RESOLUTION OF BOARD OF NATIONAL BANK OF THE REPUBLIC OF BELARUS

of March 5, 2025 No. 59

About change of the resolution of Board of National Bank of the Republic of Belarus of December 30, 2015 No. 781

Based on the paragraph of the sixty second of Article 26 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 the resolution of Board of National Bank of the Republic of Belarus of December 30, 2015 No. 781 "About approval of the Instruction about procedure for forming of the fund of required reserves placed in National Bank" the following changes:

in preamble the word of "sixtieth" shall be replaced with words "sixty second";

in the Instruction about procedure for forming of the fund of required reserves placed in National Bank approved by this resolution:

add Item 3 with parts of the following content:

"The term "conditional number of the participant" is used in the value determined by the paragraph the eighth parts one of Item 2 of the Instruction on procedure for assignment of bank identification codes and business identification codes and maintaining the reference book of bank identification codes and business identification codes approved by the resolution of Board of National Bank of the Republic of Belarus of August 7, 2015 No. 472.

The term "central partner" is used in the value determined by the paragraph the fifteenth Item 2 of the Instruction on conditions and procedure of the clearing activities approved by the resolution of the Ministry of Finance of the Republic of Belarus of May 23, 2016 No. 33.

The terms "electronic copy of the paper document", "electronic document" are used in the values determined respectively by paragraphs the fourteenth, sixteenth article 1 of the Law of the Republic of Belarus of December 28, 2009 No. 113-Z "About the electronic document and the digital signature".";

add Item 5 with paragraphs of the following content:

"the list of legal entities whose means are not included banks of the raised funds for calculation of base of reservation;

reference book of general codes of exceptions of calculation of reserve requirements;

information technology of representation of calculation of reserve requirements by banks.";

state Item 6 in the following edition:

"6. The raised funds for calculation of base of reservation passive remaining balance on the balance sheet accounts specified in appendix 1 according to the Chart of accounts of financial accounting in banks and the non-bank credit and financial organizations, "Development Bank of the Republic of Belarus" open joint stock company established according to appendix 1 to the resolution of Board of National Bank of the Republic of Belarus of August 29, 2013 No. 506 "About establishment of the Chart of accounts of financial accounting in banks and the non-bank credit and financial organizations, "Development Bank of the Republic of Belarus" open joint stock company and approval of the Instruction about procedure for application of the Chart of accounts of financial accounting in banks and the non-bank credit and financial organizations, "Development Bank of the Republic of Belarus" open joint stock company taking into account the following features is included:

6.1. the raised funds passive remaining balance on balance sheet accounts of class 1 "Money, precious metals, gemstones and interbank transactions", except for the balance sheet accounts 1743 "The Means Received from the Specialized Financial Organizations for Repo Operations", 1744 "The means received from resident banks on repo operations" regarding the funds raised from is included:

non-bank credit and financial organizations;

banks – trustees funds of bank management;

banks and the non-bank credit and financial organizations – trustees;

6.2. the raised funds passive remaining balance on the balance sheet accounts 1743 "The Means Received from the Specialized Financial Organizations for Repo Operations", 1744 "The means received from resident banks on repo operations" regarding the funds raised according to transactions is included:

with the banks and the specialized financial organizations acting as brokers for:

clients – legal entities (including the non-bank credit and financial organizations, banks – trustees funds of bank management, banks and the non-bank credit and financial organizations – trustees), except for banks and the specialized financial organizations;

clients – physical persons;

with the central partner provided that security purchase by the first part of repo is made according to the request of participating bank of the biddings for the account (in interests):

clients – legal entities (including the non-bank credit and financial organizations, banks – trustees funds of bank management, banks and the non-bank credit and financial organizations – trustees), except for banks and the specialized financial organizations;

clients – physical persons;

6.3. action of subitems 6.1 and 6.2 of this Item extends to means of the non-bank credit and financial organizations, banks – trustees funds of bank management, banks and the non-bank credit and financial organizations – trustees before date of introduction:

the legal entities specified in paragraph one of this subitem in the list of legal entities whose means are not included banks of the raised funds for calculation of base of reservation;

the non-bank credit and financial organizations in the list of the banks creating fund of required reserves, except for means of the non-bank credit and financial organizations – trustees;

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