The Central Bank will allow to carry out searches

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Photo: Irina Bujor / “Kommersant”

The Bank of Russia may be permitted freely and without warning to enter the offices of credit organizations and to examine documents in the presence of witnesses. About it reports “Interfax” with reference to sources.

According to the interlocutor of the Agency, the amendments can enter into preparing to the second reading of the bill regulating the interaction of audit organizations and individual auditors with the Central Bank.

In the case of adoption employees of the Central Bank with the permission of the Chairperson of the regulator or his Deputy will be able to “control the event the Bank without prior notice and in the presence of two witnesses, as well as using video or photo – and filming”.

Against giving the regulator such powers was made by the Ministry of economic development, proposing to justify their necessity. According to authorities, the Bank of Russia and without that has enough authority in supervising other banks.

Previously, the possibility of transmission of the Central Bank part of the function of the security organs was reported in April 2018. It was assumed that this will facilitate verification of compliance with the law on insider information. In addition, it was noted that the initiator of the changes is the Bank of Russia.

Under current law, the regulator may only request the documents from the organizations in the fight against unlawful dissemination of insider information.

Video, photo All from Russia.

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