On striking off information from state register of microfinance organisations

On 24 December 2015, the Bank of Russia took a decision to strike off from the state register of microfinance organisations the information on Management Company Dengi srazu, limited liability company (PSRN: 1136194001778).

The decision was based of the repeated violations within a year of the requirements of Article 15 of Federal Law No. 151-FZ, dated 2 July 2010, ‘On Microfinance Activities and Microfinance Organisations’, Bank of Russia Regulation No. 3263-U, dated 17 May 2014, ‘On the Form and Terms for Submitting Documents Containing a Report on Microfinance Activities and a Report on the Management Personnel of a Microfinance Organisation to the Bank of Russia’, Bank of Russia Ordinance No. 3321, dated 15 July 2014, ‘On the Procedure for Making by Microfinance Organisations Provisions for Possible Loan Losses’, as well as on the submission of essentially invalid reported data.

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24.12.2015 00.00.00