Izvestiya of Saratov University.
ISSN 1994-2540 (Print)
ISSN 2542-1956 (Online)

legislation on banks and bank activity

Features of Financial Responsibility of the Credit Organizations for Violations in Bank Activity

In article theoretical and practical questions of involvement of the credit organizations to financial responsibility for offenses in the sphere of bank activity are considered. Among the coercive measures of influence applied by Bank of Russia on the basis of the current legislation, a number of financial and legal sanctions is allocated. Author gives the understanding of concept of financial responsibility of the credit organizations for violations in bank activity.