Bank of Russia proposes major resolution reforms

Central Bank of Russia
Bank of Russia

The Bank of Russia has proposed taking over the task of resolving distressed banks from another government agency, it announced in a press release, issued recently in English.

The proposal is likely to be realised, as the Russian parliament is considering a government-sponsored draft law on banking resolution.

The central bank said it had drafted a reformed set of resolution regulations to coincide with the second reading of the law by parliament. The draft law would transfer responsibility

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: