INSTRUCTION OF CENTRAL BANK OF THE RUSSIAN FEDERATION

of September 29, 2016 No. 174-I

About procedure for assignment of the status of the central partner by the Bank of Russia

This Instruction based on articles 27 and 27.2 of the Federal Law of February 7, 2011 No. 7-FZ "About clearing, clearing activities and the central partner" (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; 2015, No. 27, Art. 4001; No. 29, Art. 4357; 2016, No. 1, of the Art. 23, of the Art. 47) (further - the Federal Law No. 7-FZ), article 7 of the Federal Law of December 29, 2015 No. 403-FZ "About modification of separate legal acts of the Russian Federation" (The Russian Federation Code, 2016, No. 1, the Art. 23) (further - the Federal Law No. 403-FZ) establishes procedure for assignment of the status of the central partner by the Bank of Russia along with licensing for banking operations and licenses for implementation of clearing activities, procedure for representation by the credit institutions with the status of bank performing functions of the central partner about day of entry into force of the Federal Law No. 403-FZ, documents in the Bank of Russia for continuation of implementation of functions of the central partner, procedure for representation by legal entities not being credit institutions and performing functions of the central partner about day of entry into force of the Federal Law No. 403-FZ, documents in the Bank of Russia for continuation of implementation of functions of the central partner, order of registration by the Bank of Russia of the documents specified in parts 1 and 1.1 of article 27 of the Federal Law No. 7-FZ.

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