The Russian government has endorsed the draft law under which the Central Bank can demand that commercial banks' managers be replaced. Alexei Ulyukayev, Russia's first deputy finance minister, made a statement to this effect after the government met in session to discuss the reform of the banking sector.
In Ulyukayev's words, the government supported a proposal to work out a draft law on qualification requirements to the banks' management personnel.
As Alexei Ulyukayev noted, under the draft law the Central Bank can, in case of incompetent management of a lending organisation, terminate the validity of the qualification certificate granted to its managers and demand that they should be replaced.
The behavior of the Russian inspector satellite, which was launched in the autumn of 2017, puzzles military officials in the United States
When the bill was submitted to Congress on August 2, the reason for imposing the new sanctions on Russia was based on Russia's alleged interference in the US presidential election in 2016, but then something clicked