Address to Correspondent banks and VTB contractors

On measures taken by JSC VTB Bank to prevent money laundering and terrorism financing

Please be advised that in fulfillment of the Federal Law "On Anti-Money Laundering and Terrorism Financing" and regulations of the Bank of Russia", VTB Bank Group consolidated policy on anti-money laundering and terrorism financing" (available at www.vtb.ru), "Rules of internal control on anti-money laundering and terrorism financing" and "Instruction on preparation and representation of information stipulated by the Federal law "On anti-money laundering and terrorism financing"  were developed and approved in JSC VTB Bank.
 
Andrey Petrov (tel. (495) 783-1922, fax (495) 783-1921, e-mail: QMC@msk.vtb.ru), Head of Banking Transactions Monitoring Division of JSC VTB Bank was made responsible for observing the rules of internal control over anti-money laundering and terrorism financing and executing related programs by the divisions of the Bank.
Please be informed that JSC VTB Bank does not establish and maintain relations with non-resident banks without any standing regulatory bodies on the territory of the countries of their incorporation.

JSC VTB Bank has no accounts in the banks registered in the countries, which do not abide by anti-money laundering and terrorism financing standards (if it is known from international sources).

Please be advised that under the Bank of Russia Regulation No. 283-P "On the Procedure for Formation by Lending Institutions of Reserves for Possible Losses" dated 20.03.2006, JSC VTB Bank has currently no requests from the taxation authorities to transfer payments to every budget of the Russian Federation budget system as well as governmental non-budgetary funds and has not received any regulation on sequestration of correspondent accounts in other banks. JSC VTB Bank will notify you of any changes introduced into the information above.

Looking forward to mutually beneficial cooperation.