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FBK Participates in Audit of Bank of Russia

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The Russian FBK law firm has participated in an audit of the Bank of Russia, reviewing its financial documents for 2013.

FBK was part of consortium along with PwC, which audited and expressed a qualified opinion that the annual financial statements of the Bank of Russia, in all material respects, fully complied with the "On the Central Bank of the Russian Federation (Bank of Russia)" law, the "On accounting" law, and the Bank of Russia's internal rules

According to FBK Partner and Vice-President for Audit and Consulting Services to Financial Institutions Alexey Terekhov, this was the first time an audit report has been signed by both FBK and PwC. This is eighth audit of the Bank of Russia FBK has participated in.