The Finance Ministry has drafted a bill on business reputation a top-managers of financial institutions involving the deprivation of the right to work in this profession for bringing the company to bankruptcy. On Monday, October 31, said Deputy Finance Minister Alexei Moiseev, reports TASS. The Ministry hopes that the bill will be passed in the autumn session this year.
"The main thesis is this: if a person brought a financial company they work for to bankruptcy, he is disqualified for life," said Moses.
According to him, the new rules are designed to protect the rights of citizens and legal entities. "there Were many cases when the financial company came to bankruptcy, and the citizens or legal entities were losing money, while people who worked in this company, in fact, this responsibility is not carried, if there was a proven fraud", — said the Deputy Minister.
The bill will apply to members of the Supervisory Board, Board members, accountant and his deputies, the Director General and his deputies. "Man will have the presumption of innocence, will appeal to the Central Bank", — said the Deputy Minister.
The bill will cover all the main types of financial companies, especially banks, insurance and pension funds.
26 Oct Moses reported, the Finance Ministry is currently preparing a bill on combating trade secret information on the securities market. According to him, the Central Bank will have the right to listen to telephone conversations of insiders.
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