The Central Bank revoked the licenses of three NPF due to violations

The Central Bank revoked the licenses of three NPF due to violations


Licenses have lost NPF “Blagovest”, NPF “the guarantor-Prof” and NPF “the Quiet don” who had not fulfilled the requirements of the regulator. The organization appointed a temporary administration.

MOSCOW, 3 Nov. The Bank of Russia revoked the licenses NPF “Blagovest”, NPF “the guarantor-Prof” and NPF “the Quiet don” for the violations, is spoken in the message of the regulator.

In particular, NPF “Blagovest” has lost the license due to violations related to the disposal of pension savings funds, with the disclosure of information, as well as the failure to perform the requirements of the Central Bank.

The firm “trade Union of non-state pension Fund “Garant-Prof” has violated the prohibition of the Bank of Russia to conduct operations, admitted irregularities in the disposal of pension savings, repeatedly within a year violated the requirements on information disclosure.

NPF “the Quiet don” is also not performed previously made by the regulator requirements.

In all three funds appointed a temporary administration. The Bank of Russia will compensate to the insured persons specified funds pension funds.