NEW LEGAL MEASURES TO LIMIT RISKS FOR BORROWERS
Abstract and keywords
Abstract (English):
n June 2024, President of the Russian Federation Vladimir Putin signed Federal Law No. 151-FZ «On Amendments to Certain Legislative Acts of the Russian Federation», which provides for a significant limitation of risks for borrowers — individuals and borrowers — small and medium-sized businesses with a possible increase in interest rates.

Keywords:
loan agreement, variable interest rate, credit market, borrower’s debt burden, interest rate risk, credit risk
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