The State Corporation "Deposit Insurance Agency" (DIA) will be able to acquire from bank creditors the rights of claim against individuals held subsidiarily liable for driving banks into bankruptcy, if these rights were not sold at auction.
The corresponding Law No. 208-FZ "On Amendments to Articles 61-17 and 189-96 of the Federal Law 'On Insolvency (Bankruptcy)' and Articles 19 and 39 of the Federal Law 'On Insurance of Deposits in Banks of the Russian Federation'" came into force in July 2024.
On June 26, 2024, the ninth meeting of the Working Group on Cooperation in the Field of Digitalization of Deposit Insurers of the Eurasian Economic Union (hereinafter – the Working Group) was held via videoconference. During the meeting of the Working Group, the State Corporation "Deposit Insurance Agency" of the Russian Federation (hereinafter – DIA) and the Deposit Guarantee Fund of Armenia (hereinafter – Fund of Armenia) shared their experience in implementing tools for submitting applications and online reimbursement.
Starting from June 4, 2024, creditors, borrowers, and depositors of liquidated financial organizations can apply to the State Corporation "Deposit Insurance Agency" (hereinafter - DIA) online using the digital profile infrastructure.
When submitting an inquiry through the DIA website, they will need to enter minimal information and will not have to attach an identification document. It is sufficient to grant DIA permission to use data from the State Services (Gosuslugi) portal.
As part of the activities of the Expert Group on harmonization of legislation in the field of insurance (guaranteeing) of bank deposits, liquidation, resolution and bankruptcy of credit institutions in the Eurasian Economic Union under the Advisory Committee on Financial Markets of the Eurasian Economic Commission (hereinafter – the Expert Group), a meeting of representatives of the EAEU member states was held on May 22-23, 2024, in Minsk, Republic of Belarus. The event was organized by the Agency of Deposit Compensation of the Republic of Belarus. The meeting was attended by representatives of the Eurasian Economic Commission, deposit insurers, and financial regulators of the EAEU member states.
Starting from March 19, 2024, an application for reimbursement can be submitted remotely on the website of the State Corporation "Deposit Insurance Agency" (DIA) or through the Unified Portal of Government Services (Gosuslugi).
This became possible after amendments to the Federal Law "On the Insurance of Deposits in Banks of the Russian Federation" came into force.
An international conference titled "Success Story: 20 years of the Russian Deposit Insurance System " was held in Moscow, organized by the State Corporation "Deposit Insurance Agency" (DIA).
The event was attended by
representatives of legislative and executive authorities, the banking and expert communities, and deposit insurers from 20 countries, including all EAEU member states.
The main theme of the conference was the improvement of mechanisms for protecting depositors' savings.