Credinform has joined the Business Information Industry Association (BIIA)

Information agency Credinform is glad to inform that in November we have joined the Business Information Industry Association – BIIA – as a full member.

BIIA was formed in 2005 in Hong Kong as a result of an initiative by several leading business information content services companies and three information content consultancy firms however in the meantime BIIA’s charter has become increasingly global. Today BIIA has over 50 members and is affiliated with large number of industry associations providing a significant platform for networking.

To promotion and protection of the Business Information Industry as well as interests of its members is also given priority in the BIIA activity.

Being a member of the BIIA Credinform hopes to intensify its global presence and promote its modern & flexible approach and experience as a credible business information provider in Russia.

New inspection rules are introduced for the monitoring authorities

As of November 15, 2014 the Federal Law № 307-FZ came into force. According to the law, the regulatory regime made by the monitoring authorities was changed.

The business community has been complaining for a long time about the immense amount of inspections on the part of monitoring authorities, damping the economic development of the country. Recently, the state authorities carry out an immense amount of extraordinary inspections apart from the scheduled ones. At the same time, it is impossible to learn about the data on the control activity preliminary. The adopted law doesn’t contain the information on the reduction of the number of extraordinary inspections, however the reason for visiting should be clearly defined and the company should be preliminary informed.

During the annual state-of-the nation address the President told about the necessity to free the business from the obsessive inspection and control. The Head of the state offered to make the business inspections public and what is also important to introduce “monitoring holidays” for the term of three years for the small businesses with a good standing. Putin also noted that in the next year the special register is going to be brought into operation. It will contain the data about the particular authority and particular purpose of initiating the inspection, and what results were obtained.

The adopted law imposes ban on the demanding of the documents being irrelevant to the inspection subject. However, the list of questions relevant to the inspection subject is not specified in the law. By all means, the connection between the cause for inspection and the list of the demanded documents should be visible. However, the law doesn’t specify how to distinguish what is relevant to the inspection subject and what the taxation authorities are not entitled to demand for.

One more statutory provision says that if the expiration of instruction to eliminate company’s violations is the reason of carrying out of the extraordinary inspection, the subject of such inspection may be only the execution of this instruction. In other words, the inspectors should only monitor the fact that the violation is corrected without having delving the company’s activity. However, as a matter of practice this provision will scarcely save the company from the excessive attention of the inspectors, as there are no limitations concerning the fact that extraordinary inspections can be carried out only for this reason. It means that the inspectors may monitor the activity of the company to the extent they consider necessary.

In addition, the President stated his willingness to build trust partnership relations between business community and the state, and mentioned that the accusatory tendency in the work of the monitoring authorities should be broken.

In the Globas-i® system there is an opportunity to observe inspections of the company which were planned by the monitoring authorities and the month they are to be carried out. According to the business entity inspection master plan of the Office of the Procurator General of the RF, the system was filled with the inspections plans of the Federal Tax Service, the State Labor Inspectorate, the Federal Service of State Registration, the Land Register and Mapping, the Federal Service for Ecological, Technological and Atomic Supervision, the Ministry of Emergency Situations of Russia, Russian Federal Consumer Rights Protection and Human Health Control Service, regional administration, housing inspectorates and other monitoring authorities.