The Central Bank excluded two more companies from the register of auditors of OZO FR
The Bank of Russia has decided to remove Prom-invest-audit and RB from the register of organizations entitled to provide audit services to socially significant organizations in the financial market. Exclusion from the register means that companies lose the ability to enter into new contracts with supervised by the regulator.
The Bank of Russia has decided to remove Prom-invest-audit and RB from the register of organizations entitled to provide audit services to socially significant organizations in the financial market. Exclusion from the register means that companies lose the ability to enter into new contracts with supervised by the regulator.
The reason for the exclusion of the Prom-invest-audit was the repeated and gross violation by the company of mandatory requirements. When making the decision, the Bank of Russia took into account, among other things, the facts of non-conduct of mandatory audit procedures during the audit of the reports of Oil Resource and Cyrillica, compiled for 2025. This year, the Association of investors ABO appealed to the Chairman of the Central Bank Elvira Nabiullina with a request to file a lawsuit against the company “Prom-Invest-Audit” for issuing a deliberately false audit report “Oil Resource”.
RB loses the right to work with OZO FR due to “repeated gross violation by the Company of mandatory requirements, including in connection with the violation by the Company of the requirement to observe the confidentiality of information constituting audit secrecy”. These companies have been on the register since mid-2024.
Julia Poslavskaya
