Subsidiary organization Bank VTB (Kazakhstan) drawn to administrative responsibility

13.08.15 17:06
/KASE, August 13, 15/ โ€“ Subsidiary organization JSC Bank VTB (Kazakhstan) (Almaty), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has by an official letter informed KASE of the following: quote Information about drawing SO JSC Bank VTB (Kazakhstan) to administrative responsibility: ----------------------------------------------------------------------------------------- Name of Date, number of government decision of authority that government Subject of administrative sanction ruled authority (body of administrative violation) drawing to on drawing to with indication of article of administrative administrative Kazakhstan's Administrative responsibility responsibility Violations Code -------------------- ------------------ ------------------------------------------------- Almaty Special Resolutions Administrative violation taking form of violation inter-district No. 10-674-10-678 of laws of Republic of Kazakhstan, namely administrative court of 28.07.2015 art. 10 of the Act of Republic of Kazakhstan (effective as ofโ€“ "On countering legalization (laundering) of 10.08.2015) incomes received illegally, and against financing of terrorism, for which is responsibility is provided according to part 1 of article 214 of Kazakhstan's Administrative Violations Code โ€“ violation in form of non-provision by Subsidiary Organization JSC Subsidiary Organization JSC VTB Bank (Kazakhstan) Bank (Kazakhstan) of information on transactions subject to financial monitoring, reports were untimely provided and sent to the Committee of financial monitoring of Kazakhstan's Ministry of finance. administrative sanction of 1100 MCI, i.e. KZT2,180,200. ----------------------------------------------------------------------------------------- unquote [2015-08-13]