From now on, banks will be required to submit to the Central Bank a report on all cases of violations related to cash operations. Especially for this, the Bank of Russia developed new regulatory documentation, and has already sent notifications to all banking organizations. Failure to comply with the relevant rules threatens a credit institution with a large -scale verification. .
The introduction of such measures is caused by the desire of the Central Bank to collect as much data on the violations, then this information will be sent to a special center for the fight against cybercrime. The new body is going to create in speeds at the NPS, it will be engaged in the accumulation and analysis of the information received, as well as the development of the necessary solutions to eliminate negative factors.
The regulator will take terminals, ATMs, cash desks and banking Internet under control.
The new reports should also reflect all cases of using skimming devices, with which criminals manage to read data from plastic cards, and then use it to abduct other people’s means.
In addition, banks will need to notify the Central Bank about the presence of viruses that violate the operation of the entire system, cause malfunctions of mobile banking, lead to stopping payment terminals. In other words, financial institutions are obliged to inform the leading department about all incidents that led to the loss of client funds. According to the Law “On the National Payment System”, banks should return all the money to all the dubious occasion to the 24-hour periods, however, it will begin to operate only from February the year.
Many experts believe that the introduction of new rules will help credit organizations better understand their weaknesses, build a structure of violations in the work of their own networks and learn how to quickly respond to the problems that have arisen.
In accordance with the indication of the Central Bank, the report must be submitted monthly until the tenth of the month of the next. The management of some banking institutions said that they would reluctantly inform the Central Bank of all incidents that occurred.
For the lack of a report, the organization has been checked, in addition, the regulator can carefully study the bank’s activities on full scale, as well as apply “anti -washing” sanctions to it. If the situation comes to a dead end, then for disobedience the player can be deprived of a license.
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