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THE MINISTRY OF FINANCE WANTS TO OBLIGE BANKS TO SPECIFY THE CLIENT'S RESIDENCE BY GEOLOCATION

The Ministry of Finance has developed a draft government decree that obliges banks to check the tax residency of customers by geolocation. This is reported by Izvestia. As the authors of the initiative explained, the location will be monitored when entering the online bank. If it turns out that a citizen lives abroad, the bank ...

BANKS ARE WAITING FOR THE EXTENSION OF THE LIMIT ON IT MORTGAGES

... extension of the limit on IT mortgages. Vedomosti writes about this with reference to representatives of a number of major Russian banks, including Sberbank, VTB and others. At the moment, due to the exhaustion of the limit, Sberbank, MTS Bank, Bank St. Petersburg ... ... applications. VTB has not completely stopped working in this direction, but has reduced the volume of issuance. The day before, the Ministry of Finance announced its support for increasing the limits on IT mortgages so that the program would not stop. At the ...

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