State Commission for Regulation of Financial Services (Financial Services Commission) of Ukraine has introduced a temporary administration in CJSC Insurance Company Galaxy (Kiev), told Interfax-Ukraine in the commission.
Transitional Administrator for a period of three months was appointed Victor Dolnik.
The report notes that the decision to impose an interim administration made in connection with systematic violations of SC Galaxy Gosfinuslug requirements stipulated by the law On financial services and state regulation of financial services markets.
Commission Regulation № 751 of 15oktyabrya whole of the UK government Galaxy (Chairman Maxim Udovychenko and other members of the Board), as well as the whole of the supervisory board dismissed from the company's management.
As reported in the Financial Services Commission on 1 October, decided to revoke all licenses issued by the company for insurance activities.
effect all licenses SK Galactica has been suspended by a decision of the Commission on 2 July 2009 in connection with violation of the insurer under existing legislation.
main shareholder and board chairman SK Galaxy Maxim Udovychenko in late August this year announced its readiness to allocate 70% of the shares for investors who agree to support the company's solvency. Today I have 70% of companies actually give the investor to meet its obligations, - he said, adding that negotiations with the investor already started.
SC Galactica was established in 1998. Specializes in risk insurance. The company carried out 25 types of insurance on the basis of 13 licenses.
regional network company has 39 agencies in all regions of Ukraine.
capital SC The galaxy is 50 million grn.
Oil paper that held the whole day better than the market, closer to the closing of steel take the position: Gazprom (-2,5%), Rosneft (-1.3%)
Quarterly reporting Citigroup
Quarterly Reports First Horizon National
Ukrtatnafta demands arrest of two of its debtors property
Nadra Bank restructured 70% of the debt issuance of domestic bonds
In September, the Ukrainians took off not only the hryvnia, and foreign currency deposits
Poland started a privatization
Lower oil prices led to Russia's market correction, which may continue and next week
U.S.: Financial Results General Electric and Bank of America distressed investors
Financial Services Commission introduced a temporary administration in the UK Galaxy
State Commission for Regulation of Financial Services (Financial Services Commission) of Ukraine has introduced a temporary administration in CJSC Insurance Company Galaxy (Kiev), told Interfax-Ukraine in the commission.
Transitional Administrator for a period of three months was appointed Victor Dolnik.
The report notes that the decision to impose an interim administration made in connection with systematic violations of SC Galaxy Gosfinuslug requirements stipulated by the law On financial services and state regulation of financial services markets.
Commission Regulation № 751 of 15oktyabrya whole of the UK government Galaxy (Chairman Maxim Udovychenko and other members of the Board), as well as the whole of the supervisory board dismissed from the company's management.
As reported in the Financial Services Commission on 1 October, decided to revoke all licenses issued by the company for insurance activities.
effect all licenses SK Galactica has been suspended by a decision of the Commission on 2 July 2009 in connection with violation of the insurer under existing legislation.
main shareholder and board chairman SK Galaxy Maxim Udovychenko in late August this year announced its readiness to allocate 70% of the shares for investors who agree to support the company's solvency. Today I have 70% of companies actually give the investor to meet its obligations, - he said, adding that negotiations with the investor already started.
SC Galactica was established in 1998. Specializes in risk insurance. The company carried out 25 types of insurance on the basis of 13 licenses.
regional network company has 39 agencies in all regions of Ukraine.
capital SC The galaxy is 50 million grn.
Oil paper that held the whole day better than the market, closer to the closing of steel take the position: Gazprom (-2,5%), Rosneft (-1.3%)
Quarterly reporting Citigroup
Quarterly Reports First Horizon National
Ukrtatnafta demands arrest of two of its debtors property
Nadra Bank restructured 70% of the debt issuance of domestic bonds
In September, the Ukrainians took off not only the hryvnia, and foreign currency deposits
Poland started a privatization
Lower oil prices led to Russia's market correction, which may continue and next week
U.S.: Financial Results General Electric and Bank of America distressed investors