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Central Bank Regulations

This documentation section is intended for specialists working with the Brainysoft system and contains information about various regulations and requirements established by the Central Bank of Russia that affect the operations of microfinance organizations (MFOs).

Types of Microfinance Organizations

  • Types of Microfinance Organizations: Description of different types of MFOs and their characteristics.

Is a Website Necessary for MFOs?

  • Is a Website Necessary for MFOs: Instructions and recommendations for creating a website for microfinance organizations.

Personal Income Tax Rate, Central Bank of Russia Refinancing Rate

  • Personal Income Tax Rate, Central Bank of Russia Refinancing Rate 5%: Information about the personal income tax rate and the Central Bank of Russia refinancing rate, as well as calculation methods.

Reporting for Microfinance Organizations (MFOs)

  • Reporting for Microfinance Organizations (MFOs): Forms, procedures, and deadlines for MFO reporting.

Regulatory Reserve

  • Regulatory Reserve: Description and calculation methods for regulatory reserves for MFOs.

Instructions on Central Bank of Russia Directive No. 5291-U dated 20.01.2020

  • Central Bank of Russia Directive No. 5291-U dated 20.01.2020: Detailed instructions and requirements outlined in the Central Bank of Russia directive.

Calculation of UCC (Conditional Credit Debt Coefficient)

  • Calculation of UCC: Methods and algorithms for calculating UCC.

Restrictions on the Number of Microloan Issuances and Extensions

  • Restrictions on the Number of Microloan Issuances and Extensions: Instructions for managing the number of issued and extended microloans.

Restrictions on Interest Accrual

  • Restrictions on Interest Accrual: Instructions for managing restrictions on interest accrual for microloans.

IFRS Reserves

  • IFRS Reserves: Description and calculation methods for reserves according to International Financial Reporting Standards (IFRS).

This documentation section is intended for specialists working with the Brainysoft system and contains information about various regulations and requirements established by the Central Bank of Russia that affect the operations of microfinance organizations.