76505307 Non banking business will withdraw from the supervision of Central Bank
New amendments to the Law on the Central Bank "will allow bankers, part-owns another business, buy and sell it without the consent of the banking regulator. About this newspaper Kommersant, citing employees of the Central Bank. Now, with certain groups of people, which included the main owner owns the bank, the Central Bank is guided by the criteria written in the law "On Protection of Competition." One of them assumes that the owner of the bank, which owns more than 50 per cent stake in the company non-bank sector, is it a group of people. For CB, this means that ownership of the bank is carried out not by the owner of a controlling stake, as part of a group of persons, which requires additional approvals from numerous CB. If the powers of the Central Bank, by definition, a group of persons will be fixed in the law on the Central Bank ", the Central Bank does not have to take into account when assessing the financial situation of the owner of the bank's state of his other companies whose operations and financial position does not have a bank no effect. Kommersant wrote that the proposed amendment of the Central Bank could be useful to owners of several banks among the top 30. For example, Leonid Fedun, the owner of the bank Petrocommerce belongs to, among other things, the football club "Spartak". Now Fedun and "Spartacus" are a group of individuals, which included a football club under the current legislation owns Bank Petrocommerce. If the proposed amendment of the Central Bank to act, for example, to increase the stake in the bank Fedun could no provision in the CB of documents confirming the financial status of "Spartacus." Similar facilities would receive a businessman Rustam Tariko, which controls Russian Standard Bank, as well as vodka and owns an insurance business.
