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Law and Politics
Reference:

Logachev, O.E. The Central Bank of the Russian Federation as a participant of the relations concerning bankruptcy of the credit organizations.

Abstract: As the author of this article points out, under the existing banking law, it is impossible to classify bank supervision as solely regulating or solely managerial activity. The only reference to the issue is in the clause 3 of the Art. 55 on the Federal law “On the Central Bank of the Russian Federation (the Bank of Russia)”, which may be interpreted as a prohibition to directly manage the credit organizations.



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