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Ministry of Justice

Russian Federation

On December 3, 2014 No. 35075

INSTRUCTION OF CENTRAL BANK OF THE RUSSIAN FEDERATION

of November 6, 2014 No. 3439-U

About procedure for recognition of credit institutions by the Bank of Russia significant in the market of payment services

(as amended on 02-11-2017)

This Instruction based on the Federal Law of June 27, 2011 No. 161-FZ "About national payment system" (The Russian Federation Code, 2011, No. 27, Art. 3872; 2012, No. 53, Art. 7592; 2013, No. 27, Art. 3477; No. 30, Art. 4084; No. 52, Art. 6968; 2014, No. 19, Art. 2315, Art. 2317; No. 43, Art. 5803; 2015, No. 1, Art. 8, Art. 14; 2016, No. 27, Art. 4221, Art. 4223; 2017, No. 15, Art. 2134; No. 18, of the Art. 2665, No. 30, of the Art. 4456) establishes procedure for recognition of credit institutions by the Bank of Russia significant in the market of payment services.

1. The Bank of Russia makes the decision on recognition of credit institutions significant in the market of payment services in case of compliance of credit institutions to the criteria of the importance in the market of payment services established by this Instruction based on these forms of the reporting 0409250 "Data on transactions with use of payment cards and the infrastructure intended for making with use and without use of payment cards of transactions of issue (acceptance) of cash and payments for goods (works, services)", 0409259 "Data on activities of the credit institution connected with the translation of the electronic money" established by the Instruction of the Bank of Russia of November 24, 2016 No. 4212-U "About the list, forms and procedure for creation and representation of forms of the reporting of credit institutions in the Central bank of the Russian Federation" the registered Ministry of Justice of the Russian Federation on December 14, 2016 No. 44718, on March 29, 2017 No. 46155 (further - the reporting), once a year.

2. The credit institution is recognized significant in the market of payment services in case of its compliance at least to one of the following criteria:

the share of amount of transactions with use of the settlement and credit cards performed by credit institution in the territory of the federal district of the Russian Federation for calendar year constitutes two percent and more total amount of transactions with use of the settlement and credit cards performed by credit institutions in the territory of this federal district of the Russian Federation for calendar year;

the share of quantity of the settlement and credit cards emitted credit the organizations in the territory of the federal district of the Russian Federation as of January 1 of the year following reporting constitutes two percent and more total quantity of the settlement and credit cards emitted by credit institutions in the territory of this federal district of the Russian Federation for January 1 of the year following reporting;

the share of number of the transactions applied to implementation with use of payment cards of the ATMs, electronic terminals and imprinters belonging to credit institution and located in the territory of the federal district of the Russian Federation for January 1 of the year following reporting constitutes two percent and more total quantity of the ATMs, electronic terminals and imprinters belonging to credit institutions and located in the territory of this federal district of the Russian Federation for January 1 of the year following reporting;

the share of amount of the transfer of electronic money with use of prepaid cards made by credit institution in the Russian Federation for calendar year constitutes two percent and more total amount of the transfer of electronic money with use of prepaid cards made by credit institutions in the Russian Federation for calendar year.

3. The Bank of Russia makes the decision on recognition of credit institutions significant in the market of payment services based on data of the reporting for accounting calendar year no later than April 1 of the year following reporting in time. The decision on recognition of credit institutions significant in the market of payment services is drawn up by the order of the Bank of Russia signed by the Chairman of the Bank of Russia or other authorized person.

4. The Bank of Russia within 10 working days from decision date about recognition of credit institutions significant in the market of payment services posts on the official site of the Bank of Russia on the Internet and publishes in "the Bulletin of the Bank of Russia" the register of the credit institutions recognized by the Bank of Russia significant in the market of payment services (further - the Register), and informs credit institution information on recognition it significant in the market of payment services.

5. If the credit institution which is earlier recognized significant in the market of payment services does not correspond to the criteria of the importance established by this Instruction in the market of payment services based on data of the reporting for accounting calendar year, the Bank of Russia does not include the specified credit institution in the order issued according to Item 3 presents of the Instruction.

The Bank of Russia informs the credit institution which is earlier recognized significant in the market of payment services, information on non-inclusion of the specified credit institution in the Register.

5.1. In case of response (cancellation) by the Bank of Russia of the license for banking operations or changes of the name of the credit institution which is earlier recognized by the Bank of Russia significant in the market of payment services and included in the Register, the Bank of Russia within 10 working days from the date of introduction of data on withdrawal (cancellation) of the license of credit institution about change of the name credit the organizations in the Book of state registration of credit institutions prepares the relevant information for the Register which is subject to placement on the official site of the Bank of Russia on the Internet and to official publication.

6. In the market of payment services the credit institution included in the Register from the date of publication of the Register significant "the Bulletin of the Bank of Russia" is recognized.

7. Ceased to be valid according to the Instruction of the Central bank of the Russian Federation of 27.10.2016 No. 4170-U

8. This Instruction becomes effective after 10 days after day of its official publication in "the Bulletin of the Bank of Russia".

Chairman of the Central bank of the Russian Federation

E. S. Nabiullina

 

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