PROVISION OF CENTRAL BANK OF THE RUSSIAN FEDERATION

of December 25, 2014 No. 451-P

About establishment of additional restrictions for investment of means of pension accruals of the non-state pension fund performing mandatory pension insurance, additional requirements to credit institutions in which means of pension accruals and accumulating for housing providing the military personnel, and also additional requirements which managing companies shall observe during validity of trust management of means of pension accruals are placed

List of amending documents

This Provision based on Article 24.1 and Item 11 of article 36.15 of the Federal Law of May 7, 1998 No. 75-FZ "About non-state pension funds" (The Russian Federation Code, 1998, No. 19, Art. 2071; 2001, No. 7, Art. 623; 2002, No. 12, Art. 1093; 2003, No. 2, Art. 166; 2004, No. 49, Art. 4854; 2005, No. 19, Art. 1755; 2006, No. 43, Art. 4412; 2007, No. 50, Art. 6247; 2008, No. 18, Art. 1942; No. 30, Art. 3616; 2009, No. 29, Art. 3619; No. 48, Art. 5731; No. 52, Art. 6450, Art. 6454; 2010, No. 17, Art. 1988; No. 31, Art. 4196; 2011, No. 29, Art. 4291; No. 48, Art. 6728; No. 49, Art. 7036, Art. 7037, Art. 7040, Art. 7061; 2012, No. 31, Art. 4322; No. 47, Art. 6391; No. 50, Art. 6965, Art. 6966; 2013, No. 19, Art. 2326; No. 30, Art. 4044, Art. 4084; No. 49, Art. 6352; No. 52, Art. 6975; 2014, No. 11, Art. 1098; No. 30, the Art. 4219) (further - the Federal Law "About Non-state Pension Funds"), parts 2 of article 23 of the Federal Law of August 20, 2004 No. 117-FZ "About accumulative and mortgage system of housing providing the military personnel" (The Russian Federation Code, 2004, No. 34, Art. 3532; 2006, No. 6, Art. 636; 2007, No. 50, Art. 6237; 2008, No. 30, Art. 3616; 2009, No. 48, Art. 5731; 2011, No. 27, Art. 3879; No. 48, Art. 6728; 2012, No. 26, Art. 3443; 2013, No. 27, Art. 3477; No. 30, Art. 4084; No. 52, the Art. 6961), Item 3 of Article 22 and Item 2 of article 24 of the Federal Law of July 24, 2002 No. 111-FZ "About investment of means for financing of funded portion of work pension in the Russian Federation" (The Russian Federation Code, 2002, No. 30, Art. 3028; 2003, No. 1, Art. 13; No. 46, Art. 4431; 2004, No. 31, Art. 3217; 2005, No. 1, Art. 9; No. 19, Art. 1755; 2006, No. 6, Art. 636; 2008, No. 18, Art. 1942; No. 30, Art. 3616; 2009, No. 29, Art. 3619; No. 52, Art. 6454; 2010, No. 31, Art. 4196; 2011, No. 29, Art. 4291; No. 48, Art. 6728; No. 49, Art. 7036, Art. 7037, Art. 7040; 2012, No. 50, Art. 6965, Art. 6966; 2013, No. 30, Art. 4044, Art. 4084; No. 49, Art. 6352; No. 52, Art. 6961, Art. 6975; 2014, No. 30, Art. 4219; No. 49, the Art. 6912) (since January 1, 2015 the Federal Law of July 24, 2002 No. 111-FZ "About investment of means for financing of funded pension in the Russian Federation" (The Federal Law of July 21, 2014 No. 218 "About modification of separate legal acts of the Russian Federation" (The Russian Federation Code, 2014, No. 30, Art. 4219; No. 52, the Art. 7543) (further - the Federal Law "About Investment of Means for Financing of Funded Pension in the Russian Federation"), the Federal Law of July 10, 2002 No. 86-FZ "About the Central bank the Russian Federation (Bank of Russia)" (The Russian Federation Code, 2002, No. 28, Art. 2790; 2003, No. 2, Art. 157; No. 52, Art. 5032; 2004, No. 27, Art. 2711; No. 31, Art. 3233; 2005, No. 25, Art. 2426; №30, of Art. 3101; 2006, No. 19, Art. 2061; No. 25, Art. 2648; 2007, No. 1, Art. 9, Art. 10; No. 10, Art. 1151; No. 18, Art. 2117; 2008, No. 42, Art. 4696, Art. 4699; No. 44, Art. 4982; No. 52, Art. 6229, Art. 6231; 2009, No. 1, Art. 25; No. 29, Art. 3629; No. 48, Art. 5731; 2010, No. 45, Art. 5756; 2011, No. 7, Art. 907; No. 27, Art. 3873; No. 43, Art. 5973; No. 48, Art. 6728; 2012, No. 50, Art. 6954; No. 53, Art. 7591, Art. 7607; 2013, No. 11, Art. 1076; No. 14, Art. 1649; No. 19, Art. 2329; No. 27, Art. 3438, Art. 3476, Art. 3477; No. 30, Art. 4084; No. 49, Art. 6336; No. 51, Art. 6695, Art. 6699; No. 52, Art. 6975; 2014, No. 19, Art. 2311, Art. 2317; No. 27, Art. 3634; No. 30, Art. 4219; No. 45, Art. 6154; "The official Internet portal of legal information" (www.pravo.gov.ru), on December 23, 2014) (further - the Federal Law "About the Central Bank Russian Federation (Bank of Russia)") sets additional restrictions for investment of means of pension accruals of the non-state pension fund performing mandatory pension insurance (further - pension accruals of fund), requirements to assets in which pension accruals of fund, additional requirements to credit institutions in which means of pension accruals and accumulating for housing providing the military personnel, and also the additional requirement, which the managing company which is selected on tender for implementation of investment of means of pension accruals are placed are invested the insured persons delivered by it in trust management of the Pension Fund of the Russian Federation according to statements for the choice of investment portfolio (managing company) (further - the managing company which is selected on tender), shall observe during validity of trust management of means of pension accruals.

Chapter 1. Additional restrictions for investment of pension accruals of fund and the requirement to assets in which pension accruals of fund are invested

1.1. In case of investment of pension accruals of fund into securities only the transactions conforming to the following requirements are made.

1.1.1. Transactions are made at the organized biddings on delivery conditions against payment and on the basis of purchasing requests and requests for security sale on the best of specified in them to the prices provided that requests are addressed to all bidders and information allowing to identify the bidders who submitted applications does not reveal during trading to other participants.

1.1.2. The transactions connected with investment into securities during their placement can be made without observance of the requirements specified in subitem 1.1.1 of this Item if such transactions are made on the terms of predelivery of securities from the partner or at the organized biddings on delivery conditions against payment.

1.1.3. The transactions connected with investment into the government securities of the Russian Federation which are specially issued for investment of funds of institutional investors can be made without observance of the requirements specified in subitem 1.1.1 of this Item if such transactions are made according to the procedure, determined by conditions of issue and the circulation of the specified securities.

1.1.4. The transactions connected with investment into bonds of external bonded loans of the Russian Federation can be made without observance of the requirements specified in subitem 1.1.1 of this Item if:

calculations for transactions are perfromed through the international settlement clearing centers "Evroklir Bank", Brussels, and (or) "Klirstrim Benking", Luxembourg;

calculations for transactions are perfromed on delivery conditions against payment or advance payment (predelivery) from the partner;

transaction price on bond purchase is not higher, and transaction price selling bonds is not lower than their final market price determined by the time of transaction, more than on percent 1,5. Market price in this case means the price for determination of market value of assets and net assets value according to the subitem 7 of Item 1 of article 12 of the Federal law "About Investment of Means for Financing of Funded Pension in the Russian Federation".

1.1.5. Security transactions can be made without observance of the requirements specified in subitem 1.1.1 of this Item if the legislation of the Russian Federation and (or) documents certifying the rights affirmed by securities, the determined price of securities or procedure for its determination for the purpose of making of the specified transactions.

1.1.6. Transactions on security sale, not allowed to the address at the organized biddings, can be made without observance of the requirements specified in subitem 1.1.1 of this Item if such transactions are made for the purpose of elimination of violations of requirements to structure and (or) structure of assets of the corresponding investment portfolio. At the same time such elimination shall be performed on the most advantageous conditions for the benefit of insured persons.

1.1.7. Security transactions can be made without observance of the requirements specified in subitem 1.1.1 of this Item if such transactions are made with the central partner according to part 1 of article 13 of the Federal Law of February 7, 2011 No. 7-FZ "About clearing and clearing activities" (The Russian Federation Code, 2011, No. 7, Art. 904; No. 48, Art. 6728; No. 49, Art. 7040, Art. 7061; 2012, No. 53, Art. 7607; 2013, No. 30, Art. 4084; 2014, No. 11, Art. 1098).

1.1.8. The transactions connected with equity investing of the Russian joint stock companies in case of their privatization in accordance with the legislation of the Russian Federation about privatization of the state-owned and municipal property can be made without observance of the requirements specified in subitem 1.1.1 of this Item if such transactions are made at the organized biddings on delivery conditions against payment.

1.1.9. The transactions connected with equity investing in case of their sale by the Central bank of the Russian Federation (except for transactions of repo, the stipulated in Article 39 Federal Laws "About the Central Bank Russian Federation (Bank of Russia)"), can be made without observance of the requirements specified in subitem 1.1.1 of this Item if such transactions are made at the organized biddings on delivery conditions against payment.

1.1.10. The transactions connected with investment into bonds are made if the repayment period of such bonds did not come.

1.1.11. Transactions on acquisition of the securities specified in subitem 1.5.6 of Item 1.5 of this provision can consist only at the expense of means of pension accruals of funds, being participants of system of guaranteeing the rights of insured persons.

1.1.12. Security transactions can be made without observance of the requirements specified in subitem 1.1.1 of this Item if decisions of the Government of the Russian Federation, decisions of the Central bank of the Russian Federation the determined price of securities. Bargains on acquisition of the specified securities are concluded at the price which is not exceeding the price determined thus within 10 working days from acceptance date of the relevant decision about the price and on delivery conditions against payment or predelivery of securities from the partner.

1.2. Requirements of Item 1.1 of this provision do not extend to the transactions of repo and agreements which are derivative financial instruments.

1.3. Transactions of acquisition and sale of foreign currency consist only at the organized biddings or with the credit institutions conforming to requirements of Item 2.1 of this provision.

1.4. Investment of pension accruals of fund is allowed in the assets conforming to the following requirements.

1.4.1. Government securities of subjects of the Russian Federation, municipal bonds, bonds of other issuers, the mortgage securities issued in accordance with the legislation of the Russian Federation about mortgage securities shall be allowed to the address at the organized biddings and correspond at least to one of the following criteria:

the security is included in the quoted list of the highest level at least of one Russian exchange (further - the quoted list of the highest level);

score of long-term creditworthness according to obligations in currency of the Russian Federation or in foreign currency (further - rating) not lower than the level established by the Board of directors of the Bank of Russia is assigned to release of subordinated bonds. In case of lack of rating of release of subordinated bonds score not lower than the level, the Bank of Russia established by the Board of directors is assigned to the issuer of subordinated bonds;

securities, except for subordinated bonds, score not lower than the level, the Bank of Russia established by the Board of directors is assigned to release (in the absence of the rating of release - to the issuer);

obligation fulfillment on payment of nominal value of bonds or for payment of nominal value of bonds and in parts or in full coupon yield on them is provided with the state guarantee of the Russian Federation or guarantee of the "Development Bank and Foreign Economic Activity (Vnesheconombank)" state corporation;

execution of all obligations on bonds is provided with the guarantee of the legal entity to which score not lower than the level, the Bank of Russia established by the Board of directors is assigned.

1.4.2. Shares of the Russian joint stock companies shall be included at least in one quoted list of the highest level and (or) in the list for calculation of the Index of MICEX.

1.4.3. Bonds with mortgage covering and the hypothecation certificates of participation issued in accordance with the legislation of the Russian Federation about mortgage securities shall conform to the following requirements:

objects of construction in progress shall not be part of mortgage covering;

the size of mortgage covering of bonds with mortgage covering on date of issue shall more than by one and a half times to exceed the amount of obligations on payment of nominal value of release (except for bonds with mortgage covering which issuer is the credit institution).

1.4.3.1. The hypothecation certificates of participation issued in accordance with the legislation of the Russian Federation about mortgage securities and acquired after June 1, 2016 shall conform to the following requirements:

only the money or rights to claim provided with pledge of real estate objects shall enter mortgage covering of hypothecation certificates of participation;

the contract for evaluating real estate objects (except for premises) which pledge provides the rights to claim which are part of mortgage covering is signed with the legal entity who for date of assessment signed agreements on evaluating real estate objects annually within the last 10 years and whose revenue for the last accounting year from contracts for evaluating real estate objects constitutes at least 100 million rubles;

the report on evaluating real estate objects (except for premises) which pledge provides the rights to claim which are part of mortgage covering is constituted by the appraiser to whom for date of creation of the report from self-regulatory organizations of appraisers were not applied within two years in number of two and more times of measure of disciplinary impact, provided by the Federal Law of July 29, 1998 No. 135-FZ "About estimative activities in the Russian Federation" (The Russian Federation Code, 1998, No. 31, Art. 3813; 2002, No. 4, Art. 251; No. 12, Art. 1093; No. 46, Art. 4537; 2003, No. 2, Art. 167; No. 9, Art. 805; 2004, No. 35, Art. 3607; 2006, No. 31, Art. 3456; 2007, No. 7, Art. 834; No. 29, Art. 3482; No. 31, Art. 4016; 2008, No. 27, Art. 3126; 2009, No. 19, Art. 2281; No. 29, Art. 3582; No. 52, Art. 6419, Art. 6450; 2010, No. 30, Art. 3998; 2011, No. 1, Art. 43; No. 27, Art. 3880; No. 29, Art. 4291; No. 48, Art. 6728; No. 49, Art. 7024, Art. 7061; 2013, No. 23, Art. 2871; No. 27, Art. 3477; No. 30, Art. 4082; 2014, No. 11, Art. 1098; No. 23, Art. 2928; No. 26, Art. 3377; No. 30, Art. 4226; 2015, No. 1, Art. 52; No. 10, Art. 1418; No. 24, Art. 3372; No. 29, the Art. 4342, the Art. 4350), and also internal documents of self-regulatory organizations of appraisers and which years of service of implementation of estimative activities constitute at least three years.

1.4.4. The release of mortgage securities placed within issue of several releases with single mortgage covering shall correspond to the following conditions:

obligations on acquired release are fulfilled mainly before obligations of other releases provided with pledge of the same mortgage covering;

the share of this release concerning other releases provided with pledge of the same mortgage covering for date of acquisition of mortgage securities shall constitute no more than 90 percent from total nominal value of the bonds provided with one mortgage covering.

1.4.5. Ceased to be valid.

1.4.6. Shares (shares, shares) foreign index investment funds are issued by one of the following funds:

АйШейрс Kor Es - энд - Pi 500 ИТиЭф (iShares Core S&P 500 ETF);

Aysheyrs Emessiay ИЭйЭфИ ITIEF (iShares MSCI EAFE ETF);

Aysheyrs Emessiay of IEmYu ITIEF (iShares MSCI EMU ETF);

АйШейрс Emessiay Dzhermani ITIEF (iShares MSCI Germany ETF);

АйШейрс Emessiay Dzhapen ITIEF (iShares MSCI Japan ETF);

Aysheyrs Emessiay United Kind ITIEF (iShares MSCI United Kingdom ETF);

Pauersheyrs Kyyukyyukyyu Trust, Siriyes 1 (PowerShares QQQ Trust, Series 1);

Espidier Es - энд - Pi of 500 ITIEF Trust (SPDR S&P 500 ETF Trust);

Vanguard FTSE Developed Markets ETF;

Vanguard FTSE Europe ETF;

Espidier Gold (SPDR Gold);

Aysheyrs Silver Trust (iShares Silver Trust);

Financial ex-Emessiay United Kind YUSIAYTIES ITIEF (FinEx MSCI United Kingdom UCITS ETF);

Financial ex-Emessiay Dzhermani ЮСиАйТиЭс ITIEF (FinEx MSCI Germany UCITS ETF);

Financial ex-Emessiay Dzhapen ЮСиАйТиЭс ITIEF (FinEx MSCI Japa№UCITS ETF);

Financial ex-Emessiay YuEsEy ЮСиАйТиЭс ITIEF (FinEx MSCI USA UCITS ETF);

Financial ex-Fizikali Held Gold ITIEF YUESDE (FinEx Physically Held Gold ETF USD).

1.4.7. Bonds (except for bonds of the Russian Federation), start date of placement and (or) the public address of which not earlier than the date of entry into force of this provision, shall correspond at least to one of the following requirements:

to bond issue, except for subordinated bonds of credit institutions, score not lower than the level, the Bank of Russia established by the Board of directors, or, in the absence of the rating of release is assigned, score not lower than the level, the Bank of Russia established by the Board of directors is assigned to the issuer of such bonds, or score not lower than the level, the Bank of Russia established by the Board of directors is assigned to the guarantor (guarantor) on such bonds;

score not lower than the level, the Bank of Russia established by the Board of directors, or, in the absence of the rating of release is assigned to release of subordinated bonds of credit institutions, score not lower than the level, the Bank of Russia established by the Board of directors is assigned to the issuer of such subordinated bonds, or score not lower than the level, the Bank of Russia established by the Board of directors is assigned to the guarantor (guarantor) on such subordinated bonds;

bonds are issued by the issuer who is the concessionary according to the concessionary agreement signed in accordance with the legislation of the Russian Federation about concessionary agreements according to which concedent is the Russian Federation either the subject of the Russian Federation, or the municipality with population more than one million people, and the amount of nominal values of all bonds of this issuer which are in circulation for every day does not exceed 110 percent of the volume of investment provided by all concessionary agreements signed by this issuer.

1.4.8. The subordinated deposits placed in credit institutions which meet the requirements specified in Item 2.1 of this provision and which rating is not lower than the level established by the Board of directors of the Bank of Russia.

1.4.9. Bank deposits and accounts in credit institutions which meet the requirements specified in Item 2.1 of this provision.

The agreement based on which means of pension accruals or accumulating for housing providing the military personnel are invested in deposits or take place on accounts, shall provide condition that in case of early termination of the specified agreement because the credit institution ceased to meet requirements, stipulated in Item 2.1 this provision, such credit institution on demand returns the deposit amount (account balance) and percent on it added proceeding from the interest rate defined by the agreement.

In case of factual determination of discrepancy of credit institutions to requirements of this provision the managing companies investing means of pension accruals and accumulating for housing providing the military personnel in credit institutions no later than the working day following date of establishment of such discrepancy notify the specified credit institutions on unilateral termination of the agreements signed with them and take measures to reclamation of the money invested in the specified credit institutions.

1.5. The structure of investment portfolio of the non-state pension fund performing mandatory pension insurance (further - investment portfolio), shall meet the following additional requirements.

1.5.1. Ceased to be valid.

1.5.2. The government securities of subjects of the Russian Federation and the bond issued on behalf of municipalities in total constitute no more than 40 percent of cost of the investment portfolio.

1.5.3. Ceased to be valid.

1.5.4. Ceased to be valid.

1.5.5. At the time of the conclusion of the transaction on share acquisition of the Russian joint stock companies which are at the same time included in the list for calculation of the Index of MICEX and the quoted list of the highest level, shares of the Russian joint stock companies included only in the quoted list of the highest level, or shares of the Russian joint stock companies included only in the list for calculation of the Index of MICEX, subordinated bonds of credit institutions, and also shares (shares, shares) foreign index investment funds which prospectuses of the issue (the rule of trust management of which) provide opportunity to invest means of funds in shares, aggregate value of such securities (taking into account acquired) constitutes no more than 40 percent of cost of the investment portfolio.

1.5.6. At the time of the conclusion of the transaction on share acquisition of the Russian joint stock companies included only in the list for calculation of the Index of MICEX, or shares of the Russian joint stock companies included only in the quoted list of the highest level, bonds, to release (in the absence of the rating of release - to the issuer) which score lower than the level, the Bank of Russia established by the Board of directors is assigned, and to conforming requirement established by subitem 1.4.7 of Item 1.4 of this provision, the bonds specified in paragraph four of subitem 1.4.7 of Item 1.4 of this provision and which are not conforming to requirements of paragraph two of subitem 1.4.7 of Item 1.4 of this provision, bonds, the procedure for determination of interest rate (coupon) according to which is established in the form of formula with variables (except for interest rates and the rate of inflation), or hypothecation certificates of participation aggregate value of such securities (taking into account acquired) makes no more than 10 percent of cost of the investment portfolio.

1.5.7. Securities of international financial institutions, and also shares (shares, shares) foreign index investment funds in total constitute no more than 20 percent of cost of the investment portfolio.

1.5.8. Since July 1, 2015 securities of one legal entity (group of the connected legal entities (the legal entities who are the main both subsidiaries or the prevailing and dependent societies), securities on which obligation fulfillment is provided with the guarantee or guarantee of such legal entity (persons entering into group of the connected legal entities) money in rubles and in foreign currency on bank deposits and on accounts in such legal entity (persons entering into group of the connected legal entities if the corresponding legal entities are credit institutions) in total constitutes no more than 25 percent of cost of the investment portfolio.

1.5.9. Bonds with remaining period of repayment (with remaining period of the early repayment upon the demand of owners provided by release conditions, or remaining period of obligatory acquisition by their issuer) more than three months and shares of one legal entity (persons entering into group of the connected legal entities (the legal entities who are the main both subsidiaries or the prevailing and dependent societies), bonds with remaining period of repayment (remaining period of the early repayment upon the demand of owners provided by release conditions, or remaining period of obligatory acquisition by their issuer) more than three months on which obligation fulfillment is provided with the guarantee or guarantee of such legal entity (persons entering into group of the connected legal entities), bank deposits with remaining period more than three months in such legal entity (persons entering into group of the connected legal entities if the corresponding legal entities are credit institutions) in total constitute no more than 15 percent of cost of the investment portfolio.

1.5.10. Bonds of credit institutions with remaining period of repayment (remaining period of the early repayment upon the demand of owners provided by release conditions, or remaining period of obligatory acquisition by their issuer) more than three months, shares of credit institutions and deposits with remaining period more than three months in total constitute no more than 40 percent of cost of the investment portfolio.

1.5.11. At the time of the conclusion of the transaction on acquisition of the assets nominated in foreign currency, aggregate value of such assets (taking into account acquired) constitutes no more than 30 percent of cost of the investment portfolio.

1.6. According to the paragraph the second Item 1 of article 36.15 of the Federal law "About Non-state Pension Funds" securities conform to requirements of the Bank of Russia if score not lower than the level, the Bank of Russia established by the Board of directors is assigned to the issuer of the specified securities.

According to paragraphs the seventh and eighth Item 1 of article 36.15 of the Federal law "About Non-state Pension Funds" securities conform to requirements of the Bank of Russia if the specified securities address at the organized biddings.

1.7. Transfer to the broker, being credit institution which does not meet the requirements specified in Item 2.1 of this provision (except as specified when means of pension accruals are considered by the broker on the separate bank account (the special broker account) opened in the credit institution meeting the requirements specified in Item 2.1 of this provision), means of pension accruals in case of their investment is not allowed.

In case of factual determination of discrepancy of credit institutions to which means of pension accruals under agreements on broker servicing are transferred to requirements of this provision (except as specified when means of pension accruals are considered by the broker on the separate bank account (the special broker account) opened in the credit institution meeting the requirements specified in Item 2.1 of this provision), managing companies no later than the working day following date of establishment of such discrepancy notify the specified credit institutions on unilateral termination of the agreements on broker servicing signed with them based on which means of pension accruals are transferred, and take measures to reclamation of means of pension accruals.

Chapter 2. Additional requirements to credit institutions in which the non-state pension funds performing mandatory pension insurance managing companies and brokers place means of pension accruals and also in which managing companies and brokers place accumulatings for housing providing the military personnel

2.1. Additional requirements to credit institutions in which non-state pension funds, managing companies and brokers place means of pension accruals and also in which managing companies and brokers place accumulatings for housing providing the military personnel are the following requirements.

2.1.1. Availability at credit institution of the general license of the Central bank of the Russian Federation for banking operations.

2.1.2. Availability at credit institution of own means (capital) in the amount of at least five billion rubles as of the last reporting date.

2.1.3. Availability at credit institution of the assigned score is not lower than the level, the Bank of Russia established by the Board of directors.

2.1.4. Lack of prohibition on attraction by credit institution in deposits of money of physical persons and on opening of accounts of physical persons, the stipulated in Article 48 Federal Laws of December 23, 2003 No. 177-FZ "About deposit insurance in banks of the Russian Federation" (The Russian Federation Code, 2003, No. 52, Art. 5029; 2004, No. 34, Art. 3521; 2005, No. 1, Art. 23; 2006, No. 31, Art. 3449; 2007, No. 12, Art. 1350; 2008, No. 42, Art. 4699; No. 52, Art. 6225; 2011, No. 1, Art. 49; No. 27, Art. 3873; No. 29, Art. 4262; No. 49, Art. 7059; 2013, No. 19, Art. 2308; No. 27, Art. 3438; No. 49, Art. 6336; No. 52, Art. 6975; 2014, No. 14, Art. 1533; No. 30, Art. 4219; "The official Internet portal of legal information" (www.pravo.gov.ru), on December 23, 2014).

2.2. For the purpose of the organization of control of observance of additional requirements, stipulated in Item 2.1 this provision, the Central bank of the Russian Federation posts on the official site on the Internet data on credit institutions which conform to requirements, stipulated in Item 2.1 this provision, except for subitem 2.1.3 of Item 2.1 of this provision.

2.3. The additional requirements established in Item 2.1 of this provision do not extend to person who is given the status of the central depositary in accordance with the legislation of the Russian Federation, and also on person performing functions of the central partner.

Chapter 3. The additional requirement which the managing company which is selected on tender shall observe during validity of the trust management of means of pension accruals concluded with the Pension Fund of the Russian Federation

3.1. The last working day of each calendar month net assets value of open mutual investment funds, assets in which means of pension accruals of the non-state pension funds performing mandatory pension insurance, means of accumulative and mortgage system of housing providing the military personnel who is in trust management of the managing company which is selected on tender are invested shall make at least one billion rubles.

3.2. The requirement of Item 3.1 of this provision is subject to application to the managing companies which signed the trust management agreement of means of pension accruals with the Pension Fund of the Russian Federation (further - the agreement) after January 1, 2015, and also to the managing companies which signed the agreement before the specified date in case of its prolongation after the specified date according to the procedure, stipulated by the legislation the Russian Federation.

Chapter 4. Final provisions

4.1. This Provision becomes effective after 10 days after day of its official publication in "the Bulletin of the Bank of Russia".

4.2. From the date of entry into force of this provision to recognize invalid:

Instruction of the Bank of Russia of April 23, 2014 No. 3237-U "About establishment of additional requirements to credit institutions in which means of pension accruals and accumulating for housing providing the military personnel are placed", registered by the Ministry of Justice of the Russian Federation on June 6, 2014 No. 32604 ("the Bulletin of the Bank of Russia" of June 20, 2014 No. 58);

Item 1.6 of the Instruction of the Bank of Russia of November 25, 2014 No. 3454-U "About modification of separate regulations of the Bank of Russia", No. 35118 registered by the Ministry of Justice of the Russian Federation on December 10, 2014 ("the Bulletin of the Bank of Russia" of December 22, 2014 No. 112).

 

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