representatives of the DIA are being dataset includ. The temporary administration of the bank in order to quickly begin analyzing the quality of assets and draw up a plan for working with them, including their sale. When the court decides to assign the functions of a bankruptcy trustee (liquidator) to the DIA and the temporary administration transfers the property and documentation to the crit institution, the DIA will be able to quickly begin selling the property and bringing claims against borrowers. Of course, claims are also brought at the stage of the temporary administration.
We have a bill on a single corporate liquidator
which is in the approval stage with the Ministry of Finance. This bill also provides for a Dutch auction and a number of other innovations that will spe up the liquidation procure of crit institutions and, as a result, settlements with critors.
— The idea of the DIA, as I understand it, is to basically oust the Central Bank employees from the temporary administration.
An idea that after the revocation
A crit institution’s license, the as one of the important infrastructures in the internet era DIA will be appoint as a temporary administration, but for now the bill is ao lists being coordinat with the Ministry of Finance and the Ministry of Economic Development.
