The Bank of England has removed some of the additional requirements to the subsidiary structure of the VTB Bank in London, said the Chairman of the Bank Herbert Moos.
" After the election of the President of Ukraine the Bank of England eased requirements. We are in constructive dialogue. A large part of the additional requirements charged, certain remaining on the way to the withdrawal ", - he said during the annual meeting of shareholders of VTB.
Western countries have imposed sanctions against the Russian Federation in connection with the situation in Ukraine and Russia over the Crimea. The head of VTB Andrei Kostin in April in an interview to Izvestia said that the Bank of England is putting pressure on the British " daughter " VTB, showing requirements that are incompatible with the regular practice of supervision. Anyway, VTB management said that until he sees no such threat, which would force the Bank to roll your own business in London.
According to Moos, except English regulator, VTB did not feel a serious pressure in any of the 23 countries of presence.
Kostin first claimed that VTB does not feel any pressure U.S. regulators on own business in USA.
International network of VTB group has at least 30 credit organizations and financial organizations not less than 20 countries.