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EX-EMPLOYEES OF OTKRITIE BANK FORCED THE COP TO DOUBT THE NORMS OF THE BANKRUPTCY LAW

The Constitutional Court (CC) will check the constitutionality of a number of provisions of the law "On Insolvency (Bankruptcy)" and "On Amendments to Certain Legislative Acts of the Russian Federation". The reason for the procedure was a case involving Otkritie Bank. According to Vedomosti, with reference to the press service of the Constitutional ...

SANITIZED BANKS AND NPFS MAY BECOME LESS RESPONSIBLE FOR THE DEBTS OF "DAUGHTERS"

The State Duma will consider in the second reading a draft law, according to which the amount of subsidiary liability of rehabilitated organizations for the debts of legal entities controlled by them will be limited in the event of such obligations before the decision to start rehabilitation. We are talking about banks, insurance organizations and non-state pension funds (NPFs). The remainder of the debt will have the right to recover from former owners and managers by bringing them to subsidiary responsibility, Fedresurs reports. As noted in the draft, the ...

THE LITERACY TEST WAS PROPOSED TO BE MADE MANDATORY WHEN RECEIVING THE FIRST LOAN

... test for citizens applying for a loan for the first time. The author of the initiative is Alexander Demin, deputy head of the New People party. According to TASS, the corresponding proposal was sent by the State Duma deputy to the head of the Central Bank, Elvira Nabiullina. According to Demin, the literacy test should include information about the actual amount of overpayments and the situation in the economy. In addition, it should contain data on the real risks of bankruptcy of a citizen. The deputy ...

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