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The document ceased to be valid since  March 24, 2024 according to item 4 of the Resolution of Board of National Bank of the Republic of Belarus of February 21, 2024 No. 62

RESOLUTION OF BOARD OF NATIONAL BANK OF THE REPUBLIC OF BELARUS

of October 29, 2012 No. 550

About approval of the Instruction about the organization of risk management system

(as amended on 09-04-2024)

Based on the paragraph of third 34, parts one of article 39 of the Bank code of the Republic of Belarus the Board of National Bank of the Republic of Belarus DECIDES: Article parts four

1. Approve the Instruction about the organization of risk management system it (is applied).

2. This resolution becomes effective since January 22, 2013.

Chairman of the board

N. A. Ermakova

Approved by the Resolution of Board of National Bank of the Republic of Belarus of October 29, 2012 No. 550

The instruction about the organization of risk management system

Chapter 1. General provisions

1. This Instruction establishes requirements to the organization of risk management system in banks, "Development Bank of the Republic of Belarus" open joint stock company, the non-bank credit and financial organizations (further - banks), banking groups and bank holdings.

2. For the purposes of this Instruction following terms have the following values:

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