OREANDA-NEWS. The Bank of Russia decided to impose a six-month ban on Non-governmental Pension Fund Imperia (PSRN: 1023403433900; TIN: 3444042495):

to enter into new pension agreements and obligatory pension insurance agreements;

to make deals for direct placement of pension reserves and to meet obligations under such deals;

to transfer pension reserves and pension savings in trust management of management companies;

to write off funds from pension accounts, excluding write-offs aimed at payment of non-governmental pension, accumulative part of the pension, payments to legal successors (individuals) and transfer of funds (portion of funds) of maternity benefit due to the refusal of the policy holder from the accumulative part of the pension or in case of the insured person’s death.

This decision is taken due to the fund’s failure to meet the Bank of Russia instruction to remove violations of the Russian legislation.