INSTRUCTION OF CENTRAL BANK OF THE RUSSIAN FEDERATION

of July 12, 2017 No. 4465-U

About procedure for adoption by the Bank of Russia of the decision on reduction of the size of the authorized capital of bank up to the size of own means (capital) or to one ruble during activities of temporary administration for management of the credit institution appointed according to the plan of participation of the Bank of Russia in implementation of measures for the prevention of bankruptcy of bank

This Instruction based on Item 3 of article 189.50 of the Federal Law of October 26, 2002 No. 127-FZ "About insolvency (bankruptcy)" (The Russian Federation Code, 2002, No. 43, Art. 4190; 2004, No. 35, Art. 3607; 2005, No. 1, Art. 18, Art. 46; No. 44, Art. 4471; 2006, No. 30, Art. 3292; No. 52, Art. 5497; 2007, No. 7, Art. 834; No. 18, Art. 2117; No. 30, Art. 3754; No. 41, Art. 4845; No. 49, Art. 6079; 2008, No. 30, Art. 3616; No. 49, Art. 5748; 2009, No. 1, Art. 4, Art. 14; No. 18, Art. 2153; No. 29, Art. 3632; No. 51, Art. 6160; No. 52, Art. 6450; 2010, No. 17, Art. 1988; No. 31, Art. 4188, Art. 4196; 2011, No. 1, Art. 41; No. 7, Art. 905; No. 19, Art. 2708; No. 27, Art. 3880; No. 29, Art. 4301; No. 30, Art. 4576; No. 48, Art. 6728; No. 49, Art. 7015, Art. 7024, Art. 7040, Art. 7061, Art. 7068; No. 50, Art. 7351, Art. 7357; 2012, No. 31, Art. 4333; No. 53, Art. 7607, Art. 7619; 2013, No. 23, Art. 2871; No. 26, Art. 3207; No. 27, Art. 3477, Art. 3481; No. 30, Art. 4084; No. 51, Art. 6699; No. 52, Art. 6975, Art. 6984; 2014, No. 11, Art. 1095, Art. 1098; No. 30, Art. 4217; No. 49, Art. 6914; No. 52, Art. 7543; 2015, No. 1, Art. 10, Art. 11, Art. 29, Art. 35; No. 27, Art. 3945, Art. 3958, Art. 3967, Art. 3977; No. 29, Art. 4350, Art. 4355, Art. 4362; 2016, No. 1, Art. 11, Art. 27, Art. 29; No. 23, Art. 3296; No. 26, Art. 3891; No. 27, Art. 4225, Art. 4237, Art. 4293, Art. 4305; 2017, No. 1, Art. 29; No. 18, Art. 2661; No. 25, of the Art. 3596) (further - the Federal Law "About Insolvency (Bankruptcy)") establishes procedure for adoption by the Bank of Russia of the decision on reduction of the size of the authorized capital of bank up to the size of own means (capital) or to one ruble during activities of temporary administration for management of the credit institution appointed according to the plan of participation of the Bank of Russia in implementation of measures for the prevention of bankruptcy of bank.

1. If by the Bank of Russia during activities of temporary administration for management of the credit institution appointed according to the plan of participation of the Bank of Russia in implementation of measures for the prevention of bankruptcy of bank approved by the Board of directors of the Bank of Russia according to Item 2 of article 189.49 of the Federal law "About Insolvency (Bankruptcy)" it is determined that the size of own means (capital) of bank appeared lower than the size of the authorized capital of the bank determined by the registered statutory documents of bank (further - the authorized capital), the Bank of Russia has the right to make the decision on reduction of the size of the authorized capital of bank up to the size of own means (capital) and if this size has negative value - to one ruble.

2. The department of financial improvement of the Bank of Russia in case of receipt of information from temporary administration on management of credit institution about factual determination of decrease in size of own means (capital) of bank lower than the size of its authorized capital performs preparation of the petition for decision making about reduction of the size of the authorized capital of bank up to the size of own means (capital) or the petition for decision making for reduction of the size of the authorized capital of bank to one ruble (further - the petition), the draft decision of Committee of banking supervision of the Bank of Russia and the draft of the order of the Bank of Russia on reduction of the size of the authorized capital of bank up to the size of own means (capital) or to one ruble and directs them addressed to the Chairman of Committee of banking supervision of the Bank of Russia (person, it replacing).

The structural division exercising supervision of activities of bank and the Main inspection of the Bank of Russia, the sizes of own means (capital) of bank having information on decrease is lower than the size of its authorized capital, send the available information electronically with appendix of supporting documents to Department of financial improvement of the Bank of Russia within three working days from the date of receipt of such information.

The department of financial improvement of the Bank of Russia for the purpose of preparation of the petition has the right to request in writing opinion and (or) the available information from structural divisions of the Bank of Russia, including data on all incomplete procedures connected with change of the size of the authorized capital of bank.

paragraphs the fourth - the sixth voided

Required opinion and information are subject to submission to the Department of financial improvement of the Bank of Russia in time established in the specified request.

3. The petition shall contain:

general information (full trade name and the reduced trade name (in the presence) bank, the registration number assigned by the Bank of Russia, registration date, the bank location, form of business of bank);

information on financial position of bank;

data on the size of the authorized capital of bank for date of the direction of the petition;

paragraph fifth ceased to be valid

information on finding of bank in the form of joint-stock company on any of stages of the procedure of share issue (bank in the form of limited liability company - at any stage of increase in the authorized capital).

Shall be applied to the petition:

the reporting under form 0409123 "Calculation of own means (capital) ("Basel III")", established by the Instruction of the Bank of Russia of October 8, 2018 No. 4927-U "About the list, forms and procedure for creation and representation of forms of the reporting of credit institutions in the Central bank of the Russian Federation", the registered Ministry of Justice of the Russian Federation on December 13, 2018 No. 52992, on December 13, 2019 No. 56796, on June 18, 2020 No. 58705, on September 30, 2020 No. 60147, on March 26, 2021 No. 62892, on April 15, 2021 No. 63150, provided by temporary administration on management of credit institution as of date of decrease in size of own means (capital) of bank is lower than the size of authorized capital of bank;

the copy of the report of bank representatives of Russia and the bank representatives of Russia representatives of "Managing Company of Fund of Consolidation of Banking Sector" limited liability company acting as a part of group (further - Managing company) about analysis results of financial position of the bank which is carried out according to article 189.47-1 of the Federal law "About Insolvency (Bankruptcy)" (in case of its completion);

copies of other documents having essential value for decision making according to the petition.

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