On cancelling licence of NPF and appointing provisional administration
By its Order No. OD-3647, dated 17 December 2015, the Bank of Russia cancelled the licence to carry out pension provision and pension insurance of the joint-stock company Non-governmental Pension Fund Novy Vek OPS (PSRN: 1157700015527; TIN 7736253589).
This decision was taken following the violation of Federal Law No.
Due to the licence cancellation, by it Order No. OD-3649, dated 17 December 2015, the Bank of Russia appointed a provisional administration to manage the joint-stock company Non-governmental Pension Fund Novy Vek OPS.
The Bank of Russia will indemnify pension savings to policy holders in the amount and under procedure stipulated by the Russian law.
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