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Ministry of Justice

Russian Federation

On July 21, 2017 No. 47493

INSTRUCTION OF CENTRAL BANK OF THE RUSSIAN FEDERATION

of June 21, 2017 No. 4426-U

About procedure for appointment of the authorized representative of the Bank of Russia in the central partner, implementation and the termination of the activities by it, and also about procedure for submission by the central partner of information and documents on activities of the central partner to the authorized representative of the Bank of Russia

This Instruction according to part 4.2 of article 25 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, the Art. 47) (further - the Federal Law "About Clearing, Clearing Activities and the Central Partner") establishes procedure for appointment of the authorized representative of the Bank of Russia in the central partner, implementation and the termination of the activities by it, and also procedure for submission by the central partner of information and documents on activities of the central partner to the authorized representative of the Bank of Russia.

Chapter 1. Procedure for appointment of the authorized representative of the Bank of Russia in the central partner and the terminations of the activities by it

1.1. The authorized representative of the Bank of Russia in the central partner (further - the authorized representative of the Bank of Russia) is appointed for implementation of the activities by it solely or as a part of group of authorized representatives of the Bank of Russia based on the decision on appointment of the authorized representative of the Bank of Russia or the decision on appointment of group of authorized representatives of the Bank of Russia made by Committee of financial supervision of the Bank of Russia respectively.

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