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On cancelling licence of management company

3 April 2015
Press release

On 3 April 2014, the Bank of Russia took a decision to cancel licence to manage investment funds, unit investment funds and non-governmental pension funds (hereinafter, the Licence) of the limited liability company Management Company Kamincenter Asset Management (hereinafter, the Management Company) (abbreviated name: LLC MC KamAs Management; location: 6 Prospekt Hasana Tufana, the town of Naberezhnye Chelny, the Republic of Tatarstan, 423810; PSRN: 1031616047473; TIN: 1650108797; Licence No. 21-000-1-00660 dated 11 September 2009).

The reasons to cancel the Licence issued to the Management Company are as follows:

— repeated non-compliance within a year by the Management Company with Bank of Russia instructions when conducting activity envisaged by the Licence;

— repeated violation within a year for more than 15 working days of terms for submitting the reports stipulated by the federal laws and regulations of the Russian Federation, including the regulations of the Bank of Russia, when conducting activity envisaged by the Licence;

— repeated violation within a year of information disclosure requirements stipulated by the federal laws and regulations of the Russian Federation, including the regulations of the Bank of Russia, when conducting activity envisaged by the Licence.


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03.04.2015 00.00.00