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Ministry of Justice

Russian Federation

On November 6, 2020 No. 60784

INSTRUCTION OF CENTRAL BANK OF THE RUSSIAN FEDERATION

of October 5, 2020 No. 5586-U

About modification of the Provision of the Bank of Russia of October 2, 2017 No. 605-P "About procedure for reflection on accounts of financial accounting by credit institutions of transactions on placement of money on credit agreements, the transactions connected with implementation of transactions on acquisition of right of the requirement from the third parties of obligation fulfillment in cash, transactions according to obligations according to the issued bank guarantees and provision of money"

Based on article 57 of the Federal Law of July 10, 2002 No. 86-FZ "About the Central bank the Russian Federation (Bank of Russia)" (The Russian Federation Code, 2002, No. 28, Art. 2790; 2020, No. 31, the Art. 5018), parts 6 of article 21 of the Federal Law of December 6, 2011 No. 402-FZ "About financial accounting" (The Russian Federation Code, 2011, No. 50, Art. 7344; 2019, No. 30, the Art. 4149) and solutions of the Board of directors of the Bank of Russia (the minutes of the Board of directors of the Bank of Russia of September 29, 2020 No. PSD-22):

1. Bring in the Provision of the Bank of Russia of October 2, 2017 No. 605-P "About procedure for reflection on accounts of financial accounting by credit institutions of transactions on placement of money on credit agreements, the transactions connected with implementation of transactions on acquisition of right of the requirement from the third parties of obligation fulfillment in cash, transactions according to obligations according to the issued bank guarantees and provision of money", registered by the Ministry of Justice of the Russian Federation on December 11, 2017 No. 49198, on July 18, 2018 No. 51623, on January 16, 2019 No. 53375, the following changes.

1.1. Item 1.4 in paragraph one "asset -" to replace the word with the word of "asset".

1.2. Item 1.5 in paragraph one "means -" to replace the word with the word of "means".

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