Partner, Financial Advisory Services
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In banking operations, the strategy for managing non-core and other problem assets plays a critical role. This is driven by regulatory requirements under Central Bank of Russia Regulation No. 611-P dated 23 October 2017, which mandates the creation of provisions for potential losses related to non-core activities of credit institutions. The provision requirements depend on how long such assets have been held on the bank’s balance sheet. Provisions can only be discontinued if the non-core asset is sold on the market.
Оther services
Audit of financial statements prepared under Russian or industry-speci...
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Audit and review of IFRS financial statements
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IFRS-related advisory services
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Internal control and internal audit assessment
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Risk and capital management assessment and optimisation
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Optimisation of business processes and internal regulations
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Development of operational risk management methodology
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Implementation of operational reliability requirements
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Independent assessment of the credit institution’s compensation syst...
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Optimisation of compensation systems and incentive schemes
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Implementation of GOST R 57580.3-2022 / GOST R 57580.4-2022 and Bank o...
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Tax and accounting advisory
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Financial, tax, and legal due diligence
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Loss estimation, financial and economic examination
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