Russian Federation : IOSCO Objectives and Principles of Securities Regulation
An assessment of the level of implementation of the International Organization of Securities (IOSCO) principles in the Russian Federation was conducted from February 3 to 16, 2016 as part of the financial sector assessment program (FSAP) by Richard...
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| Language: | English |
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International Monetary Fund, Washington, DC
2017
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| Online Access: | http://documents.worldbank.org/curated/en/177691511154872601/Russian-Federation-Detailed-assessment-of-implementation-IOSCO-objectives-and-principles-of-securities-regulation http://hdl.handle.net/10986/28975 |
| Summary: | An assessment of the level of
implementation of the International Organization of
Securities (IOSCO) principles in the Russian Federation was
conducted from February 3 to 16, 2016 as part of the
financial sector assessment program (FSAP) by Richard Pratt
and Richard Britton, both external Monetary and Capital
Markets Department experts. Central Bank of the Russian
Federation (CBR) has created a three-year strategy on
financial market development and stability; one of its goals
for the period of 2016-18 is creating conditions for the
growth of the financial industry. The assessment was
conducted based on the IOSCO principles and objectives of
securities regulation approved in 2010 and its methodology
adopted in 2011 and updated in 2013. Principle 38 was not
assessed since this principle is now covered under the
principles for financial market infrastructures (PFMI). As a
result, issues related to the central counterparties are not
covered in this assessment. |
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