Uralfinance cant get license

Uralfinprombank admitted that the bank had introduced some limits on cashing their customers’ deposits in before the end of the deposit period. In order for the customer to cancel their deposit agreement and get the money back, they have to have some very grave reasons for doing so. In the meantime, imposing any limitations on cashing one’s deposit before the end of the deposit period is actually illegal and is a violation of the country’s Civil Code which states customers must be able to get their money back within one day of the application. ‘Nevertheless, the hype generated among

A number of Russian banks fail to meet the Federal Financial Market Service’s requirements aimed at counteracting laundering proceeds from criminal activity as well as terrorist financing, Vedomosti reports. So the Service’s management intends to take strict measures against the non-compliers. ‘We often refuse to approve of banks’ internal rules and policies that do not meet the legal requirements. At the moment, we just ask the banks to adjust their rules, but if we still find problems, we’ll take action and might even cancel a bank’s license,’ Vedomosti quotes Head of the Federal Financial

Federal Insurance Surveillance Agency annulled licenses of five insurers (Moscow-based Alfa Insurance Ltd., license С № 3960 77, registration No. 3960; Bask-Plus Insurance Company Ltd. based in Belovo, Kemerov Region, license 3520D, registration No. 3234; RAU-Garant Insurance Company based in Arkhangelsk, license 3935D, registration No. 1491; Rostok-MSK Medical Insurance Company Ltd. based in Irkutsk, license С № 2544, and Yekaterinburg-based Farn, license 3980D, registration No. 3653) and suspended the license of one insurance company (RiskMedia Management Insurance Company Ltd.. (license

Rosalcohol (the federal strong drinks market watchdog) decided to cancel the licenses of some Sverdlovsk Region-based strong drinks producers and traders for the time being. Among these companies are OOO Omega Spirits Group, whose license was halted on January 14, 2010, OOO Lux-Alco Trade Company, whose license was halted on January 14, 2010, OOO Invina-Opt, whose license was halted on March 22, 2010, OOO Beauty Therapy Center, whose license was halted on February 3, 2010, OOO Prometheus, whose license was halted on March 22, 2010, OOO Prodtechsnab, whose license was halted on March 22, 2010,

OAO Ural Airlines came up with a performance report for November and the eleven months of 2010 recently. The company served 1,678,999 passengers in January-November 2010, which was 21% better than a year earlier. The airline has reached such a turnover for the first time since it was set up. 636,942 passengers used the company’s international flights, 784,211 people flew around Russia, and 257,846 people flew to and from the CIS member states. As for the month of November, the passengers turnover went up as well and reached 115,430 passengers, which was 9% better than a year earlier. The