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Russia considers blanket credit ban for citizens – official

By RT International

 

The Russian Interior Ministry is mulling the idea of a blanket ban on issuing credit to citizens as part of broader efforts to protect them from fraudsters. The proposal would require individuals to apply for personal exceptions online or through official centers, a senior official said on Friday.

Deputy head of the Investigative Department Danil Filippov announced the proposal during the Positive Hack Days cybersecurity forum in Moscow.

“We already have many laws that allow citizens to voluntarily block access to credit,” he said. “But we are putting forward a different concept – not voluntary restriction, but a total ban, with the option of individual unblocking.”

Filippov said he believed Russian citizens would not oppose the measure if it helped law enforcement protect them. “And if someone needs to get a loan or another service, they can simply press a button online and receive that service,” he added, as cited by Vedomosti…

READ FULL ARTICLE HERE… (rt.com)

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