Encyclopedia

Subsequent consent


Subsequent consent — the Central Bank of Russia's consent to perform a transaction (transactions) aimed at acquiring more than 10 percent of shares (interests) in a credit institution and/or establishing control over the shareholders (participants) of a credit institution may be obtained after the transaction is completed1.

  1. Law of the RSFSR dated 02.12.1990 No. 395-1, "On Banks and Banking Activities in the RSFSR". 1990, as amended on 2022-04-01, Article 11, paragraph 8. ↩