Legal Regulation Systems of Deposit Insurance: International Practice and Local Expertise

Yuri Alexeyevich Kolesnikov, Igor Petrovich Zinoviev, Alla Vasiliyevna Kiseleva


The article describes the questions of guaranteeing the safety of funds of individuals and legal entities in the Russian banks. First there is an analytical review of such experience in foreign countries in the article. Then the author explores the current status of legislation and practices in the protection of individuals' deposits through the Deposit insurance system. As a result, the author concludes that Russia has a positive experience in protecting the deposits of individuals, although for the duration of this institution there is a need of adjustment. However, the most urgent issue is to guarantee the safety of deposits of legal entities, which, as such, is absent in the Russian practice. In this regard, the author proposes to implement legislative initiatives.

DOI: 10.5901/mjss.2015.v6n6p101

Full Text: PDF

Licenza Creative Commons
This work is licensed under Creative Commons Attribution 3.0 License.

Mediterranean Journal of Social Sciences ISSN 2039-9340(Print) ISSN 2039-2117(Online)

Copyright © MCSER-Mediterranean Center of Social and Educational Research

To make sure that you can receive messages from us, please add the '' domain to your e-mail 'safe list'. If you do not receive e-mail in your 'inbox', check your 'bulk mail' or 'junk mail' folders..