Central Bank Revokes License of 'Tsifrovye Resheniya'
The Central Bank of Russia revoked the banking license of the Moscow-based non-bank credit organization 'Цифровые решения' due to repeated violations of banking laws and failure to comply with anti-money laundering and counter-terrorism financing regulations.
Consensus
- The Central Bank of Russia revoked the license of 'Цифровые решения' to conduct banking operations.
- The organization was a non-bank credit institution (RНKO) based in Moscow.
- The company ranked 288th by asset size in the Russian banking system.
- The license revocation was due to repeated violations of federal banking laws and regulations.
- The organization failed to comply with requirements related to anti-money laundering and counter-terrorism financing.
- The company conducted suspicious client transactions and failed to timely report them to the authorized body.
- A temporary administration has been appointed to manage the organization until a bankruptcy trustee or liquidator is appointed.
- The executive bodies of the organization have been suspended from their duties.
- The decision was made under Article 20, paragraph 6 and 6.1, part 1 of the Federal Law 'On Banks and Banking Activities'.
Points of divergence
- The organization systematically violated banking legislation and regulatory acts, and was repeatedly sanctioned over the past year. — riamo
- The leadership and owners of the organization did not take effective measures to prevent its involvement in suspicious operations. — vm
- The Central Bank previously revoked licenses from 'Банк РМП' and 'АЛОР+' in the same year. — vedomosti
Coverage (6 sources)
- Central Bank revoked license of 'Digital Solutions' for suspicious transfers — РИАМО
- Credit company "Digital Solutions" lost its license for banking operations — Вести
- Bank of Russia withdrew license from RNC «Digital Solutions» — Коммерсантъ
- Central Bank of Russia withdrew license from RNC «Digital Solutions» — Вечерняя Москва
- Central Bank withdrew license from RNKO "Digital Solutions" — Ведомости
- Central Bank of Russia withdrew banking operations license from RNC "Digital Solutions" — ТАСС (Telegram)