diff --git a/doc/README.read_consistency.md b/doc/README.read_consistency.md
index b2c2429cbe..52bcef203c 100644
--- a/doc/README.read_consistency.md
+++ b/doc/README.read_consistency.md
@@ -125,32 +125,53 @@ So, there are three kinds of read-committed transactions now:
 
 ### Update conflicts handling
 
-When statement executed within read committed read consistency transaction its database view is 
+When statement executed within *read committed read consistency* transaction its database view is 
 not changed (similar to snapshot transaction). Therefore it is useless to wait for commit of 
 concurrent transaction in the hope to re-read new committed record version. On read, behavior is 
 similar to read committed *record version* transaction - do not wait for active transaction and
 walk backversions chain looking for record version visible to the current snapshot.
 
-When update conflict happens engine behavior is changed. If concurrent transaction is active, 
-engine waits (according to transaction lock timeout) and if concurrent transaction still not
-committed, update conflict error is returned. If concurrent transaction is committed, engine 
-creates new snapshot and restart top-level statement execution. In both cases all work performed 
-up to the top-level statement is undone.
+For *read committed read consistency* mode handling of update conflicts by the engine is changed 
+significantly. 
+When update conflict is detected the following is performed:  
+a) transaction isolation mode temporarily switched to the read committed *no record version mode*
+b) engine put write lock on conflicted record 
+c) engine continue to evaluate remaining records of update\delete cursor and put write locks 
+   on it too
+d) when there is no more records to fetch, engine start to undo all actions performed since
+   top-level statement execution starts and put write locks on every updated\deleted record, 
+   all inserted records are removed
+e) then engine restores transaction isolation mode as read committed *read consistency*, creates
+   new statement-level snapshot and restart execution of top-level statement.
 
-This is the same logic as user applications uses for update conflict handling usually, but it
-is a bit more efficient as it excludes network roundtrips to\from client host. This restart
-logic is not applied to the selectable stored procedures if update conflict happens after any
-record returned to the client application. In this case *isc_update_conflict* error is returned.
+Such algorithm allows to ensure that after restart already updated records remains locked, 
+will be visible to the new snapshot, and could be updated again with no further conflicts. 
+Also, because of read consistency mode, set of modified records remains consistent.
 
-Note: by historical reasons isc_update_conflict reported as secondary error code with primary
-error code isc_deadlock.
+Notes:
+- restart algorithm above is applied to the UPDATE, DELETE, SELECT WITH LOCK and MERGE 
+  statements, with and without RETURNING clause, executing directly by user applicaiton or 
+  as a part of some PSQL object (stored procedure\function, trigger, EXECUTE BLOCK, etc)
+- if UPDATE\DELETE statement is positioned on some explicit cursor (WHERE CURRENT OF) then
+  engine skip step (c) above, i.e. not fetches and not put write locks on remaining records 
+  of cursor
+- if top-level statement is SELECT'able and update conflict happens after one or more records 
+  was returned to the application, then update conflict error is reported as usual and restart 
+  is not initiated
+- restart is not initiated for statements in autonomous blocks
+- after 10 attempts engine stop restarts and report update conflict
+- by historical reasons isc_update_conflict reported as secondary error code with primary
+  error code isc_deadlock.
 
-### No more precommitted transactions
 
-*Read-committed read only* (RCRO) transactions currently marked as committed immediately when 
-transaction started. This is correct if read-committed transaction needs no database snapshot. 
-But it is not correct to mark RCRO transaction as committed as it can break statement-level 
-snapshot consistency.
+### Precommitted transactions
+
+*Read-committed read only* transactions marked as committed immediately when transaction started. 
+This is correct if read-committed transaction needs no database snapshot. But it is not correct 
+to mark *read consistency read only* transaction as committed as it can break statement-level 
+snapshot consistency. Therefore *read consistency read only* transactions is not precommitted 
+on start. Other kinds of read committed read only transactions (*[no] record version*) works as 
+before and marked as committed when such transaction started.
 
 ### Support for new READ COMMITTED READ CONSISTENCY isolation level
 #### SQL syntax