Broker Univer Capital prepares bailout plan together with the Central Bank

Broker Univer Capital has reached a preliminary agreement with the Central Bank of Russia on the development of a rehabilitation plan, RBC writes with reference to the broker’s message.

“The company has reached a preliminary agreement with the Central Bank of Russia to prepare a plan of financial rehabilitation of the company,” Univer Capital said.

The management of the company and representatives of its clients will be involved in drafting the plan, from which a permanent supervisory board will be formed. Six people will become members of such a body, the company explained. On April 11, the broker held a meeting with them on “the current financial condition and a roadmap for further measures.”

“It was also decided to conclude an agreement with an auditing company (agreed with the Central Bank of Russia), which will control the distribution of client assets and audit the correctness of the distribution of transactions for the sale of client assets in the period from March 21 to April 11,” Univer Capital added.

At the end of March, broker Univer Capital reported that it had signs of bankruptcy and insufficient assets. In its turn, the broker’s subsidiary, Univer Savings LLC, notified of its intention to apply to the arbitration court to declare Univer Capital bankrupt.


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