INSTRUCTION OF CENTRAL BANK OF THE RUSSIAN FEDERATION

of December 27, 2012 No. 2955-U

About modification of the Provision of the Bank of Russia of July 4, 2006 No. 290-p "About procedure for issue by the Bank of Russia to credit institutions of the permissions giving opportunity to have the affiliated organizations in the territory of foreign state"

1. According to the solution of the Board of directors of the Bank of Russia (N 26) to introduce the minutes of the Board of directors of the Bank of Russia of December 21, 2012 in the Provision of the Bank of Russia of July 4, 2006 N 290-P "About procedure for issue by the Bank of Russia to credit institutions of the permissions giving opportunity to have in the territory of foreign state the affiliated organizations", registered by the Ministry of Justice of the Russian Federation on August 11, 2006 N 8144, on June 24, 2008 N 11869, on August 31, 2009 N 14649 ("the Bulletin of the Bank of Russia" of August 23, 2006 N 47, of July 2, 2008 N 35, of September 16, 2009 N 54), the following changes.

1.1. Add Chapter 1 with Item 1.4 of the following content:

"1.4. In case of acquisition of the status of the main society by credit institution concerning the operating nonresident organization having at the time of acquisition the affiliated nonresident organizations, the Bank of Russia issues to credit institution Permission with indication of in it its affiliated nonresident organizations in which as a result of such acquisition the credit institution indirectly (through the specified operating nonresident organization) will have opportunity to determine the decisions made by their governing bodies.".

1.2. To state the subitem "v" of Item 3.1 in the following edition:

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