On revocation of banking licence from the credit institution Stolichnaya Raschetnaya Palata and appointment of provisional administration
By its Order No. OD-4697, dated 22 December 2016, the Bank of Russia revoked the banking licence from the Moscow-based credit institution Non-bank Credit Institution Stolichnaya Raschetnaya Palata, limited liability company, or NCI Stolichnaya Raschetnaya Palata LLC (Registration No.
The Bank of Russia took such an extreme measure — revocation of the banking licence — because of the credit institution’s failure to comply with federal banking laws and Bank of Russia regulations, repeated violations within a year of the requirements of Article 7 (except for Clause 3 of Article 7) of the Federal Law ‘On Countering the Legalisation (Laundering) of Criminally Obtained Incomes and the Financing of Terrorism’, and application of supervisory measures envisaged by the Federal Law ‘On the Central Bank of the Russian Federation (Bank of Russia)’, given a real threat to creditors’ interests.
NCI Stolichnaya Raschetnaya Palata LLC did not comply with the requirements of the legislation on anti-money laundering and the financing of terrorism with regard to proper notification of the authorised body about operations subject to obligatory control. Besides, the credit institution was involved in dubious transit operations. The management and owners of NCI Stolichnaya Raschetnaya Palata LLC did not take efficient and sufficient measures to bring its activity back to normal. Under such circumstances the Bank of Russia decided to remove the credit institution from the banking market.
By its Order No. OD-4698, dated 22 December 2016, the Bank of Russia has appointed a provisional administration to NCI Stolichnaya Raschetnaya Palata LLC for the period until the appointment of a receiver pursuant to the Federal Law ‘On Insolvency (Bankruptcy)’ or a liquidator under Article 23.1 of the Federal Law ‘On Banks and Banking Activities’. In accordance with federal laws, the powers of the credit institution’s executive bodies are suspended.
According to the financial statements, as of 1 December 2016, NCI Stolichnaya Raschetnaya Palata LLC ranked 613th by assets in the Russian banking system.
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22.12.2016 00.00.00