Participant of the mandatory deposit insurance system in banks – definition and meaning of "Participant of the mandatory deposit insurance system in banks"

An entity of the mandatory deposit insurance system in banks are the organization carrying out functions of mandatory deposit insurance and banks attracting citizens' funds¹.

Law of RSFSR dated 02.12.1990 No. 395-1, "On Banks and Banking Activities in the RSFSR". 1990, as amended on 2022-04-01, Article 38. ↩