia of June 28, 2017 No. 590-P "About procedure for forming by credit institutions of reserves on possible losses according to loans, the loan and equated to it debt", registered by the Ministry of Justice of the Russian Federation on July 12, 2017 No. 47384, on October 3, 2018 No. 52308, on December 19, 2018 No. 53053, on January 23, 2019 No. 53505, on September 12, 2019 No. 55910, on November 27, 2019 No. 56646, on April 26, 2021 No. 63238, on September 21, 2021 No. 65077, the following changes.

1.1. Add Item 1.10 with the paragraph of the following content:

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