BANKING SECRECY AND INVESTIGATIVE ACTIVITIES OF LAW ENFORCEMENT AGENCIES
The article analyzes normative legal acts of the Russian Federation, according to which it is possible to conduct activities in respect of credit institutions, their employees, customers and due to which banking secrecy may be violated. Author confirms that the powers of law enforcement bodies on investigation of wrongful acts significantly limited and there is currently a wide range of exceptions to the principle of the inviolability of banking secrecy. It is emphasized that taking into account increasing role in the fight against corruption Bank secrecy cannot be considered as a great value in comparison to the legitimate public interest in the investigation of wrongful acts. It is proposed to eliminate the existing contradictions in the laws «On banks and banking activity» and «On Federal security service», allowing special events in relation to credit institutions in order to counter terrorism, corruption, some very serious crimes.