The Bank of Russia proposes to prohibit temporarily the possibility to travel abroad to the owners and managers of the banks, which are suspected of withdrawal of assets. (when they are suspicious).
The Bank of Russia proposes to prohibit temporarily the possibility to travel abroad to the owners and managers of the banks, which are suspected of withdrawal of assets (when they are suspicious).
The head of the Central Bank of Russia, Elvira Nabiullina stated this on the air of Business FM radio.
“Therefore, I had a proposal that in such cases, when there are already signs of delinquency, of withdrawal of assets, that through a judicial procedure do not let these people to go abroad, but only as a temporary measure while the evidences are collected. And I believe, that this is a well-informed proposal, that we are now discussing it, “Nabiullina said.
Previously, Nabiullina stated that the Central Bank is waiting to have the right to transfer to the law enforcement agencies the documents with bank secrecy, if it’s necessary, to promptly initiate the criminal cases against unscrupulous bankers. In addition, the Central Bank is considering the possibility of toughening the responsibility of individuals who are not part of the management of banks.