SAFETY GUARANTEES FOR CORPORATE AND RETAIL DEPOSITS IN THE BANKS OF THE RUSSIAN FEDERATION: CURRENT PROBLEMS AND POSSIBLE SOLUTIONS
The article considers the issues of safety guarantees for funds of legal entities and physical persons in banks in Russia. First, an analytical review of such experience in foreign countries is given. Then the article explores the current status of legislation and practice of its implementation in cases when retail deposits are protected via the deposit insurance system in DIA. The author comes to the conclusion that Russia has a positive experience of retail deposits protection, although the duration of this institution has shown there is a need of adjustment. However, the most urgent issue is how to guarantee the safety of corporate deposits, since these guarantees, as such, are missing from in the Russian practice. In this regard, the author proposes to implement legislative initiatives.