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The document ceased to be valid since  January 1, 2022 according to the Resolution of Board of National Bank of the Republic of Belarus of March 1, 2021 No. 52

RESOLUTION OF BOARD OF NATIONAL BANK OF THE REPUBLIC OF BELARUS

of July 22, 2014 No. 462

About approval of the Instruction for financial accounting of transactions with securities and the long-term financial investments in banks and the non-bank credit and financial organizations of the Republic of Belarus

Based on the paragraph of the thirty fifth 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. Approve the enclosed Instruction for financial accounting of transactions with securities and the long-term financial investments in banks and the non-bank credit and financial organizations of the Republic of Belarus.

2. Recognize invalid:

the resolution of the Board of directors of National Bank of the Republic of Belarus of March 14, 2006 No. 62 "About approval of the Instruction for financial accounting in banks of the Republic of Belarus of transactions with securities" (The national register of legal acts of the Republic of Belarus, 2006, No. 56, 8/14216);

the resolution of the Board of directors of National Bank of the Republic of Belarus of October 15, 2007 No. 312 "About modification of the Instruction for financial accounting in banks of the Republic of Belarus of transactions with securities" (The national register of legal acts of the Republic of Belarus, 2007, No. 265, 8/17312);

Items 1 and 2 of the resolution of the Board of directors of National Bank of the Republic of Belarus of December 24, 2009 No. 461 "About modification and amendments in resolutions of the Board of directors of National Bank of the Republic of Belarus of March 14, 2006 No. 62 and of February 27, 2009 No. 52" (The national register of legal acts of the Republic of Belarus, 2010, No. 17, 8/21773);

the resolution of Board of National Bank of the Republic of Belarus of December 13, 2010 No. 542 "About modification and amendments in the resolution of the Board of directors of National Bank of the Republic of Belarus of March 14, 2006 No. 62" (The national register of legal acts of the Republic of Belarus, 2010, No. 312, 8/23081).

3. This resolution becomes effective after its official publication.

Chairman of the board

N. A. Ermakova

 

Approved by the Resolution of Board of National Bank of the Republic of Belarus of July 22, 2014 No. 462

The instruction for financial accounting of transactions with securities and the long-term financial investments in banks and the non-bank credit and financial organizations of the Republic of Belarus

Chapter 1. General provisions

1. This Instruction determines for banks and the non-bank credit and financial organizations of the Republic of Belarus (further - banks) procedure for reflection in financial accounting of transactions with securities (except checks, bank savings books to bearer, bills of lading) and the long-term financial investments.

2. For the purposes of this Instruction following terms are used in the following values:

2.1. book value of securities - original cost of acquisition of securities less cumulative interest income, and also the cost which developed as a result of revaluation of these securities;

2.2. disposal of securities - write-off of securities from accounts of financial accounting in connection with the termination of the property right to them, the securities redemption or impossibility of implementation of assignment of rights certified by securities, and also their movement of accounts of other group or of accounts on accounting of the securities which are not paid in time;

2.3. the long-term financial investments - implementation by banks of investments into authorized capitals of the commercial organizations, share acquisition (except for the shares considered on balance sheet accounts of groups 41 * "The securities carried at fair value through incomes and expenditure accounts" and 43 "Securities available for sale"), share in authorized capitals of the commercial organizations, and also contributing in connection with participation of banks in non-profit organizations;

______________________________

* Hereinafter in the text of this Instruction of the account are specified according to the Chart of accounts of financial accounting in banks and the non-bank credit and financial organizations of the Republic of Belarus 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 of the Republic of Belarus 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 of the Republic of Belarus" (The national legal Internet portal of the Republic of Belarus, 12.10. 2013, 8/27947).

2.4. the accounting period - one calendar month;

2.5. revaluation of securities - determination (change) of book value of securities as of certain date;

2.6. acquisition of securities - reflection of securities on accounts of financial accounting in connection with acquisition of property right to them;

2.7. repo transactions - the transactions of purchase and sale of issued securities with the obligation of subsequent their redemption made according to the legislation (for the seller) and the obligation of subsequent their sale (for the buyer) at the price approved by the parties;

2.8. fair value - the amount for which it is possible to make exchange of assets or to execute calculation for the obligation between informed, wishing to make such transaction, the parties independent from each other;

2.9. accounts on the cash accounting - the correspondent accounts, the current (settlement) bank accounts, other accounts used when implementing calculations for transactions with securities and the long-term financial investments according to the legislation;

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