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The central bank proposes to introduce liability for directors in public stock companies for illegal actions leading to losses for investors.

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🇷🇺 Russia · Map

The central bank proposes to introduce liability for directors in public stock companies for illegal actions leading to losses for investors.

The Bank of Russia believes that it is possible to discuss the idea of ​​introducing fiduciary responsibility to the directors of public joint stock companies (PJSC) by analogy with the responsibility of the management of financial organizations, which are obliged to act in good faith and wisely for the benefit of customers, and to compensate for losses incurred." We should probably think about establishing and additional loss of directors, among other things, the loss of illegal managers, investors' money (...).

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