ORDER OF CENTRAL BANK OF THE RUSSIAN FEDERATION

of April 20, 2017 No. OD-1019

About supervision of observance system significant credit institutions of procedure for use of additional requirements (assets) for the purpose of calculation of the standard rate of short-term liquidity

For the purpose of supervision of observance system significant credit institutions of requirements of the Provision of the Bank of Russia of 03.12.2015 No. 510-P "About procedure of payments of the standard rate of short-term liquidity ("Basel III") system significant credit institutions" (further - the Provision No. 510-P) regarding use of additional requirements (assets) when calculating the standard rate of short-term liquidity of banking group (N 26) and the standard rate of short-term liquidity of credit institution (N 27) (further - the standard rate of H26 (27) I order:

1. To department of supervision of systemically significant credit institutions (Kovrigin M. A.):

1.1. In case of acceptance of banking group by parent credit institution (credit institution) of the decision on inclusion in structure of numerator when calculating the standard rate of H26 (N 27) limit of irrevocable credit line:

1.1.1. Estimate completeness and timeliness of representation system significant credit institutions (further - SZKO) the following data provided by Items 2.4 and 5.4 of the Provision No. 510-P:

information of parent credit institution of banking group (credit institution) on decision making on turning on of the irrevocable credit line in structure of numerator when calculating the standard rate of H26 (N 27);

information on the predicted lack of highly liquid assets (further - VLA) within three years;

information on the predicted value of the standard rate H26 (N 27) within three years;

policy of banking group (credit institution) on liquidity management;

the action plan, directed to reducing dependence on use of irrevocable credit line.

1.1.2. Perform regular (at least once a month) the analysis of justification of inclusion of limit of irrevocable credit line in structure of numerator when calculating the standard rate of H26 (N 27) based on the analysis of indicators of subsection V.2 "The separate indicators of activities of banking group used for calculation of the obligatory standard rate of short-term liquidity of banking group of" the reporting under form 0409805 "Calculation of own means (capital) and values of obligatory standard rates of banking group" (indicators of the subsection 6.2 "The Separate Indicators of Activities of Credit Institution Used for Calculation of the Obligatory Standard Rate of Short-term Liquidity" of the reporting under form 0409135 "Information on obligatory standard rates and on other indicators of activities of the credit institution") established by the Instruction of the Bank of Russia of 24.11.2016 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" (further - the reporting on the standard rate of H26 (N 27), taking into account information on the size of limits of irrevocable credit lines and information on suspension (termination) of calculation of limits of irrevocable credit lines arriving according to subitem 2.8 of Item 2 of the order of the Bank of Russia of 30.11.2015 No. OD-3384 "About the organization of work on loan granting of the Bank of Russia within agreements on opening of irrevocable credit line".

1.1.3. Perform on the basis of the reporting (information) represented to SZKO in the Bank of Russia by results of the checks received by the curator and (or) the authorized representative of the Bank of Russia, and also provided to SZKO on demand, efficiency analysis of policy of parent credit institution of banking group (credit institution) on liquidity risk management, the action plan of parent credit institution of banking group (credit institution) on reducing dependence on use of irrevocable credit line, the action plan, directed to respect for minimum admissible numerical value of the standard rate of H26 (N 27) within three years without use (with reduction of amount of use) irrevocable credit line.

1.1.4. Prepare offers on application of measures, the stipulated in Article 74 Federal Laws of 10.07.2002 No. 86-FZ "About the Central bank the Russian Federation (Bank of Russia)" in cases of non-presentation of information necessary for the analysis, monitoring of elements of calculation of the standard rate of H26 (N 27), representations of incomplete or unreliable information, and also in case of identification of the facts of discrepancy of procedure of payments (determination) of elements of calculation of the standard rate of H26 (N 27) to requirements of the Provision No. 510-P.

1.2. In case of acceptance of banking group by parent credit institution (credit institution) of the decision on inclusion in numerator when calculating the standard rate of H26 (N 27) VLA nominated in US dollars, euro, the Japanese yens, the English pounds sterling and Swiss francs (further - additional VLA in foreign currency):

1.2.1. Estimate completeness and timeliness of representation of SZKO of the following data provided by Items 2.4 and 5.4 of the Provision No. 510-P:

information of parent credit institution of banking group (credit institution) on decision making (decisions) on inclusion of additional VLA in foreign currency in structure of numerator when calculating the standard rate of H26 (N 27);

information on the predicted lack of VLA within three years;

information on the predicted value of the standard rate H26 (N 27) within three years;

policy of banking group (credit institution) on liquidity management;

the action plan, directed to reducing dependence on additional VLA in foreign currency.

1.2.2. Perform regular (at least once a month) the analysis of justification of inclusion of additional VLA in foreign currency in structure of numerator when calculating the standard rate of H26 (N 27) based on the reporting on the standard rate of H26 (N 27), and also the following documents (information):

policy of banking group (credit institution) on currency risk management;

procedures of internal control of currency risk;

results of stress testing of currency risk of the assets included in calculation of VLA.

1.2.3. Perform on the basis of the reporting (information) represented to SZKO in the Bank of Russia by results of checks received by the curator and (or) the authorized representative of the Bank of Russia, and also provided to SZKO on demand, efficiency analysis of policy of parent credit institution of banking group (credit institution) on liquidity risk management and currency risk, the action plan of parent credit institution of banking group (credit institution) on reducing dependence on use of the additional VLA in foreign currency, the action plan directed to respect for minimum admissible numerical value of the standard rate of H26 (N 27) within three years without use (with reduction of amount of use) additional VLA in foreign currency.

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