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Bank of Russia issues instruction to prepare new collateral item reporting form

20 August 2020
News

The Bank of Russia has prepared an instruction for calculating indicators to streamline the process for banks to prepare and submit Reporting Form 0409310 ‘Information on pledged items accepted by credit institutions as collateral on loans’.

The instruction and schematic representation are published in the ‘Reporting Optimisation’ section of the Bank of Russia’s website.

Reporting Form 0409310 will become effective from 1 July 2021 in line with Bank of Russia Ordinance No. 5456-U, dated 12 May 2020, ‘On Amending Bank of Russia Ordinance No. 4927-U, dated 8 October 2018, ‘On the List, Forms and Procedure for Compiling and Submitting Credit Institutions’ Reporting Forms to the Central Bank of the Russian Federation’.

The description of XML-based formats for submitting reporting data is also published in the ‘Technical Resources’ section of the Bank of Russia's website.

Preview photo: BEST-BACKGROUNDS / Shutterstock / Fotodom