INSTRUCTION OF CENTRAL BANK OF THE RUSSIAN FEDERATION

of December 3, 2012 No. 2919-U

About quality evaluation of management of the credit institution performing functions of the central partner

This Instruction based on Articles 62, 72 Federal Laws 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; 2003, No. 2, Art. 157; No. 52, Art. 5032; 2004, No. 27, Art. 2711; No. 31, Art. 3233; 2005, No. 25, Art. 2426; No. 30, Art. 3101; 2006, No. 19, Art. 2061; No. 25, Art. 2648; 2007, No. 1, Art. 9, Art. 10; No. 10, Art. 1151; No. 18, Art. 2117; 2008, No. 42, Art. 4696, Art. 4699; No. 44, Art. 4982; No. 52, Art. 6229, Art. 6231; 2009, No. 1, Art. 25; No. 29, Art. 3629; No. 48, Art. 5731; 2010, No. 45, Art. 5756; 2011, No. 7, Art. 907; No. 27, Art. 3873; No. 43, Art. 5973; No. 48, Art. 6728; 2012, No. 50, Art. 6954; No. 53, Art. 7591, Art. 7607; 2013, No. 11, Art. 1076; No. 14, Art. 1649; No. 19, Art. 2329; No. 27, Art. 3438, Art. 3476, Art. 3477; No. 30, Art. 4084; No. 49, Art. 6336; No. 51, Art. 6695, Art. 6699; No. 52, Art. 6975; 2014, No. 19, Art. 2311, Art. 2317; No. 27, Art. 3634; No. 30, Art. 4219; No. 45, Art. 6154; No. 52, Art. 7543; 2015, No. 1, the Art. 4, the Art. 37) (further - the Federal Law "About the Central Bank Russian Federation (Bank of Russia)"), 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. 6728, 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, the Art. 37) (further - the Federal Law "About Banks and Banking Activity"), the Federal Law of February 7, 2011 No. 7-FZ "About clearing and clearing activities" (The Russian Federation Code, 2011, No. 7, Art. 904; No. 48, Art. 6728; No. 49, Art. 7040, Art. 7061; 2012, No. 53, Art. 7607; 2013, No. 30, Art. 4084; 2014, No. 11, the Art. 1098) (further - the Federal Law "About Clearing and Clearing Activities") establishes evaluation procedure of quality of management of the credit institution performing functions of the central partner (further - the Central Committee), based on the petition of the Central Committee for recognition of quality of management satisfactory for the purpose of application by credit institutions - participants of clearing concerning their requirements to the Central Committee which quality of management acknowledged satisfactory, the approaches provided by the Instruction of the Bank of Russia of December 3, 2012 No. 139-I "About obligatory standard rates of banks" registered by the Ministry of Justice of the Russian Federation on December 13, 2012 No. 26104, on November 29, 2013 No. 30498, on June 18, 2014 No. 32735, on October 20, 2014 No. 34362, on December 11, 2014 No. 35134, on December 24, 2014 No. 35372, on December 29, 2014 No. 35453, on February 20, 2015 No. 36180 ("the Bulletin of the Bank of Russia" of December 21, 2012 No. 74, of November 30, 2013 No. 69, of July 9, 2014 No. 63, of October 23, 2014 No. 99, of December 22, 2014 No. 112, of December 31, 2014 No. 117 - 118, of March 4, 2015 No. 17) (further - the Instruction of the Bank of Russia No. 139-I).

1. The Central Committee sends to the Bank of Russia the petition for recognition of quality of management of the Central Committee satisfactory (further - the petition of the Central Committee) on appendix form 2 to this Instruction. Results of the internal quality evaluation of management of the Central Committee performed based on the technique given in appendix 1 to this Instruction are applied to the petition of the Central Committee.

2. For recognition of quality of management of the Central Committee satisfactory the Bank of Russia performs quality evaluation of management of the Central Committee according to the technique given in appendix 1 to this Instruction.

3. During implementation of quality evaluation of management of the Central Committee the Bank of Russia:

considers results of internal quality evaluation of management of the Central Committee;

if necessary requests from the Central Committee additional documents and (or) information with indication of in request of terms of their representation and (or) will organize meetings with authorized representatives of the Central Committee.

4. By results of quality evaluation of management of the Central Committee the Bank of Russia makes the decision on recognition of quality of management of the Central Committee satisfactory or on refusal in satisfaction of the petition of the Central Committee.

5. The term of quality evaluation of management of the Central Committee and decision making by the Bank of Russia about recognition of quality of management of the Central Committee satisfactory or about refusal in satisfaction of the petition of the Central Committee cannot exceed three months from the date of receipt of the petition of the Central Committee by the Bank of Russia.

6. In case of adoption by the Bank of Russia of the decision on recognition of quality of management of the Central Committee satisfactory the Bank of Russia in writing informs the Central Committee on the made decision no later than three working days from acceptance date of such decision in time.

Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info