It is registered
Ministry of Justice
Russian Federation
On November 29, 2023 No. 76162
of October 2, 2023 No. 827-P
About requirements to risk management of the clearing organizations, the central partners, the central depositary and repositories regarding management of operational risk
This Provision based on Items 11 and 12 of part 1 of article 25 of the Federal Law of February 7, 2011 No. 7-FZ "About clearing, clearing activities and the central partner", Item 1 of article 32 of the Federal Law of December 7, 2011 No. 414-FZ "About the central depositary" and Item 5 of article 15.7 of the Federal Law of April 22, 1996 No. 39-FZ "About the security market" establishes requirements to risk management of the clearing organization regarding management of operational risk, requirements to risk management of the central partner regarding management of operational risk, requirements to activities of the central depositary regarding management of the operational risk connected with the implementation of activities of the central depositary, and the requirement to risk management system connected with implementation of repository activities regarding management of operational risk.
1. The clearing organization, the central partner, the central depositary and repository (further in case of joint mentioning - the financial organization) shall exercise risk management regarding risk of business disruption of the financial organization as a result of imperfection of internal business processes of the financial organization and (or) actions or failure to act of employees of the financial organization, mistakes in functioning of program technical means of the financial organization, and also as a result of external events and (or) actions or failure to act of the third parties (further - operational risk).
2. The financial organization shall perform on continuous basis identification of events of realization of operational risk (further - events of operational risk).
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