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The document ceased to be valid since  March 24, 2024 according to item 4 of the Resolution of Board of National Bank of the Republic of Belarus of February 21, 2024 No. 62

RESOLUTION OF BOARD OF NATIONAL BANK OF THE REPUBLIC OF BELARUS

of April 27, 2018 No. 196

About modification and amendments in the Resolution of Board of National Bank of the Republic of Belarus of October 29, 2012 No. 550

Based on the paragraph of third of part four of Article 34 and part one of article 39 of the Bank code of the Republic of Belarus the Board of National Bank of the Republic of Belarus DECIDES:

1. Bring in Item 11 of the Instruction on the organization of the risk management system in banks, "Development Bank of the Republic of Belarus" open joint stock company, the non-bank credit and financial organizations, banking groups and bank holdings approved by the resolution of Board of National Bank of the Republic of Belarus of October 29, 2012 No. 550 (The national legal Internet portal of the Republic of Belarus, 08.12. 2012, 8/26605; 19:10. 2013, 8/27973), the following changes and amendments:

the second offer of part two to state in the following edition: "One of main types of operational risk are also the legal risk and cyber-risk which including can arise in combination with other types of operational risk.";

add Item with parts five and the sixth the following content:

"Cyber-risk - risk of origin at bank of losses (losses) and (or) additional costs owing to illegal actions of third parties concerning the computer and information systems or networks, communication systems, information resources and flows of bank made by means of information and telecommunication technologies.

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