Banking market could get rid of opaque banks

Tightening disclosure requirements on owners of banks - is absolutely a logical requirement of time and effective method to increase openness and transparency of the market. This rule is adopted the bill is very urgent, it will make the job of opaque banks unprofitable. This opinion was expressed LІGA.Finansy Yaroslav Kolesnik, chairman of the bank "Forum" ("Commerzbank Group"). We recall that on 15 February Verhovnoy Rada adopted the bill N0884. The document approves stricter disclosure requirements about the real owners of banks, as well as the source of funds used for capitalization. "For information about the owners of the bank - the first thing that usually interested in the potential client and partntra. I do not see any argument in favor of not to disclose the actual owners of the banks," - said the banker. However, some other provisions of the bill less logical, and even contradictory, says banker. Thus, the rule suggested retail audit company to provide the results of audits of banks directly to the NBU, in the opinion of J. Kolesnik, replaces the real problems of audit and poses a real threat to the competitive market environment. Instead of increasing the transparency, this requirement violates the disclosure of confidential information. "The audit - the right of any company, the goal of this process - ensuring business transparency, increasing confidence in relations with existing and potential customers and partners. The audit was not intended to be a tool for obtaining information by third parties, including the governor. Moreover, the disclosure of audit results - the exclusive right of the owner company, "noted J. Kolesnik. And this is not the only norm mentioned bill, which, according to Chairman of the Board, is quite illogical. According to J. Kolesnik, the requirement that the amount of regulatory capital should be not lower than the statutory fund, is a serious threat to the banking system and economy as a whole. In particular, in some cases, it turns out that any increase in the authorized fund automatically leads to violation of this rule. "Thus, the system falls into a dead end, deprived of normal development. Particularly acute is the banks will feel young. Not to mention the fact that this requirement contradicts the standards of Basel-3. A number of existing rules allow you to effectively regulate the capitalization of banks, such as requiring to the indicator of capital adequacy. Presumably, the deputies simply are not deeply understood the details of this provision of the bill. Hopefully, this unfortunate lack of logic will be fixed "- summed up the banker.