The participants of the meeting paid particular attention to the banking sector. They discussed the problems with pressure on the Deposit Guarantee Fund in details. Another topic of the discussion was the necessity to optimize the withdrawal of insolvent banks from the market, protection of rights of such banks' depositors.
The leadership of the Committee along with the mission of the World Bank discussed current status of the draft laws elaborated by the deputies for the further voting at the session hall.
The Committee assured representatives of the World Bank mission that in April-May 2015 a whole set of draft laws was elaborated to stabilize the banking sector. In particular, members of the Committee recommended adoption of the draft law No. 2188-1 on introduction of amendments into the launch "On individual deposits guarantee system" (as to protection of funds of depositors and other creditors of insolvent banks and restore population's trust in the banking system) in first reading.
The parties also paid attention to the activity of the Financial Reforms Council, which unites representatives of the executive branch and experts of the state financial sector.
The Committee leadership assured representatives of the World Bank mission that the Committee advocates further cooperation with international organizations.