Bankers don’t want to supply militia with confidential information

The State Duma of Russia today discusses amendments to the 26th Section of the law “On banks and banking business” in their first reading: it is proposed to forbid militia (law enforcement authorities in Russia) to demand confidential information (bank secrecy) on legal entities’ and individual unincorporated entrepreneurs’ accounts from banks; deputies think that this privilege should be left to militia only for cases of tax audits.