FAS instituted proceedings on the application of SRO AFD

05 December 2017
The Association of Forex Dealers applied to the Moscow OFAS Russia on the fact that the company "Nefteprombank" advertised in the Yandex.Direct system since March 2017.

Based on the text of advertising, the object of advertising is the services of forex dealers.
Production is commenced on the grounds of violation of the legislation of the Russian Federation on advertising, namely, clause 7 of Article 7, parts 5.1 and 14 of the Law on Advertising. Persons whose actions contain signs of a breach of the law are LLC Yandex and JSC Nefteprombank.

The first meeting is scheduled for December 26, 2017.
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