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Ministry of Justice

Russian Federation

On April 24, 2023 No. 73131

INSTRUCTION OF CENTRAL BANK OF THE RUSSIAN FEDERATION

of March 23, 2023 No. 6379-U

About procedure for reflection on accounts of financial accounting by credit institutions of separate assets and liabilities in foreign currency in the conditions of action of measures of restrictive nature

This Instruction based on part one of article 57 of the Federal Law of July 10, 2002 No. 86-FZ "About the Central bank the Russian Federation (Bank of Russia)", parts 6 of article 21 of the Federal Law of December 6, 2011 No. 402-FZ "About financial accounting" 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 March 17, 2023 No. PSD-11) establish procedure for reflection on accounts of financial accounting by credit institutions of separate assets and liabilities in foreign currency in the conditions of action of the measures of restrictive nature entered by foreign state, national association and (or) the union and (or) the public (interstate) institution of foreign state or national association and (or) union concerning the Russian Federation, citizens of the Russian Federation or the Russian legal entities.

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