The authorities want to ban the work of organizations for illegal lending

© RIA Novosti / Natalia to Seliverstova in fotobanka percent. Archival photoThe authorities want to ban the work of organizations for illegal lending© RIA Novosti / Natalia to Seliverstova the image Bank

The government deems it appropriate as measures of administrative liability of legal entities for illegal re-lending to provide for the suspension of their activities, not just increasing the minimum fine should be the message on the website of the Cabinet of Ministers.

So, the Russian government considered a bill that clarifies the norms of administrative responsibility for the illegal provision of consumer loans.

The bill proposes to increase the minimum size of the administrative penalty for the exercise of professional activity on granting of consumer loans to legal entities and individual entrepreneurs who are not eligible for its implementation, as well as to establish administrative liability for Commission of this administrative offence.

«However, the government of the Russian Federation considers appropriate as measures of administrative liability of legal entities for the repeated Commission of an administrative offense also include the suspension of their activities. The government of the Russian Federation supports the bill subject to its revision based on this comment and comments of a technical nature», — stated in the message.

In addition, the bill proposes to establish administrative penalties for repeated Commission of such administrative offenses, the maximum amount of which for citizens will amount to 50 thousand rubles, for officials – 200 thousand rubles, for legal persons – 2 million rubles.

Explain that the focus of the Cabinet supports the bill, because its provisions provide for the improvement of the situation in the field of protection of the rights of consumers of microfinance services.

Source