On Cancellation of Licences by the Central Bank of Russia
In this scientific work, the authors considered the problem of liquidation a large number of banks in the Russian Federation. A legal analysis of the situation that has developed by 2017 in the banking system was conducted. The reasons for licences cancellation from credit institutions in accordance to the Russian Federation legislation, as well as the grounds for licences cancellation, in addition to offenses in the banking, have been revealed. We consider offenses that are directly relates to the licences cancellation from credit institutions. The author's position in relation to the banks liquidation and cancellation of licences is shown, as well as his opinion on the needed number of banks. In this article, the authors' opinion is expressed on the necessary number of banks in the Russian Federation. The authors proposed ways to resolve the current situation in the banking sector, and there is also a positive tendency in reducing the number of banks after the licences are withdrawn by the Central Bank of the Russian Federation. Amendments to the Federal Law “On Banks and Banking Activities” are being considered, where new types of bank licences such as universal and basic are revealed:. Details of these types of licences and their content are considered thoroughly. The consequences of withdrawal of licences from banks and other financial organizations by the Central Bank of the Russian Federation are indicated.