MIFC: Key Facts

A source of basic facts about the International Financial Centre in Moscow

MIFC Roadmap

03.11.2015 MIFC / Moscow

MIFC Roadmap: Making progress.
October 2015

01.07.2013 MIFC / Moscow

MIFC Roadmap

01.07.2013 MIFC / Moscow

Interview with Alexander Voloshin

Events Calendar

March 2019

Media Coverage

29.01.2014 / Interfax

Russia #3 Worldwide in Foreign Direct Investment

FDI in developing and transitional economies hit record highs in 2013, according to United Nations Conference on Trade and Development (UNCTAD) report.

06.04.2013 / Kommersant

Central Bank Builds Financial Center

FFMS merger with the CB will significantly improve regulation – as expected by reform participants and instigators alike. Yesterday the Bank of Russia, FFMS and Minfin reps made a public presentation of the financial megaregulator, as the process has entered implementation stage. In the meantime, MIFC mastermind Alexander Voloshin sees the future unification of oversight as a key milestone for Moscow as International Financial Center.

29.01.2013 / Interfax

MIFC Location to be Determined by Workgroup

Russian Prime Minister Dmitry Medvedev is planning to establish a workgroup to determine the location of Moscow International Financial Center (MIFC) infrastructure.

Nabiullina E.

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Media (5)

30.11.2018 16:35 / The Bank of Russia

Sales of non-bank financial institutions’ products to follow universal scenario requirements

The Bank of Russia recommends that the sale of financial products and instruments by all financial institutions be based on consumer interaction scenarios (scripts) that meet best practices for consumer rights and interests protection. Such standard scripts for the sale of non-bank financial institutions’ (NFIs) products will fall within the remit of self-regulatory organisations (SROs). This is highlighted in the regulator's information letter signed by Bank of Russia Governor Elvira Nabiullina, addressed to all financial institutions.

07.11.2012 19:02 / Finam.ru

Moscow IFC: Central Depositary in Place, Now Megaregulator?

The concept of unified financial markets regulation and oversight is nothing new. Attempts to create a so-called megaregulator in Russia were made in 1999 and 2006, the latter resulting in a draft bill by the State Duma Committee, its introduction postponed indefinitely. This year the initiative has been given another chance among much controversy.

19.10.2012 13:23 / Interfax

FFMS Considers Lifting DR Conversion Restrictions for Russian Placements

Federal Financial Market Service is considering an abolishment of depositary receipts (DR) conversion restrictions for shares placed in Russia, said Head of FFMS Dmitry Pankin.

15.10.2012 17:34 / Interfax

NAUFOR Asks Shuvalov to Retain Two Financial Market Regulators

National Stock Market Participants Association (NAUFOR) has forwarded a statement to First Deputy Prime Minister Igor Shuvalov and Presidential Aide Elvira Nabiullina on the proposed delegation of regulation and oversight of all financial institutions to the Central Bank of Russia.

04.07.2012 19:49 / Interfax

FFMS May Take Back Functions from Finance Ministry

The Federal Financial Markets Service (FFMS) may take back the functions transferred out of its purview to the Finance Ministry a year ago.