On cancelling licence of specialized depository

On 12 December 2014, the Bank of Russia took a decision to cancel a licence of a specialised depository of investment funds, unit investment funds and non-governmental pension funds issued to the Investment bank Buzulukbank, open joint-stock company (hereinafter, the Specialised Depository) (PSRN: 1025600002064; licence No. 22-000-1-00111, dated 6 May 2013).

The reason to cancel the licence issued to the Specialised Depository was the non-engagement in licenced activity for more than 18 months.

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16.12.2014 00.00.00