ORDER OF THE MINISTRY OF FINANCE OF THE RUSSIAN FEDERATION

of October 29, 2012 No. 140n

About modification of the Procedure for placement by insurers of means of insurance reserves approved by the order of the Ministry of Finance of the Russian Federation of July 2, 2012 of N 100 N

Based on item 4 of Article 25, item 4 of article 26 of the Law of the Russian Federation of November 27, 1992 N 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, N 2, Art. 56; Russian Federation Code, 1998, N 1, Art. 4; 1999, N 47, Art. 5622; 2003, N 50, Art. 4858; 2005, N 10, Art. 760; 2007, N 49, Art. 6048; 2010, N 17, Art. 1988; N 49, of Art. 6409; 2011, N 49, the Art. 7040), article 20 of the Federal Law of November 29, 2007 N 286-FZ "About mutual insurance" (The Russian Federation Code, 2007, N 49, the Art. 6047) and according to the Regulations on the Ministry of Finance of the Russian Federation approved by the order of the Government of the Russian Federation of June 30, 2004 N 329 (The Russian Federation Code, 2004, N 31, Art. 3258; N 49, of Art. 4908; 2005, N 23, Art. 2270; N 52, of Art. 5755; 2006, N 32, Art. 3569; N 47, of Art. 4900; 2007, N 23, Art. 2801; N 45, of Art. 5491; 2008, N 5, Art. 411; N 46, of Art. 5337; 2009, N 3, Art. 378; N 6, of Art. 738; N 8, of Art. 973; N 11, of Art. 1312; N 26, of Art. 3212; N 31, of Art. 3954; 2010, N 5, Art. 531; N 9, of Art. 967; N 11, of Art. 1224; N 26, of Art. 3350; N 38, of Art. 4844; 2011, N 1, Art. 238; N 3, of Art. 544; N 4, of Art. 609; N 10, of Art. 1415; N 12, of Art. 1639; N 14, of Art. 1935; N 36, of Art. 5148; N 43, of Art. 6076; N 46, of Art. 6522; 2012, N 20, Art. 2562; To N 25, of the Art. 3373), I order:

approve the enclosed changes in the Procedure for placement by insurers of means of insurance reserves approved by the order of the Ministry of Finance of the Russian Federation of July 2, 2012 of N 100 N (it is registered by the Ministry of Justice of the Russian Federation on August 3, 2012, registration N 25102; Russian newspaper, 2012, on August 17).

Changes in the Procedure for placement by insurers of means of insurance reserves

1. According to the procedure of placement by insurers of means of insurance reserves, approved by the order of the Ministry of Finance of the Russian Federation of July 2, 2012 of N 100 N (it is registered by the Ministry of Justice of the Russian Federation on August 3, 2012, registration N 25102; The Russian newspaper, 2012, on August 17) (further - the Procedure):

1) in Item 7:

a) in subitem 1:

third to state the paragraph in the following edition:

"-score of one of the rating agencies accredited by the Ministry of Finance of the Russian Federation and entered in the register of accredited rating agencies is assigned to the issuer (release) of security (further - accredited rating agencies), it is not lower than the level, this Procedure specified in Item 111;";

to state the paragraph of the sixth in the following edition:

"-score of one of accredited rating agencies not lower than the level specified in Item 111 of this Procedure is assigned to the issuer (release) of security;";

b) third subitem 5 to state the paragraph in the following edition:

"-the drawer has the rating of one of accredited rating agencies not lower than the level specified in Item 111 of this Procedure;";

c) in subitem 8:

in paragraph three of the word "also have rating not below the category (class) corresponding to the level of satisfactory creditworthness (financial reliability), one of accredited rating agencies" shall be replaced with words "and have the rating of one of accredited rating agencies not lower than the level specified in Item 111 of this Procedure";

in paragraph four of the word "satisfy to the specified restrictions for rating class" shall be replaced with words "be not lower than the level specified in Item 111 of this Procedure";

The second Item 8 of the word "not lower than the category (class) corresponding to the level of satisfactory creditworthness (financial reliability), one of accredited rating agencies" shall be replaced with words 2) in the paragraph "it is not lower than the level of one of accredited rating agencies, this Procedure specified in Item 111";

To add 3) with Item 111 of the following content:

"111. In case of assessment of conformity of assets to requirements of this Procedure regarding availability at bank, the drawer, the overcautious person, the trustee, the issuer or issue of securities of rating of one of accredited rating agencies, the level of such rating shall be not lower:

the In — level on rating scale of Standard & Poor's rating agency (Standard & Poor s);

the In — level on rating scale of Fitch Ratings rating agency;

the B3 level on rating scale of rating agency Moody s Investors Service;

the Baa3.ru level on rating scale of "INTERFAX MUDIS RATING AGENCY" private company;

the And — level on rating scale of National Rating Agency limited liability company;

level "A" on rating scale of "Analysis, Consultations and Marketing" Rating agency private company;

the VV-level on rating scale of Rus-Reyting private company;

level "A" on rating scale of Expert RA Rating Agency. private company.

2. In the table "Structural Ratios of Assets and Insurance Reserves" in appendix to the Procedure:

Shall be replaced with words 1) in line 4 of column 2 of the word "not lower than the category (class) corresponding to the level of satisfactory creditworthness (financial reliability), one of accredited rating agencies" "it is not lower than the level of one of accredited rating agencies, the Procedure for placement by insurers of means of insurance reserves specified in Item 111 (further - the Procedure)";

Shall be replaced with words 2) in line 5 of column 2 of the word "not having rating, the category (class) corresponding to the level of satisfactory creditworthness (financial reliability), one of accredited rating agencies" "one of accredited rating agencies which does not have rating or having rating is lower than the level specified in Procedure Item 111";

Shall be replaced with words 3) in line 15 of column 2 of the word "which has rating below the category (class) corresponding to the level of satisfactory creditworthness (financial reliability) of one of accredited rating agencies or has no rating" "not having rating of one of accredited rating agencies or having rating is lower than the level specified in Procedure Item 111";

Shall be replaced with words 4) in line 22 of column 2 of the word "not lower than the category (class) corresponding to the level of satisfactory creditworthness (financial reliability), one of accredited rating agencies" "it is not lower than the level of one of accredited rating agencies, the Procedure specified in Item 111";

Shall be replaced with words 5) in line 23 of column 2 of the word "and not having rating, the category (class) corresponding to the level of satisfactory creditworthness (financial reliability), one of accredited rating agencies" "and not having rating of one of accredited rating agencies or having rating is lower than the level specified in Procedure Item 111".

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