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Proinvestbank complained about falsification in bankruptcy case

... bankruptcy of which is currently being dealt with by the Perm arbitration, reported falsifications by the regulator. In particular, we are talking about the documents that previously became the grounds for initiation of bankruptcy proceedings by the Central Bank. At the same time, the head office of the Central Bank of the Russian Federation in the Urals believes that there were no falsifications, calling the actions of the top management objections directed against a non-normative act approved ...

Laws on digital ruble will be developed in Russia

... assumed that as a result of its completion, several federal laws for the legal regulation of legal relations that have arisen will undergo changes. Several departments announced their intention s to participate in the legislative work. Among them are the Central Bank, the Ministry of Economic Development, as well as the State Duma Committee on the Financial Market, reports Izvestia . The changes will affect the areas of the digital ruble turnover - from the ability to pay them to the right to exchange ...

More than 100 complaints were filed with the police against the ‘Symbiosis Finance’ financial pyramid

... the FSS. After that, as reported by the press service of the Yekaterinburg Department of Internal Affairs, more than 100 citizens turned to the police with complaints and demands to bring the company's management to justice. In early September, the Central Bank started updating the register of companies, the activities of which are carried out illegally in the Russian financial market. And although the list then had eight organizations from the Sverdlovsk region, Symbios Finance Club LLC turned ...

Debt load of Russians has reached a historical maximum

... lockdowns did not stop the flow of borrowed funds. The level of payments on unsecured loans in January 2020 reached 9.8% (of total income) and 1.9% on mortgages. ‘In the second half of 2020, the debt burden continued to grow. Despite the fact that the Central Bank considers the situation as a whole stable and there are no depressing forecasts yet, the regulator supported the initiative to restrict the issuance of certain types of loans. In particular, we are talking about the refusal of a loan to clients ...

FIASCO OF FINIKO: FINANCIAL PYRAMID COLLECTED BILLIONS OF RUBLES AND CUT OFF PAYMENTS

... rubles (Article 172.2 of the Criminal Code of the Russian Federation), although even then the experts stated that the project received about 7 billion from clients. As a result, the money was not found. At the same time, the absence of a license from the Central Bank of Russia did not prevent the organizers from continuing to collect funds from depositors. Only on June 1, the regulator announced that the Finiko project has signs of a financial pyramid on its official website. The first official statements ...

PROINVESTBANK PROTESTS AGAINST BANKRUPTCY AND REVOCATION OF LICENSE

... license will be considered on July 19, and the hearing on the bankruptcy case was postponed to July 8. The first thing the ex-head of the bank Vorontsov managed to do was to make the court refuse to satisfy the regulator's claim. Representatives of the Central Bank tried to exclude the former head of the board from the list of participants in the case (he was declared as a third party), since the bankruptcy law does not provide for this. According to Vorontsov, his participation in the process is obligatory,...

INTERPROMBANK OF MOSCOW WILL BE DRIVEN TO BANKRUPTCY

... Interprombank, which had existed since 1995, was revoked on April 16, along with the licenses of Neiva Bank and Nordea Bank. Now the capital's arbitration has received a claim for the bankruptcy of a credit institution from the main department of the Central Bank of the Russian Federation. And although neither the date of the court hearing, nor the acceptance of the lawsuit itself has yet taken place, the experts suggest that the reason for such a decision of the regulator could be the insufficient ...

MEGAPOLIS BANK WENT BANKRUPT

... expected, since the bank itself lost its license on March 26. The total debt of the organization, which served as the basis for the recognition of insolvency, is more than 3.8 million rubles. An attempt to liquidate a commercial bank was blocked by the Central Bank in May. The earlier submitted liquidation application is still being examined by the court until the date when the decision on declaring the organization bankrupt comes into force. The very decision of the arbitration court on bankruptcy ...

GAMBLING ON THE STOCK MARKET MAY BECOME AVAILABLE FROM 12 YEARS OF AGE

The First Deputy Chairman of the Central Bank of the Russian Federation Sergey Shvetsov announced the idea of lowering the age limit for exchange trading. The statement was made within the framework of an interview with Izvestia TV channel. According to Shvetsov, it is worth giving ...

ALL-TIME MAXIMUM DEBT BURDEN OF POPULATION IS REPORTED IN RUSSIA

The debt burden of Russians, according to the Central Bank, has reached a record high. According to the information provided in the regulator's review, the amount of debt reached 11.9%, having updated the figure of March, according to the results of the first quarter of this year. According to ...

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