MOSCOW, September 19. /TASS/. The Russian Federal Antimonopoly Service (FAS) fined Google 100,000 rubles ($1,559) for distributing advertisements for Ali Trade financial services, which does not have a license to conduct these activities, the FAS said on Thursday.

Earlier, the FAS commission found that Ali Trade ads run counter to the law on advertising, since the organization is not included in the register of licenses of joint-stock investment funds posted on the official website of the Central Bank and, therefore, does not have a license to carry out investment activities.

According to the report, the FAS imposed an administrative fine to the tune of 100,000 rubles ($1,559) on Google for disseminating improper advertising for the financial services of Ali Trade via Google AdWords.

Earlier, the FAS slapped Google with a 100,000-ruble fine for violating the law on advertising.
In late June, the FAS reported that over the past three years, the agency had fined Google for various violations to the tune of 438 mln rubles ($6.83 mln).