Banking licence of OOO NKO Krasnoyarsk Territorial Settlement Center revoked
By its Order No. OD-914, dated 21 May 2021, the Bank of Russia revoked the banking licence of the Krasnoyarsk-based Limited Liability Company Non-Bank Credit Organization Krasnoyarsk Territorial Settlement Center, or OOO NKO Krasnoyarsk Territorial Settlement Center (Registration No.
The Bank of Russia made this decision in accordance with Clause 6.1 of Part 1 of Article 20 of the Federal Law ‘On Banks and Banking Activities’,2 based on the facts that NKO Krasnoyarsk Territorial Settlement Center:
- failed to comply with the anti-money laundering and counter-terrorist financing laws.
NKO Krasnoyarsk Territorial Settlement Center was involved in conducting large-scale non-transparent transactions for payments between individuals and illegal online casinos and bookmakers.
The Bank of Russia appointed a provisional administration3 to NKO Krasnoyarsk Territorial Settlement Center for the period until the appointment of a receiver4 or a liquidator.5 In accordance with federal laws, the powers of the credit institution’s executive bodies were suspended.
1 According to the financial statements as of 1 May 2021.
2 The Bank of Russia made this decision due to repeated violations during one year of the requirements provided for by Article 7.2 of the Federal Law ‘On Countering the Legalisation (Laundering) of Criminally Obtained Incomes and the Financing of Terrorism’.
3 In accordance with Bank of Russia Order No. OD-915, dated 21 May 2021.
4 In accordance with Articles 127 and 189.68 of the Federal Law ‘On Insolvency (Bankruptcy)’.
5 In accordance with Article 23.1 of the Federal Law ‘On Banks and Banking Activities’.
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