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Russian Law Journal

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Vol 8, No 1M (2020)

Articles

93
Abstract
I set the goal of checking whether the Russian legislation governing activities of credit bureaus meet international standards. Due to the absence of relevant European Union standards, the General Principles for Credit Reporting issued by the World Bank in 2011 were taken as a basis for comparison. I have consistently reviewed how each of the five World Bank principles de facto is interpreted in Russian law and law-enforcement. Although I criticize some of the shortcomings of Russian legislation in credit reporting, in general, my analysis confirmed the hypothesis that, generally, legislation and law enforcement practice comply with the specified standards of the World Bank.


ISSN 2309-8678 (Print)
ISSN 2312-3605 (Online)
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