On cancelling licences of professional securities market participant

The Bank of Russia took a decision to cancel licences of professional securities market participant to carry out broker and dealer activities, securities management, and depositary activity of Prometey Holdings Investment Company, limited liability company (hereinafter, the Company).

The reasons to take such decision were repeated violations within a year of the requirements of the Russian securities legislation, namely:

the Company failed to enable the Bank of Russia to carry out supervision;

the Company repeatedly failed to submit calculations of its equity to the Bank of Russia;

the Company failed to submit information on the company structure to the Bank of Russia;

the Company failed to submit reporting form 1100 to the Bank of Russia.

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01.10.2014 00.00.00