Kutafin University Law Review


In issue 2 on 2016 year

COUNTER GUARANTEE: LEGAL REGULATION AND PROBLEMS OF APPLICATION BY RUSSIAN BANKS

DOI: 10.17803/2313-5395.2016.2.6.331―346

Author: Diana Alexeeva , Irina Mikheeva

Rubric: LEGAL REGULATION OF ECONOMIC RELATIONSHIPS: THEORY AND PRACTICE

Annotation: In the paper the issues of legal regulation of counter guarantees (indirect guarantees) in Russia and the problems of their application by Russian banks are considered. On the basis of the conducted research of international instruments, the Russian legislation and court practice, authors explain the legal basis of counter guarantees, reveal legal risks in case of their use in banking practice, offer the ways of minimizing.


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Keywords: Сounter guarantee, banking legislation, banks, the Central Bank of the Russian Federation, principal.

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