Polina Dibrova, mother of three, wins Mrs. Russia 2017 beauty pageantSociety & Culture August 20, 4:41
Russian emergencies ministry plane returns from firefighting mission in ArmeniaWorld August 20, 4:39
East Ukraine conflict claimed nearly 3,000 civilian lives — ICRCWorld August 20, 1:56
Renowned Russian filmmaker Andrei Konchalovsky turns 80Society & Culture August 20, 0:48
One of seven injured in Surgut stabbing spree in critical condition — authoritiesSociety & Culture August 19, 23:51
Netanyahu expects to meet with Putin in Sochi on August 23 — Israeli premier’s officeRussian Politics & Diplomacy August 19, 22:47
Surgut attacker is identified as a local resident - investigationSociety & Culture August 19, 14:09
Combat module containing neural networks may become series in Russia in 2018 — designerMilitary & Defense August 19, 10:44
Russian Head of General Staff Gerasimov hands award weapon to Syrian generalMilitary & Defense August 19, 9:10
MOSCOW, February 20. /TASS/. Russia’s Finance Ministry plans to launch a new mechanism of financial recovery procedure for banks in 2017, Deputy Minister Aleksei Moiseev told TASS, adding that the relevant bill has been approved by the government commission.
"On February 13, (the document - TASS) was approved by the government commission. The bill was recommended by the (relevant) committee (of the State Duma) in the first reading last Thursday," he said.
Last week the Russian government approved the bill submitted by State Duma deputies on the new financial recovery mechanism for the banking sector. The draft law establishes a legal basis for the creation of the Fund for banking sector consolidation by the Central Bank for participation in financial recovery procedures regarding credit organizations. The move is aimed at reducing the state’s expenditures on financial recovery procedures regarding banks, as well as to shorten those procedures.