October 23 2017
“In Russia, nearly 500 businessmen have been denied bank accounts or blocked their accounts since the beginning of the year, and the business world is under great pressure and stress …” This is the result of a research on the businessmen group “Delovaya Rossiya”.
Strict inspections, especially by the Central Bank for “tracking money laundering operations”, resulted in the blocking of accounts of many companies. This situation has come to the stage of commercial deregulation.
According to Business FM, Boris Titov, the Kremlin official in charge of business circles, has proposed to the Central Bank that a special body should be created to protect the business world from the risks associated with banking transactions and to facilitate the life of the business world.