BANKING SECRECY


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Abstract

The main principle of Bank secrecy is that it is confidenciales
and established between Bank and the client, in contrast to trade secrets.
The protection of trade secrets are absolute: one authorized
person who has the inaccurate information prevents the persons,
who is obliged to restrain from infringing on this information. The
approval of measures by its owner to protect its secrecy is considered
a mandatory feature of commercial secrets. The difference between a
Bank and commercial secret is very large, which does not allow to
ascribe the banking secrecy in the form of a commercial.

About the authors

E. S. Podbornova

Department of Economics of Innovations,
Samara University, 34, Moskovskoye shosse, Samara, 443086, Russian Federation.

Author for correspondence.
Email: morenov.sv@ssau.ru

References

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