On cancelling licence to manage investment funds
16 October 2014
Press release
On 13 October 2014, the Bank of Russia took a decision to cancel the licence to manage investment funds, unit investment funds and non-governmental pension funds (hereinafter, the Licence) of Management Centre Management Company, limited liability company (hereinafter, Management Company) (PSRN: 1127746356616).
The reason to cancel the Licence was the Management Company’s failure to carry out the activity envisaged by the licence for more than 18 months.
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16.10.2014 00.00.00