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The deposit insurance system in the Russian Federation operates in accordance with the Federal Law No.177–FZ of December 23, 2003 “On Insurance of Deposits in Banks of the Russian Federation”. [2] The deposit insurance system (DIS) provides protection to depositors that have accounts in Russian banks up to the coverage limit established ...
Russia enacted deposit insurance law in December 2003 and established the national deposit insurance agency (DIA) in 2004. [ 46 ] [ 47 ] Until 2004, the Russian banking system was divided: obligations of state-owned Sberbank were guaranteed by law, while other banks were not insured in any way, creating an unfair advantage for Sberbank. [ 48 ]
Deposit bond; Deposit Guarantee Scheme Directive; Deposit Insurance Agency of Russia; Deposit Insurance and Credit Guarantee Corporation; Deposit Insurance Corporation of Japan; Depositors' and Investors' Guarantee Fund
And so, in December 2013 Central Bank of Russia revoked licenses of three commercial banks, Investbank, Smolensky Bank and the Bank of Project Finance and later then Ecoprombank, Masterbank, Simbirsk and many others. [6] State-run Agency for deposits’ insurance paid money to clients. [7]
The FDIC’s standard deposit insurance limit is $250,000 per depositor, per insured bank, per ownership category. Some customers of The National Bank of Lindsay weren’t within the FDIC limits.
National Association of Insurance Commissioners (NAIC) and state-level insurance supervisors; Uruguay: Central Bank of Uruguay ; Superintendencia de Servicios Financieros (SSF) Uzbekistan: Ministry of Economy and Finance of the Republic of Uzbekistan: Vanuatu: Reserve Bank of Vanuatu: Vatican City: Supervisory and Financial Information ...
Vessels of Russia's so-called shadow tanker fleet will be boarded or put on a sanctions list if they do not provide proof of insurance, Estonia's prime minister said on Tuesday. 'Shadow fleet ...
The Central Bank of Russia owns RNRC. The state-owned reinsurance company was set up as provided for by Federal Law No. 363-FZ On Amendment of the Law of the Russian Federation "On Insurance Business in the Russian Federation" dated July 3, 2016 and Art.13.1-13.3 of Federal Law No. 4015-1 "On Insurance Business in the Russian Federation".