Leneva, I.G. Key provisions of the Federal law “On insurance of accounts of physical persons at the banks of the Russian Federation”.

Abstract: The author analyses the changes in Russian legislation on protection of bank accounts of physical persons, which took place due to the new Federal law “On insurance of accounts of physical persons at the banks of the Russian Federation” of December 23, 2003. The author also studies foreign practice in this sphere, evaluates the insurance sums in accordance with the Russian law and laws of foreign states, comes to a conclusion that the above-mentioned law is just a first step towards state guarantees in the sphere of bank accounts of the people.