INSTRUCTION OF CENTRAL BANK OF THE RUSSIAN FEDERATION

of November 23, 2017 No. 4617-U

About the list of the documents confirming fulfillment of requirements to the authorized capital of the insurer, and the list of the documents confirming sources of origin of the money deposited by founders of the license applicant on implementation of insurance and (or) on reinsurance implementation - physical persons in the authorized capital

This Instruction based on Item 3.1 of Article 25 and the subitem 10 of Item 3 of article 32 of the Law of the Russian Federation of November 27, 1992 No. 4015-I "About the organization of insurance case in the Russian Federation" (Sheets of the Congress of People's Deputies of the Russian Federation and the Supreme Council of the Russian Federation, 1993, No. 2, Art. 56; Russian Federation Code, 1998, No. 1, Art. 4; 1999, No. 47, Art. 5622; 2002, No. 12, Art. 1093; No. 18, Art. 1721; 2003, No. 50, Art. 4855, Art. 4858; 2004, No. 30, Art. 3085; 2005, No. 10, Art. 760; No. 30, Art. 3101, Art. 3115; 2007, No. 22, Art. 2563; No. 46, Art. 5552; No. 49, Art. 6048; 2009, No. 44, Art. 5172; 2010, No. 17, Art. 1988; No. 31, Art. 4195; No. 49, Art. 6409; 2011, No. 30, Art. 4584; No. 49, Art. 7040; 2012, No. 53, Art. 7592; 2013, No. 26, Art. 3207; No. 30, Art. 4067; No. 52, Art. 6975; 2014, No. 23, Art. 2934; No. 30, Art. 4224; No. 45, Art. 6154; 2015, No. 10, Art. 1409; No. 27, Art. 3946, Art. 4001; No. 29, Art. 4357, Art. 4385; No. 48, Art. 6715; 2016, №1, of Art. 52; No. 22, Art. 3094; No. 26, Art. 3863, Art. 3891; No. 27, Art. 4225; No. 27, Art. 4294, Art. 4296; 2017, No. 31, the Art. 4754) establishes the list of the documents confirming fulfillment of requirements to the authorized capital of the insurer, and the list of documents, confirming sources of origin of the money deposited by founders of the license applicant on implementation of insurance and (or) on reinsurance implementation - physical persons (further - physical persons) in the authorized capital.

Chapter 1. The list of the documents confirming fulfillment of requirements to the authorized capital of the insurer

1.1. For the purpose of confirmation of fulfillment of requirements to the authorized capital of the insurer, including in case of submission of documents for receipt of the license for implementation of insurance and (or) on reinsurance implementation, insurers (license applicants) to the Bank of Russia submit the following documents.

1.1.1. The complete list of founders (shareholders, participants) constituted for date of complete payment of the authorized capital (the recommended sample is given in appendix to this Instruction).

1.1.2. Data on observance by the insurer of procedure and conditions of investment of own means (capital) established by the Instruction of the Bank of Russia of February 22, 2017 No. 4298-U "About procedure for investment of own means (capital) for the insurer and the list of the assets permitted for investment", the registered Ministry of Justice of the Russian Federation on May 10, 2017 No. 46648, on July 11, 2017 No. 47363, constituted for the date which is directly preceding date of submission of documents in form of the Section 3 "Structural Ratios of Asset Cost, Means of Insurance Reserves and Own Means (Capital)" of form 0420154 "Report on structure and the structure of assets" established by the Instruction of the Bank of Russia of April 21, 2017 No. 4356-U "About forms, terms and procedure for creation and submission of the reporting by insurance companies and societies of mutual insurance to the Central bank of the Russian Federation" the registered Ministry of Justice of the Russian Federation on July 5, 2017 No. 47293.

Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info