RESOLUTION OF BOARD OF NATIONAL BANK OF THE REPUBLIC OF BELARUS

of February 10, 2016 No. 67

About some questions of implementation of activities in the Forex curb market

Based on Item part two 13, of paragraphs of the sixth, seventh, eleventh and twelfth Item 17, of paragraphs of third and fifth Item 18 of the Presidential decree of the Republic of Belarus of June 4, 2015 "About implementation of activities in the Forex curb market" and 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: No. 231

1. Establish:

1.1. risk limit Forex company (limiting ratio of cumulative open line item of clients (the amount of open line items of clients) on separate underlying asset and equity Forex company):

in the amount of 1,5 – for Forex companies, 5 million Belarusian rubles having authorized capital in the amount of at least 2, and equity in the amount of at least 5 million Belarusian rubles and managing directors of the risks by implementation in the procedure established by the legislation at least one of the following transaction types:

with securities (when implementing transactions with professional participants of the security market);

with precious metals (when implementing transactions with banks of the Republic of Belarus (further – bank);

with digital signs (tokens) (when implementing transactions with the operators of cryptoplatforms, operators of exchange of cryptocurrencies who are residents of the Park of high technologies);

with non-deliverable off-exchange financial instruments (when implementing transactions with external partners);

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