INSTRUCTION OF CENTRAL BANK OF THE RUSSIAN FEDERATION

of November 27, 2017 No. 4618-U

About technique of determination of share of banking activity in activities of bank holding

This Instruction based on article 4 of the Federal law "About Banks and Banking Activity" (in edition of the Federal Law of February 3, 1996 No. 17-FZ) (Sheets of the Congress of People's Deputies of RSFSR and the Supreme Council of RSFSR, 1990, No. 27, Art. 357; Russian Federation Code, 1996, No. 6, Art. 492; 1998, No. 31, Art. 3829; 1999, No. 28, Art. 3459, Art. 3469; 2001, No. 26, Art. 2586; No. 33, Art. 3424; 2002, No. 12, Art. 1093; 2003, No. 27, Art. 2700; No. 50, Art. 4855; No. 52, Art. 5033, Art. 5037; 2004, No. 27, Art. 2711; No. 31, Art. 3233; 2005, No. 1, Art. 18, Art. 45; No. 30, Art. 3117; 2006, No. 6, Art. 636; No. 19, Art. 2061; No. 31, Art. 3439; No. 52, Art. 5497; 2007, No. 1, Art. 9; No. 22, Art. 2563; No. 31, Art. 4011; No. 41, Art. 4845; No. 45, Art. 5425; No. 50, Art. 6238; 2008, No. 10, Art. 895; 2009, No. 1, Art. 23; No. 9, Art. 1043; No. 18, Art. 2153; No. 23, Art. 2776; No. 30, Art. 3739; No. 48, Art. 5731; No. 52, Art. 6428; 2010, No. 8, Art. 775; No. 27, Art. 3432; No. 30, Art. 4012; No. 31, Art. 4193; No. 47, Art. 6028; 2011, No. 7, Art. 905; No. 27, Art. 3873, Art. 3880; No. 29, Art. 4291; No. 48, Art. 6730; No. 49, Art. 7069; No. 50, Art. 7351; 2012, No. 27, Art. 3588; No. 31, Art. 4333; No. 50, Art. 6954; No. 53, Art. 7605, Art. 7607; 2013, No. 11, Art. 1076; No. 19, Art. 2317, Art. 2329; No. 26, Art. 3207; No. 27, Art. 3438, Art. 3477; No. 30, Art. 4084; No. 40, Art. 5036; No. 49, Art. 6336; No. 51, Art. 6683, Art. 6699; 2014, No. 6, Art. 563; No. 19, Art. 2311; No. 26, Art. 3379, Art. 3395; No. 30, Art. 4219; No. 40, Art. 5317, Art. 5320; No. 45, Art. 6144, Art. 6154; No. 49, Art. 6912; No. 52, Art. 7543; 2015, No. 1, Art. 37; No. 17, Art. 2473; No. 27, Art. 3947, Art. 3950; No. 29, Art. 4355, Art. 4357, Art. 4385; No. 51, Art. 7243; 2016, No. 1, Art. 23; No. 15, Art. 2050; No. 26, Art. 3860; No. 27, Art. 4294, Art. 4295; 2017, No. 14, Art. 2000; No. 18, Art. 2661, Art. 2669; No. 25, Art. 3596; No. 30, Art. 4456; No. 31, of the Art. 4754) establishes technique of determination of share of banking activity in activities of bank holding for reference of the consolidation of legal entities including at least one credit institution to bank holding.

1. The share of banking activity in activities of bank holding is determined by parent organization of bank holding as the relation of size of assets and (or) the income of credit institutions - members of bank holding and cumulative size of assets and (or) the income of bank holding.

2. The size of assets of credit institutions - members of bank holding is determined by parent organization of bank holding as the total size of assets of all credit institutions - members of bank holding, except for assets, the resulted transactions (transactions) performed between the specified credit institutions. Assets of credit institution - the member of bank holding are determined by the parent organization of bank holding based on the data containing in form of the reporting 0409806 "The balance sheet (the published form)" established by the Instruction of the Bank of Russia of April 10, 2023 No. 6406-U "About forms, terms, procedure for creation and submission of the reporting of credit institutions (banking groups) to the Central bank of the Russian Federation, and also of the list of information on activities of credit institutions (banking groups)" (it is registered by the Ministry of Justice of the Russian Federation on August 16, 2023, registration No. 74823) (further - the Instruction of the Bank of Russia No. 6406-U), credit institution - the member of bank holding.

The cumulative size of assets of bank holding is determined by parent organization of bank holding as the total size of assets of all members of bank holding, except for assets, the resulted transactions (transactions) performed between parent organization (managing company) of bank holding and members of bank holding and also between members of bank holding. For the purpose of determination of cumulative size of assets of bank holding assets of all members of bank holding are determined:

for parent organization (managing company) of bank holding, not credit institutions - members of bank holding (except for insurance companies, non-state pension funds) based on the data containing in the reporting form 0710001 "Balance sheets" established by the order of the Ministry of Finance of the Russian Federation of July 2, 2010 No. 66n "About forms of accounting records of the organizations", the registered Ministry of Justice of the Russian Federation on August 2, 2010 No. 18023, on December 13, 2011 No. 22599, on October 4, 2012 No. 25592, on December 29, 2012 No. 26501, on April 30, 2015 No. 37103 (further - the order of the Ministry of Finance of the Russian Federation No. 66n), in the form of the reporting 0420002 "The balance sheet of not credit financial credit institution", established by the Provision of the Bank of Russia of February 3, 2016 No. 532-P "Industry standard of the financial accounting "Procedure for Creation of Accounting (Financial) Records of Professional Participants of the Security Market, Joint-stock Investment Funds, Organizers of Trade, Central Partners, Clearing Organizations, Specialized Depositaries of Investment Fund, Mutual Investment Fund and Non-state Pension Fund, Managing Companies of Investment Fund, Mutual Investment Fund and Non-state Pension Fund, Bureau of Credit Histories, Credit Rating Agencies, Insurance Brokers", the registered Ministry of Justice of the Russian Federation on March 2, 2016 No. 41299, on December 15, 2016 No. 44749, on September 28, 2017 No. 48350 (further - the Provision of the Bank of Russia No. 532-P);

for parent organization of bank holding, not credit institutions - members of bank holding, being insurance companies, based on the data containing in form of the reporting 0420125 "The balance sheet of the insurance company" established by the Provision of the Bank of Russia of December 28, 2015 No. 526-P "Industry standard of the financial accounting "Procedure for Creation of Accounting (Financial) Records of Insurance Companies and Societies of Mutual Insurance", the registered Ministry of Justice of the Russian Federation on January 28, 2016 No. 40869, on December 15, 2016 No. 44748, on July 27, 2017 No. 47550, on September 7, 2017 No. 48108 (further - the Provision of the Bank of Russia No. 526-P);

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