Full company name: Ernst & Young Vneshaudit LLC (INN: 9705059497, OGRN: 1167746123478).
Location: 77, Building 1, Sadovnicheskaya naberezhnaya, Moscow, 115035, Russia
Full name of the self-regulatory organisation of auditors of which the auditor is a member: Non-commercial partnership Audit Chamber of Russia
Location of the self-regulatory organisation of auditors of which the auditor is a member: 3/9, 3rd Syromyatnicheskiy pereulok, Moscow, 105120, Russian Federation
- Ms Zaychikova, Yevguenia Vladimirovna, Partner;
- Ms Klementieva, Mariana Valentinovna, Manager; and
- Ms. Ratinskaya, Anna Vadimovna, Senior Manager.
The fee for the audit of the annual accounting (financial) statements of Moscow Exchange and of the consolidated statements of Moscow Exchange Group for 2015 was RUB 3,940,000, excluding VAT.
Ernst & Young Vneshaudit LLC rendered no other services to Moscow Exchange in 2015 beyond audit services.
External auditor selection procedure
In accordance with the Regulations on the Auditor Selection Commission and the Moscow Exchange Auditor Selection Procedure, the auditor shall be selected every three years. At the same time the number consecutive of years In accordance with the Moscow Exchange Regulations on the Auditor Selection Commission and the Auditor Selection Procedure, the auditor shall be selected every three years. However, the number of consecutive audit years by one organization may not exceed six years, or two auditor selection periods. In 2014, the auditor selection process was held for
In accordance with the Moscow Exchange Regulations on the Auditor Selection Commission and the Auditor Selection Procedure, the Supervisory Board Audit Commission shall nominate candidates to the Auditor Selection Commission of the Moscow Exchange and Group companies (hereinafter referred to as at „The Auditor Selection Commission”), recommend to the Moscow Exchange Executive Board a candidate for the Deputy Chairman of the Auditor Selection Commission and approve the Technical Requirements for the Auditor to audit the Exchange and Group companies, as well as the Regulations on the Evaluation of Proposals for the Selection of Auditor for the Moscow Exchange and Group companies. The Auditor Selection Commission shall comprise an odd number of members, but no more than seven and not less than three Commission members, with the Chairman of the Supervisory Board Audit Commission acting as the Chairman of the Auditor Selection Commission.
Considering that according with the Regulations and Technical Requirements, the winning organization shall be recommended to the Group companies as an independent auditor, representatives of the Group companies — NSD and NCC Bank — shall be elected to the Auditor Selection Commission.
In accordance with the Technical Requirements for Auditor Selection and Regulations of Evaluating Auditor Selection Proposals, the Moscow Exchange Auditor Selection Commission shall hold a tender to select the auditor and recommend two potential candidates to the Supervisory Board Audit Commission, which shall present the auditor selection recommendation to the Supervisory Board, which, in turn, shall present the relevant recommendations to the Annual General Meeting of Shareholders.
The final decision on the auditor selection shall be adopted by the Annual General Meeting of Shareholders.