It is registered
Ministry of Justice
Russian Federation
On August 19, 2016 No. 43321
of July 19, 2016 No. 548-P
About procedure of payments of own means of professional participants of the security market, and also license applicants of the professional participant of the security market
This Provision based on Item 6 of Article 42, Item 3 of article 44 of the Federal Law of April 22, 1996 No. 39-FZ "About the security market" (The Russian Federation Code, 1996, No. 17, Art. 1918; 2001, No. 33, Art. 3424; 2002, No. 52, Art. 5141; 2004, No. 27, Art. 2711; No. 31, Art. 3225; 2005, No. 11, Art. 900; No. 25, Art. 2426; 2006, No. 1, Art. 5; No. 2, Art. 172; No. 17, Art. 1780; No. 31, Art. 3437; No. 43, Art. 4412; 2007, No. 1, Art. 45; No. 18, Art. 2117; No. 22, Art. 2563; No. 41, Art. 4845; No. 50, Art. 6247; 2008, No. 52, Art. 6221; 2009, No. 1, Art. 28; No. 18, Art. 2154; No. 23, Art. 2770; No. 29, Art. 3642; No. 48, Art. 5731; No. 52, Art. 6428; 2010, No. 17, Art. 1988; No. 31, Art. 4193; No. 41, Art. 5193; 2011, No. 7, Art. 905; No. 23, Art. 3262; No. 27, Art. 3880; No. 29, Art. 4291; No. 48, Art. 6728; No. 49, Art. 7040; No. 50, Art. 7357; 2012, No. 25, Art. 3269; No. 31, Art. 4334; No. 53, Art. 7607; 2013, No. 26, Art. 3207; No. 30, Art. 4043, Art. 4082, Art. 4084; No. 51, Art. 6699; No. 52, Art. 6985; 2014, No. 30, Art. 4219; 2015, No. 1, Art. 13; No. 14, Art. 2022; No. 27, Art. 4001; No. 29, Art. 4348, Art. 4349; Art. 4357; 2016, No. 1, Art. 50; Art. 81; No. 27, the Art. 4225) (further - the Federal Law "About the Security Market") and article 76.4 of 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; No. 30, 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. 40, Art. 5318; No. 45, Art. 6154; No. 52, Art. 7543; 2015, No. 1, Art. 4, Art. 37; No. 27, Art. 3958, Art. 4001; No. 29, Art. 4348, Art. 4357; No. 41, Art. 5639; No. 48, Art. 6699; 2016, No. 1, Art. 23, Art. 46, Art. 50; No. 27, Art. 4225; "The official Internet portal of legal information" (www.pravo.gov.ru), on July 4, 2016) establishes procedure of payments of own means of the professional participant of the security market (further - the organization), and also the license applicant of the professional participant of the security market (further - the license applicant).
1.1. The size of own means of the organization is determined as difference between asset cost, provided by Chapters 2 - the 9th this provision, and the amount of the liabilities of the organization provided by Chapter 10 of this provision.
1.2. The asset cost and the amount of liabilities of the organization are determined for settlement date of own means of the organization based on accounting data, and also according to the requirements established by this Provision.
1.3. Decrease in the size of own means of the organization is lower than the size established by regulations of the Bank of Russia, arisen on circumstances, independent of actions of the organization, as a result of discrepancy of own means of assets taken to calculation to the requirements established in items 4. 3, 5.2, 5.3, 6.2, 8.2 and 8.3 of this provision, it shall be eliminated with the organization within one month from date when the specified decrease was or owed be revealed if other term is not provided by this Item.
Decrease in the size of own means of the organization is lower than the size established by regulations of the Bank of Russia, resulted from discrepancy of assets to requirements of this provision in connection with acceptance by the Board of directors of the Bank of Russia of the decision on change of the list of the rating agencies or about increase in rating level specified in appendix to this Provision (further - rating), shall be eliminated with the organization within six months from the effective date of the solution of the Board of directors of the Bank of Russia on change of the list of rating agencies or on increase in rating level if other term is not provided in the specified decision.
Information on acceptance by the Board of directors of the Bank of Russia of the decision on change of the list of rating agencies or the rating level established according to appendix to this Provision is posted on the official site of the Bank of Russia on the Internet and published in "the Bulletin of the Bank of Russia".
1.4. Requirements of this provision do not extend to credit institutions, and also to the organizations having at the same time the license of the professional participant of the security market and the license of managing company of investment funds, mutual investment funds and non-state pension funds.
2.1. To calculation of own means the following assets are accepted.
2.1.1. The real estate used for rendering the services rendered based on the license of the Bank of Russia, and (or) for managerial needs, accepted by the organization to financial accounting as fixed assets.
2.1.2. Ceased to be valid since March 1, 2017 according to Item 12.2 of this provision.
2.1.3. Ceased to be valid since March 1, 2017 according to Item 12.2 of this provision.
2.2. Real estate (except for construction in progress) is accepted to calculation of own means of the organization in assessment for accounting data (less charged depreciation).
2.3. Ceased to be valid since March 1, 2017 according to Item 12.2 of this provision.
2.4. Ceased to be valid since March 1, 2017 according to Item 12.2 of this provision.
Voided since March 1, 2017 according to Item 12.2 of this provision.
4.1. To calculation of own means of the organization the following receivables are accepted.
4.1.1. The money of the organization and its clients which are under the agreement on broker servicing at the broker or the foreign person conforming to the requirements established in Item 4.3 of this provision within the amount which return the organization has the right to demand from the specified broker or the foreign person.
4.1.2. The loans for making of marginal transactions (further - marginal loans) granted clients of the organization if according to accounting policy of the organization such loans are considered as a part of receivables.
4.1.3. The money of the organization and (or) its clients which is individual or collective clearing providing which return the organization has the right to demand from the clearing organization.
4.1.4. The money of the organization which is in trust management according to trust management agreements with the managing director or the foreign person, to the relevant requirements established in Item 4.3 of this provision.
4.1.5. The money added, but not withheld by the organization for compensation of necessary agreement expenses of trust management.
4.1.6. Debt of clients of the organization for depositary agreements, on agreements on rendering services of specialized depositary, on contracts for maintaining the register of mortgage covering and on agreements based on which depositaries render services in accounting of the foreign financial instruments which are not qualified as securities.
4.1.7. Debt of clients of the organization for contracts for maintaining the register of personalized issued securities, register of owners of investment shares, register of owners of hypothecation certificates of participation, debt on service provision agreements on the organization, convocation and holding general meetings of owners of securities, on accomplishment of functions of counting board, and also debt on contracts for rendering assistance in implementation of the rights on securities.
4.1.8. Debt of clients of the organization for payment of remuneration on the agreement on broker servicing.
4.1.9. The added, but not withheld remuneration according to the trust management agreement.
4.1.10. Other debt on payment of remunerations to the organization and expense recovery on agreements on paid rendering services.
4.1.11. The cumulative interest (coupon) income on bonds including accepted to financial accounting as the financial investments, except for the cumulative interest (coupon) income on bonds concerning which issuer data on delay of execution by the issuer of the obligation on payment of the specified income or data on application to the issuer of insolvency proceeding are in accordance with the legislation of the Russian Federation published.
4.1.12. The amount of the requirements for the transactions made for customer account of the organization, accepted to financial accounting of the organization.
4.2. Receivables provided by subitems 4.1.5 - 4.1.10 Items 4.1 of this provision, are accepted to calculation of own means if the term of its repayment expires no later than 30 days from calculating date. At the same time, expiry date of repayment of receivables is determined proceeding from conditions of the corresponding obligation.
4.3. The money of the organization or its clients which are at the foreign person under the agreement on broker servicing, and also the money of the organization which is at the foreign person according to the trust management agreement are accepted to calculation of own means if the specified foreign person at the same time conforms to the following requirements:
performs activities in the countries having country estimates on classification of the Export Credit Agencies participating in the Agreement of member countries of Organization for Economic Cooperation and Development (OECD) "About the basic principles of provision and use of the export loans having official support" (further - country estimates), "0", "1", "2", "3", "4", or in the countries with the high level of the income which is members of OECD and (or) the European Union, passed to single monetary unit of the European Union (further - the Eurozone) (for the purposes of this Instruction information on country estimates and the countries with the high level of the income which is members of OECD and (or) the Eurozone posted on the corresponding website by OECD on the Internet is used);
the size of own means of the foreign person calculated according to the procedure established by the personal law of the foreign person in foreign currency exceeds the amount equivalent to 35 million rubles on the official rate of the Bank of Russia established for calculating date.
4.4. Ceased to be valid since October 1, 2016 according to Item 12.2 of this provision.
5.1. Requirements for obligations which subject is money (including foreign currency) or securities (further - financial requirements) are accepted to calculation of own means if they are accepted to financial accounting and completion date of such obligations does not exceed 90 days. At the same time requirements for obligations from agreements which subject are securities are accepted to calculation of own means if such securities are also accepted to calculation of own means according to this Provision.
5.2. The financial requirement is accepted to calculation of own means in that amount in which it is provided with pledge, security payment, the guarantee or independent guarantee or the different way provided by the agreement if subject of such providing are securities. At the same time, if providing subject, including pledge, securities, amount in which the financial requirement is provided are, it is determined only by the securities accepted to calculation of own means for the prices determined according to Item 6.3 or subitems 6.4.1 - 6.4.3 Items 6.4 of this provision.
The financial requirement provided with the guarantee or independent guarantee is accepted to calculation of own means provided that guarantor or the guarantor is person having credit rating is not lower than the minimum level of the rating provided in appendix to this Provision.
5.3. If the financial requirement is not provided according to provisions of this Chapter by the corresponding methods of obligation fulfillment or provided not in full, such financial requirement is accepted to calculation of own means in the amount which is not provided according to provisions of this Chapter provided that the debtor according to the obligation according to which there was such requirement has credit rating, not below the minimum level of the rating provided by appendix to this Provision.
5.4. The cost of the securities which are subject of the obligation in which the organization has financial requirement, or being subject of providing such requirement is determined according to Chapter 6 of this provision.
5.5. Financial requirements for obligations from repo transactions are accepted to calculation of own means for the rules provided by this Chapter in volume of the property received by the first part of the repo transaction which size is determined according to requirements of Items 5.2 and 5.3 of this provision. At the same time such requirements are accepted to calculation of own means regardless of as what asset they are accepted to financial accounting.
5.6. Requirements of this Chapter are not applied to receivables and to the financial investments provided by subitems 4.1.1 - 4.1.12 Items 4.1 and Item 7.2 of this provision respectively, and also to the money provided by Chapter 8 of this provision.
6.1. To calculation of own means of the organization the following securities are accepted:
the Russian and foreign shares of public societies (companies), and also depositary receipts on them;
Russian and foreign bonds;
investment shares of mutual investment funds, and also securities of the foreign organizations which according to their personal law belong to schemes of collective investment or schemes of joint investment, both with education, and without formation of legal entity (further - foreign funds);
hypothecation certificates of participation;
clearing participation certificates (further - KSU).
6.2. Securities, stipulated in Item 6.1 this provision, are accepted to calculation of own means of the organization if they are included in the quoted list of the first (highest) level of the Russian exchange or in the main (official) list of the foreign exchange which is included into the list of the exchanges approved by the Bank of Russia according to the Instruction of the Bank of Russia of January 28, 2016 No. 3949-U "About approval of the list of the foreign exchanges, passing of the procedure of listing at which is the compulsory provision for adoption by the Russian exchange of the decision on the admission of securities of foreign issuers to the organized biddings, and also condition for not carrying out by the organizations performing transactions with money or other property, identifications of beneficial owners of the foreign organizations whose securities underwent the procedure of listing at such exchanges", the registered Ministry of Justice of the Russian Federation on March 9, 2016 No. 41340 ("the Bulletin of the Bank of Russia" of March 16, 2016 No. 26) (further - the foreign exchange).
The requirement about inclusion of securities in the quoted list of the first (highest) level of the Russian exchange or in the main (official) list of the foreign exchange is not applied to government securities of the Russian Federation, KSU, and also to bonds if on such bonds at least in one day from the last 30 days preceding calculating date in information system Bloomberg (Bloomberg) or information system Thomson of Reuters (Thompson Reuters) purchasing requests and requests for sale by at least three dealers were at the same time offered provided that the specified bonds are:
the bonds provided with guarantee of the Russian Federation;
bonds, credit score not below the minimum level of the rating provided by appendix to this Provision is assigned to the issuer or release of which;
the bonds provided with the guarantee or independent guarantee of person having credit rating are not lower than the minimum level of the rating provided by appendix to this Provision.
6.3. Securities by which for calculating date market price is determined are accepted to calculation of own means in assessment at their market price of calculating date.
Securities by which for calculating date market price, but the determined price of closing of the market is not determined following the results of the biddings at the foreign exchange are accepted to calculation of own means in assessment on closing price of the market of the specified securities for calculating date.
If date for which the final market price of security or the final price of closing of the market of this security following the results of the biddings at the foreign exchange is determined is later in relation to date for which its final price is determined according to subitems 6.4.1 - 6.4.3 Items 6.4 of this provision, such security is accepted to calculation of own means in assessment at its final market price or closing price of the market at the foreign exchange. At the same time the security is accepted to calculation of own means respectively in assessment at the market price, closing price of the market following the results of the biddings at the foreign exchange or at the price determined according to subitems 6.4.1 - 6.4.3 Items 6.4 of this provision if from date for which such price before calculating date is determined there passed no more than 30 days.
6.4. If other not stipulated in Item 6.3 this provision, securities by which for calculating date market price or closing price of the market following the results of the biddings at the foreign exchange is not determined are accepted to calculation of own means in assessment determined according to subitems 6.4.1 - 6.4.4 presents of Item.
6.4.1. For investment shares, shares of the Russian investment fund or hypothecation certificates of participation - respectively at the settlement cost of investment share, net assets value of joint-stock investment fund counting on one share or estimated value of the hypothecation certificate of participation, as of calculating date.
6.4.2. For securities of foreign fund - at the last the settlement cost of such security, known for calculating date, determined proceeding from net assets value of the specified foreign fund.
6.4.3. For bonds on the final average price of closing of the market of the specified securities published by information system Bloomberg generic Mid/last or on the final average price determined proceeding from the published information system Thompson by Reuters of the composite price of purchase of the specified securities (Thompson Reuters Composite bid) and the composite price of their sale (Thompson Reuters Composite ask).
6.4.4. For securities by which the last 30 days prior to calculating date the prices according to requirements of Item 6.3 and subitems 6.4.1 - 6.4.3 Items 6.4 of this provision were not determined, and also for KSU - according to accounting data, less the reserve created by the organization under impairment of the financial investments.
7.1. Ceased to be valid since October 1, 2016 according to Item 12.2 of this provision.
7.2. To calculation of own means the marginal loans granted clients of the organization are accepted if according to accounting policy of the organization such loans are accepted to financial accounting as the financial investments.
8.1. To calculation of own means the following assets are accepted.
8.1.1. Money, including foreign currency of the organization and its clients who are on its settlement accounts and special bank accounts (transit accounts, special broker accounts, special depositary accounts, nominal accounts and other) in the credit institutions and foreign banks meeting requirements of Items 8.2 and 8.3 of this provision respectively, except for money which it is seized or the order which it is limited based on the decision of relevant organ of the government.
8.1.2. The money of the organization which is in cash desk.
8.1.3. Money of the organization in currency of the Russian Federation and foreign currencies in deposits (deposits) in the credit institutions and foreign banks meeting requirements of Items 8.2 and 8.3 of this provision respectively in assessment, proceeding from the main deposit amount (deposit), and also the amount of the percent which are due on contribution (deposit) for calculating date, except for money in subordinated deposits (deposits) and money which it is seized or the order which it is limited based on the decision of relevant organ of the government.
8.1.4. Money of the organization on its accounts in the credit institutions conforming to requirements of Item 8.2 of this provision by which remaining balance is determined in volume of the right of the organization to demand from credit institution to pay cash equivalent of cost of precious metal at current rate.
8.2. The money of the organization and its clients which is on its settlement accounts and in deposits (deposits) in credit institutions are accepted to calculation of own means if the specified credit institutions for settlement date have credit rating not below the minimum level of the rating provided in appendix to this Provision.
8.3. The money of the organization and its clients which is on its settlement accounts and in deposits (deposits) in foreign banks are accepted to calculation of own means provided that such banks have credit rating not below the minimum level of the rating provided by appendix to this Provision and also meet the requirements established by the subitem 1 of Item 2 of article 51.1 of the Federal law "About the Security Market".
9.1. Computer facilities, the computer programs and databases, and also purchase costs of the computer programs and databases are accepted to calculation of own means in assessment at the cost which is not exceeding 40 total percent of asset cost accepted to calculation of own means.
9.2. Ceased to be valid since October 1, 2016 according to Item 12.2 of this provision.
9.3. In case of acceptance to calculation of own means of objects of construction in progress, and also the real estate accepted by the organization to financial accounting as profitable investments in material values, cost of the specified assets it is adjusted multiplied) by 0,5 coefficient.
9.4. The financial investments of the organization in investment shares of mutual investment fund, securities of foreign fund, and also hypothecation certificates part are taken to calculation of own means in the amount of, not exceeding 25 percent according to net assets value of mutual investment fund, net assets value of foreign fund and cost (size) of mortgage covering.
9.5. At the rate of own means of the organization the following assets accepted by the organization to financial accounting are excluded.
9.5.1. Own shares (shares) redeemed at shareholders.
9.5.2. Investments in shares (shares) of affiliated legal entities (including legal entities - nonresidents).
9.5.3. The financial investments in legal entities who as of calculating date are liquidated are in process of liquidation or concerning which insolvency proceedings according to the procedure are entered, established by the legislation of the Russian Federation.
9.5.4. The financial investments in legal entities who have the delayed or prolonged debt to the organization.
9.5.5. Debt of legal entities who as of calculating date are liquidated are in process of liquidation or concerning which insolvency proceedings according to the procedure are entered, established by the legislation of the Russian Federation.
9.5.6. Debt of legal entities who have the delayed or prolonged (re-structured) debt to the organization.
9.5.7. Debt of persons who donated the organizations property in the amount which is not exceeding the cost of the donated property if from the date of such transfer there passed less than one year, and also debt of founders (shareholders, members, participants) on deposits to the authorized (share) capital or on deposits to property of the organization.
9.6. Ceased to be valid since April 1, 2017 according to Item 12.2 of this provision.
10.1. The structure of the liabilities accepted to calculation of own means of the organization joins the following liabilities.
10.1.1. Target financing if terms of the contract of target financing by the organization are not performed as of calculating date.
10.1.2. Long-term obligations (including delayed).
10.1.3. Short-term loans and loans.
10.1.4. Accounts payable (including delayed).
10.1.5. Deferred revenues, except for the means received by the organization gratuitously.
10.1.6. Reserves of the forthcoming expenses and payments, and also doubtful debt allowances.
10.1.7. The amount of deferred tax liabilities less the amount of deferred tax assets.
10.1.8. Outstanding amount before participants (founders) on payment of the income.
10.1.9. Other obligations of the organization, including the amount of obligations which resulted from property trust management of the organization according to the report of the trustee.
10.2. The amount of the guarantees issued to the organizations, except for guarantees of the broker, providing obligation fulfillment according to the transactions made at the biddings of the organizer of trade.
10.3. Nominal value due for settlement upon the demand of the KSU organization if they are accepted to calculation of own means as a part of assets of the organization.
11.1. The size of own means of the license applicant for the purposes of accomplishment of the licensed requirements established by regulations of the Bank of Russia is determined as difference between asset cost of the license applicant, provided by Chapter 8 of this provision and Items 11.2 and 11.3 of this provision, and the amount of the liabilities of the license applicant provided by Chapter 10 of this provision.
At the rate of own means of the license applicant the assets accepted to financial accounting listed in Item 9.5 of this provision are excluded.
11.2. To calculation of own means the real estate acquired for the purpose of use for rendering the services rendered based on the license of the Bank of Russia, and (or) for managerial needs, accepted by the organization to financial accounting as fixed assets in assessment according to accounting data is accepted (less charged depreciation).
11.3. To calculation of own means securities, the stipulated in Item 6.1 this provision included in the quoted list of the first (highest) level of the Russian exchange or in the main (official) list of the foreign exchange are accepted.
The requirement about inclusion of securities in the quoted list of the first (highest) level of the Russian exchange or in the main (official) list of the foreign exchange is not applied to government securities of the Russian Federation, and also to bonds if on such bonds at least in one day from the last 30 days preceding calculating date in information system Bloomberg (Bloomberg) or information system Thomson of Reuters (Thompson Reuters) purchasing requests and requests for sale by at least three dealers were at the same time offered provided that specified by bonds are:
the bonds provided with guarantee of the Russian Federation;
bonds, credit score not below the minimum level of the rating provided by appendix to this Provision is assigned to the issuer or release of which;
the bonds provided with the guarantee or independent guarantee of person having credit rating are not lower than the minimum level of the rating provided by appendix to this Provision.
11.4. The securities specified in Item 11.3 of this provision are accepted to calculation of own means in assessment at their market price or on the final average price of closing of the market determined taking into account requirements of Items 6.3 and subitem 6.4.3 of Item 6.4 of this provision respectively.
11.5. The asset cost and the amount of liabilities of the license applicant are determined for settlement date of own means of the license applicant based on accounting data, according to the requirements established by this Provision.
12.1. This Provision is subject to official publication and according to the solution of the Board of directors of the Bank of Russia (the minutes of the Board of directors of the Bank of Russia of July 5, 2016 No. 18) become effective since September 1, 2016, except for separate provisions for which this Item establishes other terms of their introduction in force.
Chapter 5 of this provision becomes effective since October 1, 2016.
Items 6.2 and 9.4 of this provision become effective since April 1, 2017.
12.2. Items 4. 4, 7.1 and 9.2 this provision act till October 1, 2016.
Subitems 2.1. 2, 2.1.3 Items 2. 1, Items 2. 3, 2.4, Chapter 3 this provision act till March 1, 2017.
Item 9.6 of this provision is effective till April 1, 2017.
12.3. From the date of entry into force of this provision not to apply:
the order of FFMS of Russia of October 23, 2008 No. 08-41/pz-n "About approval of the Regulations on procedure of payments of own means of professional participants of the security market, managing companies of investment funds, mutual investment funds and non-state pension funds", No. 13265 registered by the Ministry of Justice of the Russian Federation on February 4, 2009 (The Russian newspaper of February 13, 2009);
the order of FFMS of Russia of May 6, 2010 No. 10-31/pz-n "About introduction of amendments to the Order of FFMS of Russia of October 23, 2008 No. 08-41/pz-n "About approval of the Regulations on procedure of payments of own means of professional participants of the security market, managing companies of investment funds, mutual investment funds and non-state pension funds", No. 17537 registered by the Ministry of Justice of the Russian Federation on June 9, 2010 (The bulletin of regulations of federal executive bodies of July 5, 2010 No. 27);
the order of FFMS of Russia of June 22, 2010 No. 10-43/pz-n "About approval of changes which are made to the Regulations on procedure of payments of own means of professional participants of the security market, managing companies of the investment funds, mutual investment funds and non-state pension funds, commodity exchanges and exchange intermediaries signing the agreements which are derivative financial instruments which basic asset are the exchange goods in exchange trade, approved by the order of the Federal Service for Financial Markets of 23.10.2008 No. 08-41/pz-n", No. 17972 registered by the Ministry of Justice of the Russian Federation on July 26, 2010 (The bulletin of regulations of federal executive bodies of August 16, 2010 No. 33).
Chairman of the Central bank of the Russian Federation
E. S. Nabiullina
to the Provision of the Bank of Russia of July 19, 2016 No. 548-P "About procedure of payments of own means of professional participants of the security market, and also license applicants of the professional participant of the security market"
Table of credit ratings
|
№ of payment order |
Subject (object) of rating |
Rating agency |
Minimum level of rating |
|
1 |
2 |
3 |
4 |
|
1 |
Foreign person (foreign securities) |
Moody "s |
Baa3 |
|
S&P |
BBB- | ||
|
Fitch |
BBB- | ||
|
2 |
Russian person (Russian securities) |
According to the list of rating agencies approved by the Board of directors of the Bank of Russia |
The level established by the Board of directors of the Bank of Russia |
Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info
Database include more 50000 documents. You can find needed documents using search system. For effective work you can mix any on documents parameters: country, documents type, date range, teams or tags.
More about search system
If you cannot find the required document, or you do not know where to begin, go to Help section.
In this section, we’ve tried to describe in detail the features and capabilities of the system, as well as the most effective techniques for working with the database.
You also may open the section Frequently asked questions. This section provides answers to questions set by users.
The document ceased to be valid since September 1, 2019 according to Item 5.4 of the Instruction of the Central bank of the Russian Federation of March 22, 2019 No. 5099-U