Commenced in January 2007
Paper Count: 30576
Position of the Constitutional Court of the Russian Federation on the Matter of Restricting Constitutional Rights of Citizens Concerning Banking Secrecy
Authors: A. V. Shashkova
Abstract:The aim of the present article is to analyze the position of the Constitutional Court of the Russian Federation on the matter of restricting the constitutional rights of citizens to inviolability of professional and banking secrecy in effecting controlling activities. The methodological ground of the present Article represents the dialectic scientific method of the socio-political, legal and organizational processes with the principles of development, integrity, and consistency, etc. The consistency analysis method is used while researching the object of the analysis. Some public-private research methods are also used: the formally-logical method or the comparative legal method, are used to compare the understanding of the ‘secrecy’ concept. The aim of the present article is to find the root of the problem and to give recommendations for the solution of the problem. The result of the present research is the author’s conclusion on the necessity of the political will to improve Russian legislation with the aim of compliance with the provisions of the Constitution. It is also necessary to establish a clear balance between the constitutional rights of the individual and the limit of these rights when carrying out various control activities by public authorities. Attempts by the banks to "overdo" an anti-money laundering law under threat of severe sanctions by the regulators actually led to failures in the execution of normal economic activity. Therefore, individuals face huge problems with payments on the basis of clearing, in addition to problems with cash withdrawals. The Bank of Russia sets requirements for banks to execute Federal Law No. 115-FZ too high. It is high place to attract political will here. As well, recent changes in Russian legislation, e.g. allowing banks to refuse opening of accounts unilaterally, simplified banking activities in the country. The article focuses on different theoretical approaches towards the concept of “secrecy”. The author gives an overview of the practices of Spain, Switzerland and the United States of America on the matter of restricting the constitutional rights of citizens to inviolability of professional and banking secrecy in effecting controlling activities. The Constitutional Court of the Russian Federation basing on the Constitution of the Russian Federation has its special understanding of the issue, which should be supported by further legislative development in the Russian Federation.
Digital Object Identifier (DOI): doi.org/10.5281/zenodo.1314907Procedia APA BibTeX Chicago EndNote Harvard JSON MLA RIS XML ISO 690 PDF Downloads 783
 Alekseeva T. A. Sovremennaja politicheskaja mysl' (XX‒XXI vv.): politicheskaja teorija i mezhdunarodnye otnoshenija (Current Political Thought (XX‒XXI centuries) Political Theory and International Relations)/ T.A. Alekseeva. - Moskva: Aspekt Press, 2015. – p. 623.
 Bequali August (1978) ‘White Collar Crime: A 20th Century Crisis’. Lexington Books, Lexington, Massachusetts.
 Bloch H. Ruth. ‘(2013) Corporations and the Fourteenth Amendment’, UCLA. P.64.
 Chernyh P. Ja. (1993) Istoriko-jetimologicheskij slovar' sovremennogo russkogo jazyka (Historical Etymological Dictionary of Contemporary Russian Language) M. T. 2. C. 224.
 Croal H. (2011) ‘Victims of White-Collar and Corporate Crime’, P.84.
 Dal' V.I. (1995) Tolkovyj slovar' zhivogo velikorusskogo jazyka: V 4 t. (Explanatory Dictionary of Vivid Russian Language in 4 Volumes) T. 4. M.: TERRA. C. 368.
 Dignam A. (2011) ‘Company Law’, Oxford University Press, P. 646.
 Elliott M. Case and Comment // Cambridge Law Journal. 2006. 65(1). March. Р. 1–51.
 Fat'janov A. A. (1998) Tajna kak social'noe i pravovoe javlenie. Ee vidy in Gosudarstvo i pravo. – № 6.
 Markelova K. A. Bankovskaja tajna: pravovye aspekty: dis… kand. jurid. nauk: 12.00.12. – Saratov: 2000. C. 13.
 Olejnik O. M. (1999) Osnovy bankovskogo prava: kurs lekcij (Bases of Banking Law) M. C. 218-219.
 Ozhegov SI., Shvedova N.Ju. (1993) Tolkovyj slovar' russkogo jazyka. M.: AZ. C. 815.
 Peppper D. (2001) Prakticheskaja jenciklopedija mezhdunarodnogo nalogovogo i finansovogo planirovanija. M. Ch. 1.
 Rakitskaja I. A. (2012) Obshhaja harakteristika zakonodatel'nogo processa v zarubezhnyh stranah (The General Characteristics of the Legislative Process Abroad) M.: MGIMO-Universitet, p. 3-16.
 Sarbash S. V. (1999) Dogovor bankovskogo scheta: problemy doktriny i sudebnoj praktiki // M.: Statut, C. 146.
 Selivanovskij A. S. (2006) Bankovskaja tajna: sostojanie i problemy // Buhgalterija i banki. № 8 - 9.
 Shashkova A. V. (2004) Russian Business Law. М. Ankil.
 Shashkova A. V. (2011) ‘Financial & Legal Aspects of Doing Business in Russia’, in Aspect-Press.
 Shashkova A. V. (2015) ‘Study Manual on Bases of Russian Law’, in Cambridge Scholars Publishing, p. 374.
 Shashkova A. V. (2015) ‘Russian Specifics in Combating Corruption’, in Kutafin University Law Review. Volume 2. № 1 (3). p. 51-68.