The Central Bank of Russia cancelled a license held by Trans-Baikal-based Bank Nadezhnost (Kurgan, Registration No. 2425), the regulator’s press service reported.
Based on the Bank of Russia’s data, Bank Nadezhnost failed to observe requirements of anti-money laundering laws, failing to timely provide authorities with data on operations that are subject to mandatory supervision.
The lending institution got involved in large-scale suspicious transactions. The bank’s executives and owners took no actions to normalize its activities, the Bank of Russia noted.
