CREDIT MUST BE JUSTIFI ED
Abstract and keywords
Abstract (English):
On January 1 this year, Federal Law No. 398-FZ dated December 6, 2021 “On Amendments to the Federal Law “On the Central Bank of the Russian Federation (Bank of Russia)” and Articles 9 and 14 of the Federal Law “On Microfi nance Activities and Microfi nance Organizations” came into force aimed at preventing the accumulation of risks by borrowers and slowing down the excessive growth of unsecured consumer lending.

Keywords:
credit market, consumer lending, macroprudential limit, risk ratios, microfi nance organization
References

1. Federal'nyy zakon ot 22.12.2020 g. № 447-FZ «O vnesenii izmeneniy v Federal'nyy zakon «O sindicirovannom kredite (zayme) i vnesenii izmeneniy v otdel'nye zakonodatel'nye akty Rossiyskoy Federacii» i otdel'nye zakonodatel'nye akty Rossiyskoy Federacii».

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