INSTRUCTION OF CENTRAL BANK OF THE RUSSIAN FEDERATION

of October 2, 2024 No. 6894-U

About recognition voided separate regulations of the Bank of Russia concerning financial accounting and accounting (financial) records of not credit financial credit institutions

Based on Item 14 of Article 4 and article 7 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 September 13, 2024 No. PSD-28):

1. Recognize invalid:

1.1. Provision of the Bank of Russia of December 3, 2015 No. 508-P "Industry standard of financial accounting of reserves - estimative obligations and contingent obligations by not credit financial credit institutions" <1>;

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<1> It is registered by the Ministry of Justice of the Russian Federation on January 12, 2016, registration No. 40550.

Instruction of the Bank of Russia of November 28, 2016 No. 4222-U "About modification of the Provision of the Bank of Russia of December 3, 2015 No. 508-P "Industry standard of financial accounting of reserves - estimative obligations and contingent obligations by not credit financial credit institutions" <2>.

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<2> It is registered by the Ministry of Justice of the Russian Federation on December 21, 2016, registration No. 44855.

1.2. Provision of the Bank of Russia of December 16, 2015 No. 520-P "Industry standard of financial accounting by not credit financial credit institutions of events after the reporting period" <3>;

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