1-2 of 2 results for subject:"Russian Deposit Insurance Agency"
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To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, for what reason the Deposit Insurance Agency of Russia has not been sanctioned by the Government.
To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, for what reason the Deposit Insurance Agency of Russia has not been sanctioned by the Government.
We do not speculate on future designations. We have already imposed severe restrictions on the Russian state's access to finance. We have blocked the Russian Government, and over 3 million Russian companies, from raising funds in the UK. We have blocked the Central Bank of Russia, Ministry of Finance and National Wealth Fund from accessing their overseas assets and foreign currency reserves. We have imposed asset freezes on 18 major banks with global assets worth £940 billion.
To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, what assessment she has made of the role of the Deposit Insurance Agency in the Russian state's ability to secure and repatriate assets from abroad.
To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, what assessment she has made of the role of the Deposit Insurance Agency in the Russian state's ability to secure and repatriate assets from abroad.
The Deposit Insurance Agency was established on the basis of Russian federal law #177-FZ, to manage the operation of the deposit insurance system in Russia, and provide compensation to depositors in Russian banks if a bank should fail. It acts as a liquidator and bankruptcy administrator, and is responsible for bank resolution.