INSTRUCTION OF CENTRAL BANK OF THE RUSSIAN FEDERATION

of November 18, 2013 No. 3113-U

About modification of the Provision of the Bank of Russia of November 12, 2007 No. 312-P "About procedure for provision by the Bank of Russia to credit institutions of the credits provided with assets or guarantees"

1. Bring in the Provision of the Bank of Russia of November 12, 2007 No. 312-P "About procedure for provision by the Bank of Russia to credit institutions of the credits provided with assets or guarantees", registered by the Ministry of Justice of the Russian Federation on December 10, 2007 No. 10658, on June 25, 2008 No. 11875, on October 7, 2008 No. 12405, on October 15, 2008 No. 12457, on October 24, 2008 No. 12520, on January 14, 2009 No. 13069, on September 8, 2009 No. 14730, on March 13, 2012 No. 23460, on August 17, 2012 No. 25208, on May 28, 2013 No. 28549 ("the Bulletin of the Bank of Russia" of December 17, 2007 No. 69, of July 2, 2008 No. 35, of October 17, 2008 No. 58, of October 27, 2008 No. 60, of January 21, 2009 No. 4, of September 16, 2009 No. 54, of March 21, 2012 No. 15, of August 29, 2012 No. 51, of July 31, 2013 No. 41), following changes.

1.1. To declare subitem 2.1.4 of Item 2.1 invalid.

1.2. In subitem 2.2.1 of Item 2.2 of the word", and also intra overnight credits from the corresponding key account of bank based on collection orders of the Bank of Russia without order of bank - the account holder" to exclude the right to write-off of payment for right to use.

1.3. State Item 2.3 in the following edition:

"2.3. The loans of the Bank of Russia are granted into the key account of bank - the potential borrower (borrowing bank), opened in authorized RNKO if in addition to compliance of the specified bank to criteria, stipulated in Item 2.1 this provision, the bank granted to the Bank of Russia the right:

on receipt of information on transactions on the specified key account of bank;

on cash write-off from the specified key account of bank based on collection orders of the Bank of Russia in the amount of obligations of bank - the potential borrower (borrowing bank) on the credits of the Bank of Russia without order of the specified bank.".

1.4. In subitem 3.2.3 of Item 3.2:

the fourth and fifth to state paragraphs in the following edition:

"on the date of calculation of cost of the corresponding bill of exchange (right to claim according to the credit agreement) - when the bill of exchange (right to claim according to the credit agreement) is not in pledge on the credit of the Bank of Russia, and also when checking security of the credit of the Bank of Russia, as a deposit on which the bills of exchange (rights to claim according to the credit agreement) which are in pledge on other credit of the Bank of Russia are selected;

on the date of loan granting of the Bank of Russia, as a deposit on which the bill of exchange (right to claim according to the credit agreement) is selected, and when replacing providing - on the date of origin at the Bank of Russia of the right of pledge to the bill of exchange (right to claim according to the credit agreement) - during finding of the bill of exchange (right to claim according to the credit agreement) in pledge on the credit of the Bank of Russia.";

the first offer of the paragraph of the sixth after words of "the decision on loan granting of the Bank of Russia" to add with words ", including, in case of decision making about possibility of the admission of the Application for participation in credit auction of credit institution before participation in credit auction".

1.5. The paragraph third Item 3.2 (to declare 1) invalid.

1.6. To state subitem 3.4.8 of Item 3.4 in the following edition:

"3.4.8. the bill of exchange is not encumbered with obligations of borrowing bank to the third parties, concerning the bill of exchange there are no disputes and requirements imposed in accordance with the established procedure;".

1.7. To state subitem 3.5.5 of Item 3.5 in the following edition:

"3.5.5. the right to claim according to the credit agreement is not encumbered with obligations of borrowing bank to the third parties, concerning the specified right to claim there are no disputes and requirements imposed in accordance with the established procedure;".

1.8. In paragraph five of subitem 3.6.4 of Item 3.6 to exclude the word "accounting".

1.9. In appendix 1:

in Item 1.1 of the word "name of division of settlement network of the Bank of Russia;" shall be replaced with words "the name of division of the Bank of Russia or", the words "BIC of Division of Settlement Network" shall be replaced with words "BIC of division";

the paragraph one of Item 3.2 after words of "credit agreements" to add with words ", including the loan interest rate of the Bank of Russia operating for date of loan granting of the Bank of Russia";

state Item 3.3 in the following edition:

"3.3. Essential conditions of agreements of pledge or the guarantee agreements providing obligation fulfillment of Bank before the Bank of Russia according to the credit agreements signed within this agreement are fixed in Notices.

Agreements of pledge, except for the agreements which are drawing up providing the credits overnight consist in the relation of the assets included in structure of the assets accepted in providing the loans of the Bank of Russia granted into the corresponding key account free from pledge, providing intra overnight credit, Statements on receipt of the credit of the Bank of Russia on fixed interest rate or Applications for participation in credit auction (except for Requests (Statement) based on which, (which) the corresponding loan of the Bank of Russia is granted), and also not selected for reorganization (replacement) of providing on granted loan of the Bank of Russia which security is broken.

Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info