The Bank of Russia revoked NS Bank's securities management license

The Bank of Russia has canceled the license of JSC "NS Bank" for securities management. This is stated on January 24 on the website of the regulator.

"The Bank of Russia on January 24, 2025 decided to cancel the license of a professional participant of the securities market to carry out securities management activities," - stated in a statement of the Central Bank (CB) of the Russian Federation.

Earlier, December 26, the Central Bank revoked the license for operations from the Moscow commercial bank Garant-Invest. It was noted that the reason was violations of federal laws regulating banking activities, as well as regulations of the Bank of Russia.