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Ministry of Justice

Russian Federation

On July 12, 2024 No. 78803

INSTRUCTION OF CENTRAL BANK OF THE RUSSIAN FEDERATION

of April 11, 2024 No. 6716-U

About procedure for application of the stipulated in Article 76.5-3 Federal Laws by the Bank of Russia of July 10, 2002 No. 86-FZ "About the Central bank the Russian Federation (Bank of Russia)" died to not credit financial credit institutions

This Instruction based on part two of article 76.5-3 of the Federal Law of July 10, 2002 No. 86-FZ "About the Central bank the Russian Federation (Bank of Russia)" establishes procedure for application by the Bank of Russia of the measures provided by part one of article 76.5-3 of the Federal Law of July 10, 2002 No. 86-FZ "About the Central bank the Russian Federation (Bank of Russia)" to not credit financial credit institutions performing transactions with money and (or) other property and specified regarding the 4th article 3.1 of the Federal Law of December 30, 2006 to No. 281-FZ "About special economic measures and enforcement powers".

1. The Bank of Russia in case of identification of violation by the not credit financial credit institution performing transactions with money and (or) other property and specified regarding the 4th article 3.1 of the Federal Law of December 30, 2006 to No. 281-FZ "About special economic measures and enforcement powers" (further - not credit financial credit institution), requirements of the Federal Law of December 30, 2006 No. 281-FZ "About special economic measures and enforcement powers" and (or) the regulations of the Bank of Russia adopted according to the specified Federal Law, in time, not exceeding 90 working days from the date of violation identification, makes the decision on application of the measures provided by part one of article 76.5-3 of the Federal Law of July 10, 2002 No. 86-FZ "About the Central bank the Russian Federation (Bank of Russia)" (further respectively - measures, the Federal Law "About the Central Bank Russian Federation (Bank of Russia)").

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