Russian opposition figure Navalny arrested for 15 days for resisting policeRussian Politics & Diplomacy March 27, 15:32
Duma Speaker points out Russian banks in Ukraine raided with EU’s ‘tacit consent’Business & Economy March 27, 15:21
Opposition figure Navalny fined $350 for unauthorized rally in downtown MoscowRussian Politics & Diplomacy March 27, 14:36
Russian National Guard’s daily grindMilitary & Defense March 27, 14:33
Lavrov calls attempts to block Donbass ‘unacceptable’Russian Politics & Diplomacy March 27, 14:25
Government reveals how much money Gazprom and Rosneft pour into offshore explorationBusiness & Economy March 27, 14:22
Defense Ministry denies reports of downed Russian military helicopter in SyriaRussian Politics & Diplomacy March 27, 14:03
Russian top diplomat believes US-led coalition should take steps to liberate MosulRussian Politics & Diplomacy March 27, 13:46
Kremlin airs its views on 'mass protests' in RussiaRussian Politics & Diplomacy March 27, 13:41
The offices were closed because of these banks’ failure to meet liabilities to creditors (investors).
The termination of the operation of the credit institutions’ stand-alone business units means their banking and other transactions, except for transactions related to the transfer of assets and liabilities, are banned in the Republic of Crimea and the city of Sevastopol.
The Bank of Russia decision to shut down the offices of Unex Bank and Legbank in Crimea and Sevastopol gives the right to the autonomous non-profit organisation Depositor Protection Fund to handle the bank offices’ deposits and make compensation payments.
Under these circumstances, there was no way to effectively protect the rights of depositors and customers of these banks in these areas, other than terminating the activity of the banks’ units.
The competent judicial authorities will consider the civil rights claims to these banks, including these filed by the Depositor Protection Fund, in accordance with the standard procedure.