21.01.2016, 00:56
Bank of Russia to First Hold Regional Off-Site Meetings
OREANDA-NEWS. Bank of Russia to first hold regional off-site meetings on financial market development strategy.
The first off-site meeting is to be held in Saint Petersburg on 19 January followed by discussions in Nizhny Novgorod, Yekaterinburg, Novosibirsk, Vladivostok, Rostov-on-Don, and Krasnodar. Sergey Shevtsov, First Deputy Governor of the Bank of Russia, Vladimir Chistyukhin, Deputy Governor, and heads of several megaregulator's departments and divisions will meet financial market participants, real sector representatives, and journalists.
At the meeting, participants will discuss Draft Guidelines for the Development and Stability of the Russian Financial Market in 2016-2018 published in December 2015. The document is worked out every three years in compliance with the Federal Law 'On the Central Bank of the Russian Federation (Bank of Russia)'. The new strategy determines the improvement of living standards and life quality of Russian citizens, growth and development of the real sector of the economy, and the arrangement of conditions for financial sector growth as priority objectives.
Following the discussions, the Bank of Russia expects to receive suggestions and comments to fine-tune the strategy and adjust it for the regional specifics of financial market operation and the practical experience of its participants.
Following the discussion with the professional community and the Government, the improved document will be presented to the Russian Government and the State Duma.
The first off-site meeting is to be held in Saint Petersburg on 19 January followed by discussions in Nizhny Novgorod, Yekaterinburg, Novosibirsk, Vladivostok, Rostov-on-Don, and Krasnodar. Sergey Shevtsov, First Deputy Governor of the Bank of Russia, Vladimir Chistyukhin, Deputy Governor, and heads of several megaregulator's departments and divisions will meet financial market participants, real sector representatives, and journalists.
At the meeting, participants will discuss Draft Guidelines for the Development and Stability of the Russian Financial Market in 2016-2018 published in December 2015. The document is worked out every three years in compliance with the Federal Law 'On the Central Bank of the Russian Federation (Bank of Russia)'. The new strategy determines the improvement of living standards and life quality of Russian citizens, growth and development of the real sector of the economy, and the arrangement of conditions for financial sector growth as priority objectives.
Following the discussions, the Bank of Russia expects to receive suggestions and comments to fine-tune the strategy and adjust it for the regional specifics of financial market operation and the practical experience of its participants.
Following the discussion with the professional community and the Government, the improved document will be presented to the Russian Government and the State Duma.
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