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THE CENTRAL BANK FILED A BANKRUPTCY LAWSUIT AGAINST THE MOSCOW BANK GARANT-INVEST

... Garant-Invest's license was revoked on December 26. According to the regulator, the bank has repeatedly violated the law and regulatory acts of the Central Bank of the Russian Federation. This undermined his financial stability. During the year, the Bank of Russia took measures of influence, including restrictions on attracting depositors, but these efforts did not lead to stabilization. The critical point was the identification of a major shortage in the bank's store of valuables. Following an unscheduled ...

THE CENTRAL BANK AND THE NATIONAL SETTLEMENT DEPOSITORY AGAINST EUROCLEAR BANKRUPTCY

The Central Bank and the National Settlement Depository (NSD) did not support the bankruptcy of the European depository Euroclear in court. According to Interfax, the Bank of Russia believes that Euroclear has no signs of insolvency according to the criterion of insufficient funds. According to the representative of the Central Bank, the transfer of funds held in special accounts to the bankruptcy estate would violate ...

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