INSTRUCTION OF CENTRAL BANK OF THE RUSSIAN FEDERATION

of April 28, 2025 No. 7051-U

About recognition voided separate regulations of the Bank of Russia concerning financial accounting of not credit financial credit institutions

Based on Item 14 of article 4 of the Federal Law of July 10, 2002 No. 86-FZ "About the Central bank the Russian Federation (Bank of Russia)" 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 April 25, 2025 No. PSD-14):

1. Recognize invalid:

1.1. Provision of the Bank of Russia of September 2, 2015 No. 488-P "Industry standard of financial accounting of derivative financial instruments 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 October 15, 2015, registration No. 39326.

Instruction of the Bank of Russia of August 30, 2016 No. 4113-U "About modification of the Provision of the Bank of Russia of September 2, 2015 No. 488-P "Industry standard of financial accounting of derivative financial instruments 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 15, 2016, registration No. 44735.

subitem 1.11 of Item 1 of the Instruction of the Bank of Russia of August 14, 2017 No. 4496-U "About modification, connected using the International accounting standard (IFRS) 9 "Financial instruments", in separate regulations of the Bank of Russia concerning financial accounting and accounting (financial) records of not credit financial credit institutions" <3>;

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