PROVISION OF THE CENTRAL BANK OF RUSSIA

of November 14, 2007 No. 313-P

About procedure of payments credit institutions of size of market risk

Based on the Federal Law "About the Central Bank Russian Federation (Bank of Russia)" (Russian Federation Code, 2002, N 28, Art. 2790; 2003, N 2, Art. 157; N 52, of Art. 5032; 2004, N 27, Art. 2711; N 31, of Art. 3233; 2005, N 25, Art. 2426; N 30, of Art. 3101; 2006, N 19, Art. 2061; N 25, of Art. 2648; 2007, Art. N1 9, Art. 10; N 10, of Art. 1151; Art. N 18, 2117) 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 November 2, 2007 N 22) this Provision establish procedure of payments credit institution of size of market risk, that is risk of origin at credit institution of financial losses (losses) owing to change of the current (fair) value of the financial instruments named in Item 1.1 of this provision, and also the foreign exchange rates and (or) book prices on precious metals.

Chapter 1. General provisions

1.1. This Provision extends on:

the securities (debt, equity) having the current (fair) value determined according to requirements of appendix 11 to the Provision of the Bank of Russia of March 26, 2007 to N302-P "About Accounting Rules in the Credit Institutions Located in the Territory of the Russian Federation" registered by the Ministry of Justice of the Russian Federation on March 29, 2007 N 9176, on October 23, 2007 of N10390 ("the Bulletin of the Bank of Russia" of April 16, 2007 N20-21, of October 31, 2007 N 60) (further - the Provision of the Bank of Russia N302-P), and acquired by credit institution with sales objective in the short term (intended for trade) or available for sale;

the open line items nominated in foreign currency and (or) precious metal and open line items in Russian rubles which size depends on change of the foreign exchange rates established by the Bank of Russia in relation to Russian ruble and (or) book prices on the precious metals determined according to the Instruction of the Bank of Russia of July 15, 2005 N 124-I "About establishment of the sizes (limits) of open foreign exchange positions, the technique of their calculation and features of implementation of supervision of their observance by credit institutions" registered by the Ministry of Justice of the Russian Federation on August 5, 2005 N 6889, on June 26, 2007 N 9703, on December 6, 2007 N 10636 ("the Bulletin of the Bank of Russia" of August 19, 2005 N 44, of July 4, 2007 N 38, of December 17, 2007 N 69) (daleeinstruktion of the Bank of Russia N 124-I).

the agreements which are derivative financial instruments on which action of the Provision of the Bank of Russia of July 4, 2011 N 372-P "On procedure for conducting the financial accounting of derivative financial instruments" expatiates registered by the Ministry of Justice of the Russian Federation on July 22, 2011 N 21445 ("the Bulletin of the Bank of Russia" of August 4, 2011 N 43) which basic (basic) asset are the securities having the current (fair) value determined according to the procedure provided by appendix 11 to the Provision of the Bank of Russia N 302-P, the index calculated based on set of the prices of securities (further - the stock index), agreements under the terms of which relevant requirements and (or) obligations are calculated on the basis of interest rates, the foreign exchange rates, book prices on precious metals, and also security transactions, specified in the paragraph the second this Item, determined as urgent by the Provision of the Bank of Russia N 302-P (further - derivative financial instruments and forward transactions).

1.2. Chapters 2 and 3 of this provision do not extend to the following financial instruments:

investments in shares of mutual investment funds;

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