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RESOLUTION OF THE MINISTRY OF FINANCE OF THE REPUBLIC OF BELARUS

of April 5, 2016 No. 20

About establishment of requirements of financial sufficiency and qualification requirements

(as amended on 29-08-2025)

Based on paragraphs of the tenth, eleventh, twenty fourth of part one of Article 8 and the paragraph of the fourteenth of part one of article 53-1 of the Law of the Republic of Belarus of January 5, 2015 No. 231-Z "About the security market", paragraphs of third and eighth Item 1 of article 5 of the Law of the Republic of Belarus of July 17, 2017 No. 52-Z "About investment funds", Item 5 of the Regulations on financing of the commercial organizations under concession of the rights (requirements) at the expense of the funds raised by bond emission or with the subsequent bond emission, No. approved by the Presidential decree of the Republic of Belarus of May 11, 2017 154, of Item 10 of the Regulations on the Ministry of Finance of the Republic of Belarus approved by the resolution of Council of Ministers of the Republic of Belarus of October 31, 2001 No. 1585, the Ministry of Finance of the Republic of Belarus DECIDES:

1. Establish the following requirements of financial sufficiency to professional participants of the security market (except for professional participants of the security market, being banks, the non-bank credit and financial organizations, and "Development Bank of the Republic of Belarus" open joint stock company):

1.1. the minimum size of equity (net assets) of the professional participant of the security market shall correspond to the amount equivalent:

3 thousand basic sizes, – for the professional participants of the security market performing dealer activities;

3 thousand basic sizes, – for the professional participants of the security market performing broker activities;

10 thousand basic sizes, – for the professional participants of the security market performing activities for trust management of securities;

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