On withdrawal of licences issued to closed JSC Risk-Invest, professional participant of the securities market, to carry out broker, dealer activities and operations to manage securities

The Bank of Russia took a decision to withdraw the licences to carry out broker, dealer activities and operations to manage securities from the closed joint-stock company Risk-Invest (hereinafter referred to as ‘company’).

The reason to take this decision was multiple violations within a year of the requirements of securities market legislation of the Russian Federation including regulations of the federal executive body namely:

— the company repeatedly failed to receive mail to the address (location) of the company;

— the website of the company had no information about the dates of disclosure of information about calculation of amount of its own funds.

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08.05.2014 00.00.00