The Central Bank revoked the license of the Moscow Bank «Overcoming»

© RIA Novosti / Natalia to Seliverstova in fotobanka the building of the Central Bank of Russia on Neglinnaya street in Moscow. Archival photoThe Central Bank revoked the license of the Moscow Bank «Overcoming»© RIA Novosti / Natalia to Seliverstova the image Bank

The Bank of Russia from December 22, withdrew the license for banking operations of the Moscow Bank «Overcoming», is spoken in the message of the regulator.

As noted by the Central Bank, the activities of the Bank revealed numerous violations of the legislation and statutory acts of Bank of Russia in the field of combating the legalization (laundering) of incomes obtained in a criminal way and financing of terrorism in terms of timely submission and accuracy EN route to the authorized body information on operations subject to mandatory control.

In addition, in the course of supervision over activities of credit institutions established facts of the «shadow» foreign exchange transactions, are not reflected in accounting and reporting to the regulator.

«The management and owners of Bank didn’t take effective measures on normalization of its activity. In the circumstances, the Bank of Russia took a decision to withdraw the CB Preodolenie from the market of banking services», — stated in the message.

In connection with the revocation of the license for banking operations is revoked, the license of the credit organisation of professional activity on the securities market. The Bank appointed a temporary administration.

The Bank is the participant of system of insurance of contributions. By total assets, according to Central Bank data, the Bank on 1 December took the 436-th place in the Russian banking system.

The Central Bank revoked the license of the Moscow Bank «Overcoming»Go to fotobanka.cz the licenses of banks of Russia

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