The State Office of Public Prosecutor has revealed infringements in work of the Central Bank of the Russian Federation
the State Office of Public Prosecutor of the Russian Federation has revealed a number of infringements at realisation of supervising functions by Bank of Russia. The first deputy of the public prosecutor Alexander Buksman has informed on it, acting at parliamentary hearings in the State Duma, devoted to questions of conformity of standard regulation and practice of realisation of bank supervision by Bank of Russia to substantive provisions of the federal legislation.
according to A.Buksmana, the check spent by the State Office of Public Prosecutor has shown that the Bank of Russia does not provide realisation of the functions assigned to it. He has declared that the majority of statutory acts of the Central Bank of the Russian Federation suppose possibility of various treatment that creates preconditions for corruption displays.
check also has shown that more than one and a half thousand employees of the Central Bank of the Russian Federation are holders of actions of the credit organisations. According to A.Buksmana, “ It is the precondition for occurrence of the conflict of interests “.
Zamglavy of the State Office of Public Prosecutor also has added that for employees of Bank of Russia it is necessary to enter at legislative level restrictions on possession of actions. Such restrictions, according to the current legislation, already exist for a number of state employees.
Besides, A.Buksman has suggested to enter an additional regulation for an establishment of requirements to heads of the credit organisations.
in the State Office of Public Prosecutor also consider necessary in a legislative order to define the competence of committee of bank supervision of Bank of Russia. With a view of maintenance of equal access of the credit organisations to system of insurance of contributions of citizens of A.Buksman has suggested to regulate at legislative level criteria of acceptance of banks in this system. Also, in its opinion, it is necessary to introduce a number of changes in the law “ About counteraction to legalisation (washing up) of the incomes received by a criminal way “ the credit organisations concerning the right to refuse to the client account opening.
A.Buksman also has declared that in the near future the State Office of Public Prosecutor intends to spend checks in Federal Agency of the financial markets and in the Ministry of Internal Affairs regarding prevention of economic crimes and crimes in bank sphere.
the State Office of Public Prosecutor of the Russian Federation also has suggested to make amendments to the legislation, forbidding to employees of the supervising block of the Central Bank of the Russian Federation to have actions of the credit organisations. The first vice-president of the Central Bank of the Russian Federation Gennady Melikjan has informed on it to journalists. As he said, employees of the Central Bank of the Russian Federation have basically actions of the Savings Bank of the Russian Federation, including he. G.Melikjan has expressed opinion that corresponding amendments can be introduced in the law on Bank of Russia.
Besides, he has informed that the State Office of Public Prosecutor has made the Central Bank of the Russian Federation some remarks, which, according to G.Melikjana, “ Do not characterise bank supervision as bad “. He has noticed that the Bank of Russia already corrects the revealed lacks, including in a number of statutory acts. “ as a whole check of the State Office of Public Prosecutor was for Bank of Russia very useful “ - G.Melikjan has told.
the State Office of Public Prosecutor with participation of representatives of law enforcement bodies, the Ministries of Finance of Russia and Federal Agency of financial monitoring (Rosfinmonitoring) has begun complex check in Bank of Russia in December 2006ã. Before the head of Audit Chamber Sergey Stepashin declared that checks was planned to spend in connection with murder of the first vice-president of the Central Bank of the Russian Federation Andrey Kozlova. Following the results of check of activity of the Central bank of Russia the State Office of Public Prosecutor has made four representations to the chairman of bank Sergey Ignatyev.
Representations have been given out in separate directions of work, in particular, they concerned acceptances of banks in system of insurance of contributions, bank supervision and licensing, and also work on selection of employees of Bank of Russia.
later S.Ignatyev has informed that the Bank of Russia was engaged in elimination of the revealed lacks and prepares the order following the results of check. At the same time he has underlined that the Central Bank of the Russian Federation agrees far not with all claims of Office of Public Prosecutor.