Zapsibcombank loses securities license

Russia’s Federal Financial Markets Service annulled the license of Tyumen-based OOO Forum Holding Plus allowing it to deal in brokerage operations and the license of Tyumen-based OAO Zapsibcombank allowing it to deal in securities management.

The decisions were made on the basis of the two companies’ applications as well as proofs of the organizations having no unmet liabilities as regards their professional activity, the Service reports.