Italy suspects Apple of tax evasion
The leadership of the Italian representative of Apple is forced to explain about the possible tax evasion in the country. The prosecutor's office of Milan has already opened an investigation…

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Economist: The fact that our companies turn to foreign investors is normal and this is a trend
Agroholding Kuban, which is part of Oleg Deripaska's Basic Element, began negotiations with Chinese and Arab investors and funds in connection with the loss of Western investment. He will be…

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Time Travel: Chilean Blooper
Living conditions in Latin America are hardly comfortable. The economies of most countries in the region suffer from inflation, which for decades has remained at a high level. But there…

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Collectors ran into the law

The bill on collection in Russia is subject to change. This initiative was made by the Prosecutor General, who has to process a shaft of complaints from citizens about illegal actions of collectors. According to the Prosecutor General, the sphere needs to be licensed instead of the previously planned creation of a self-regulatory institution.

The volume of overdue monetary obligations of citizens to banks reached 310.2 billion rubles. By July of this year, collectors had sold overdue debts worth more than 86 billion rubles. Over the past year, the cession market has grown by 30%. In 2011, we bought debts of 78.7 billion rubles, while in 2010 the total amount was 60.2 billion rubles.

A separate law that would govern the implementation of collection activities in Russia does not exist. So far, only the bill “On the collection of overdue debts”, which is being developed by the Ministry of Economic Development of the Russian Federation, is in force. However, he has not yet entered either the government or the State Duma. According to the latest edition, a self-regulatory organization should deal with the control of market participants. Continue reading

Banks slip on their own cards
From January 1, the Federal Law "On the National Payment System" will enter into force. The document has claims from the banking community. The project involves obliging banks to return…

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Find an Idea: Get Money from Water
In English, there is the concept of serendipity. In literal translation, it means intuitive insight. But in business, such a resounding word is used when it comes to a discovery…

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"Banks of time" crowd out money
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Investments "from God" are the most sustainable
Investments "from God" are the most sustainable You can work in the financial market with "God's grace." Religious denominations offer adherents investments that are guaranteed to please God and allow…

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