The National Council of the Financial Market (NSFR) appealed to the State Duma with a request to provide banks with access to information on the poor.
The document indicates that without operational information on the beneficiaries of social support, financial institutions will not be able to track who retains the right to preferential social contributions, which they plan to launch from mid-2024.
According to Andrey Yemelin, president of the National Service for Financial Markets, banks will initially be able to confirm the state of the financial situation of needy clients who want to take advantage of the benefit using the portal of public services. But then it will be possible to clarify this status only after a year, when the social contribution has already expired.
Such an order may lead to abuse of the right to social support by some clients. In other words, a person can lose the condition of being poor within a year, but keep the corresponding benefit.
Anatoly Aksakov, Chairman of the Duma Committee on Financial Markets, said that now the bill on social contributions is in the spotlight of deputies. It is expected to be approved on first reading in the fall session.