OREANDA-NEWS. August 04, 2010. Mezhprombank has filed a lawsuit against the FFMS to the Moscow Arbitration Court against. The bank claims that the FFMS’s ruling to fine it RUB 700,000, made July 15, be declared invalid. We recall that Mezhprombank had submitted to the FFMS the Internal Supervision Rules Concerning the Counteraction of the Laundering of the Proceeds of Crime.

The regulator did not authorize the document and issued a ruling to the bank, saying the Rules should be brought in accord with the requirements of Russian law. Mezhprombank failed to meet the requirement, and was penalized. “The central bank and the FFMS have different requirements for the reconciliation of internal supervision rules”, Mezhprombank press-secretary, Dmitry Morochenko said. Similar fines were imposed on VTB 24 (RUB 700,000) and BSGV (RUB 500,000).