Registration (entry into the register) of investment platforms: key stages
Investment platform operators (IPOs) are required to meet a number of requirements, including the availability of qualified specialists, compliance with business reputation standards and financial stability.
To start the IPO, it is necessary to enter information about the platform in the register of the Bank of Russia. This is not licensing, but a mandatory procedure that includes the preparation of a set of documents and their verification by the regulator.
The Bank of Russia checks the applicant for compliance with the established conditions, as well as the accuracy of the data provided. The notification of the start of the inspection is sent to the applicant 3 business days before it starts.
The process is regulated by the Instruction of the Bank of Russia dated 04.12.2019 No. 5342-U "On the procedure for maintaining the Register of Investment Platform Operators".
Required documents and requirements
After registration, operators are required to protect investors' rights, disclose information, and comply with legal regulations.
Key documents that need to be prepared:
The rules of the investment platform are the internal regulations governing interaction with investors and the terms of service.
Conflict of Interest Management Policy is a document that defines procedures for preventing and resolving conflicts between the operator and investors.
Internal control rules – ensure compliance with legislation, including Law No. 115-FZ, protection of investors' rights and fraud prevention.
The personal data processing policy must comply with the requirements of Federal Law No. 152-FZ of 27.07.2006.
Integration with credit bureaus – the operator is required to provide information to at least one BCI in accordance with the law "On Credit Histories".
Documents on the special official responsible for countering money laundering and money laundering, as well as the financing of terrorism (AML/CFT).
Documents confirming that the operator of the investment platform has its own capital in the amount prescribed by law.
Risks and consequences of document inconsistencies
If the documents do not comply with the requirements of the Bank of Russia, the applicant may face:
By refusing to register, the platform will not be able to start its activities.
Return of documents – in case of absence of necessary papers or their inconsistency.
Delays – resubmitting the application will require additional time and resources.
The Bank of Russia is obliged to notify the applicant of the reasons for the refusal or return of the documents, which allows for the prompt elimination of deficiencies.
How can I simplify the registration process?
We have developed a document builder based on the Botman.one platform, which allows you to quickly and cost-effectively prepare all the necessary documents for the inclusion of the operator of the investment platform in the register of the Bank of Russia.
Our templates are based on verified documents that have already been approved by the Central Bank of the Russian Federation. This minimizes the risk of errors and speeds up the registration process.
Advantages of using Botman.one
Save time by providing ready–made document templates that meet the requirements of Federal Law No. 259-FZ.
Cost reduction is a budget solution for document preparation.
Risk minimization – verified documents approved by the Bank of Russia.
Process automation is a convenient tool for legal support.
Adding an investment platform to the register of the Bank of Russia is a complex but necessary process. To avoid mistakes and save resources, order us to prepare documents, and our document designer, made on the Botman.one platform, will ensure their preparation quickly and on a budget.
We will help you prepare all the necessary documents and register at no extra cost.
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