OREANDA-NEWS. By its Order No. OD-629, dated 24 March 2015, the Bank of Russia suspended a licence to carry out mediatory activity as an insurance broker of the limited liability company National Financial House - Insurance Broker (registration number in the single state register of insurance agents is 4221).

The decision was taken due to the insurance agent's evasion to follow Bank of Russia directions and becomes effective as of the day of its publication.

The licence suspension means a ban on concluding new agreements to provide insurance broker services and also amendments leading to increased liabilities to the respective agreements.

The licence suspension does not incur a termination of the effective agreements to provide insurance broker services.

The insurance agent should eliminate the revealed violations within 10 calendar days from the date the Order takes effect.