INSTRUCTION OF CENTRAL BANK OF THE RUSSIAN FEDERATION

of September 14, 2011 No. 2691-U

About modification of the Provision of the Bank of Russia of August 7, 2009 No. 342-P "About required reserves of credit institutions"

1. According to the solution of the Board of directors of the Bank of Russia (N 16) to introduce the minutes of the Board of directors of the Bank of Russia of September 14, 2011 in the Provision of the Bank of Russia of August 7, 2009 N 342-P "About required reserves of credit institutions", registered by the Ministry of Justice of the Russian Federation on September 15, 2009 N 14775, on December 11, 2009 N 15557 ("the Bulletin of the Bank of Russia" of September 21, 2009 N 55, of December 18, 2009 N 73), the following changes.

1.1. Item 1.8 paragraph two after words" (further - Calculation)," to add with words "date with which standard rates of required reserves (reserve requirements) are established,".

1.2. In Item 1.12:

in paragraph one the word "division" to replace with the word "organization";

in paragraph three of the word "it shall be provided" shall be replaced with words "and confirmation by credit institution of receipt of the specified documents shall be provided".

1.3. In Item 2.1:

the paragraph one after the words "of December 31, 2008 N 75)" to add with words "(further - the Provision N 302-P)";

in the paragraph the second "40107," to exclude figures;

in paragraph three of subitem 2.1.7 of the word "Joint commercial Savings bank of the Russian Federation" shall be replaced with words (open joint stock company) "Sberbank of Russia open joint stock company.

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