Abstract
The article examines the Deposit Insurance Agency (hereinafter referred to as the Agency), determines its administrative and legal status. All the powers and functions of the Agency have been analyzed. The problem of the legal status of the Agency as a state corporation, including in the bankruptcy procedure, is investigated. The Agency is a special state corporation with responsibilities to carry out effective and responsible management of funds included in the deposit insurance fund. He also has the right to act as a bankruptcy trustee. The Agency is the main link in the banking system of the state, ensuring effective protection of depositors from loss of insured deposits, as well as stable operation of the banking system as a whole, increasing the level of confidence of the Russian population in the banking system, which coordinates the work of the deposit insurance system based on the legislation of the Russian Federation.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
