Date: 8 months ago   Category: Finance

The Central Bank will inform FAS on possible violations by banks of the law on advertizing — Rambler News Service


The Federal Antimonopoly Service (FAS) and the Bank of Russia have concluded the additional agreement on interaction within which the Central Bank will inform service in cases if finds possible signs of violation by the financial organizations of the law "About Advertising", the FAS press service has reported. "In case of detection by the Bank of Russia of possible signs of violation by such organizations of the legislation on advertizing, it will inform on this FAS Russia. In reply the antimonopoly service undertakes to report to the financial regulator about results of the control and analytical events held according to this information", - it is said in the statement. It is noted that the parties have also agreed to interact within introduction of the standard of development of the competition in regions. "For implementation of this arrangement the FAS Russia and the Bank of Russia will prepare a separate order which will include a question of providing to the Bank of Russia of information on a condition of the competition in the commodity markets. The Bank of Russia plans to use such information when carrying out the analysis of not monetary factors of inflation by it in regions", - have added FULL FACE.

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