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23.08.2024
BANKRUPTCY PROCEDURES FOR INSURANCE COMPANIES, BANKS AND NON-GOVERNMENTAL PENSION FUNDS HAVE BEEN IMPROVED

Bankruptcy procedures for banks, insurance companies and non-governmental pension funds, for which the Deposit Insurance Agency is the bankruptcy commissioner, have been adjusted. We are talking about the fulfilment of the obligations of a financial company at the expense of funds provided by their founders (participants) or a third party in bankruptcy proceedings. Such features are introduced for insurers and non-governmental pension funds, and these features are changed for banks.

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