The auditors of the Central Bank will be able to remove the check banks for photos and videos – Information portal of the Banki.ru

The central bank expanded the functions of their representatives during inspections of commercial banks, write “News”. Authorized the Central Bank will be able to be present in transactions with companies, banks, other operations between them, take photos, videos, carry out filming – “in order to verify compliance with Russian laws and regulations regulator.” Subsequently, these materials can act as evidence of violations on the part of banks. And the Commissioner is given the right to fix the process “by compiling a reference in any form.” Also, the auditors will be able to request the information companies need to test the banks. Amendments made to the operating procedures of the Central Bank and 147 (the document is at the newspaper).

«When making a bank (or its affiliate) operations and other transactions with third party auditors of the Central Bank is entitled to record actions performed by any means (not wearing hidden character), – stated in the draft amendments to the regulations governing the procedure for conducting inspections of banks. – Including the use of special technical means, with photo function, filming, recording. Also – by drawing up certificates in any form, receipt of documents (copies) of the inspected credit institution customers upon request. In case of violations by the banks (including unrecorded in the accounting (reporting) of the credit organization’s operations and other transactions made with third parties … to the act of verification are attached (if any) the supporting documents or copies thereof, reference, electronic media information and media with photos, filming and video recording ».

The authorized representatives of the Central Bank is currently assigned to the 158 Russian banks. The auditors of the Central Bank may participate without vote in the meetings of the bank’s governing bodies, to obtain information and documents for lending, guarantees, asset and liability management. In addition, representatives of the Central Bank shall be entitled to request from the Bank information about remuneration paid to top managers.

Banks are required to inform the commissioners of a number of transactions before they occur. The These include, for example, transactions involving real estate bank transfer for rent, deposit with making it as contributions to the charter capital of companies. The Bank shall inform the Auditors and transactions with the receipt and issuance of credits and loans, issuing guarantees and sureties, the assignment of rights requirements, acceptance and forgiveness of debt, novation, fall-back, as well as the establishment of asset management – if the amount of such transactions exceeds 1% of the book value of assets . Bank

«The desire of the Central Bank to a deeper control of banking operations seem logical on the background of the numerous cases of falsification of statements by banks and provide inaccurate data, – says senior Director, head of the bank ratings group ACRA Cyril Lukashuk. – It should be noted that such control can only be selective, otherwise regulatory costs will be high, not only for banks, but also for the

Bank of Russia »Senior associate BGP Litigation Anton anointed agree that the expansion of supervisory powers of the Central Bank employees. It can be assessed positively, but believes it is impossible to completely eliminate the abuse of rights by the auditors.