The Committee on Standards of Activities of Credit Institutions has approved measures for non-compliance with standards

News Financial services Law & Policy Updates

Date: 10th Dec, 2024 Source: Central Bank of Russia Country: Russia Original Source

Brief

On October 12, 2024, the Central Bank of Russia issued an update regarding The Committee on Standards of Activities of Credit Institutions has approved measures for non-compliance with standards. The measures include directing a requirement to transfer information about violators to the Bank of Russia for publication on its website. This will be possible if the Committee has previously directed a bank to rectify a violation of the same standard.

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Central Bank of Russia

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The Committee on Standards of Activities of Credit Institutions has approved measures for non-compliance with standards

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The Committee on Standards of Activities of Credit Institutions has approved measures for non-compliance with standards

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Central Bank of Russia

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