Control over the Bank’s activity on the securities market

Bank Vozrozhdenie is the professional participant of the securities market and carries out its activity on the securities market according to the licenses issued by the Federal Financial Markets Service (FFMS). According to the FFMS requirements every professional participant should mange the internal control over the compliance of its activity with the current legislating as well as over the compliance with internal regulations. The Controller of the professional participant is responsible for such control and should report to the Board of Directors about its activity on the quarterly basis.

The Controller carries out the following activity:

1. Takes control over the Bank’s compliance with the Russian legislation, in particular:
   • Accuracy of the Bank’s reports submitted to FFMS and their compliance with the Russian Federation legislation and timeliness of the report submission;
   • Compliance with the order and terms of information disclosure determined by the law of the Russian Federation for the professional participants of the securities market;
   • compliance of the Bank’s materials with advertisement with the requirements of the Russian legislation;
   • Observance of the FFMS instructions and Russian legislation in case of interrupting the Bank’s license(s) on carrying out the professional activity on the securities market.
2. Controls the Bank’s observance of Russian legislation related to operations on the securities market by means of carrying out selective revisions.

The Controller reports about the results of its activity to the Chairman of the Management Board and submits for consideration the Report on its activity to the Chairman of the Management Board and Bank’s Board of Directors at the meeting on quarterly basis.