On striking off information from state register of microfinance organisations

On 23 October 2014, the Bank of Russia took a decision to strike off information from the state register of microfinance organisations on the Limited Liability Company Alternativa (PSRN 1137536000744).

The reason to take this decision was a repeated violation within a year of requirements of Federal Law No. 151-FZ, dated 2 July 2010, ‘On Microfinance and Microfinance Organisations’ and other regulations, notably:

• the organisation failed to provide data on amendments to its founding documents;
• the organisation failed to present documents containing statements on its microfinance activity and management personnel for 2013 and 2014 Q1.

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27.10.2014 00.00.00