MOSCOW, June 28 - RAPSI. The Supreme Court has substantially softened the limits of banks opportunities allowing unlicensed collector agencies to recover credit. The text of the courts plenum decision was approved on Thursday.
Under the document, the judge must consider that the consumers' rights protection law does not afford banks the opportunity to assign debt recovery to unlicensed organizations. However, the document also specifies that they can do it if established by law, or by contract.
Today, collectors' activity is not regulated legislatively.
The Association of Banks earlier submitted to the Supreme Court's head a letter in which it expressed concern over the ban on assigning collector agencies the right to claim retail loans repayment.
Having confirmed the consumer rights watchdog (Rospotrebnadzor) position on the limitations, the Supreme Court has concurred with the Supreme Commercial Court.
In turn, the deputy prosecutor general stood for the limitations.