MIFC: Key Facts

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

Task Assignments

06.12.2011 / Moscow

Task Assignments given by the President of the Russian Federation following the MIFC International Advisory Board session
on 28 October 2011.

MIFC Events

24.04.2018

Annual NAUFOR Russian Stock Market Conference

10.04.2018

Moscow Exchange Forum 2018

Events Calendar

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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.

Our progress / MIFC News

17.07.2018 07:31 / The Bank of Russia

Plans on Proportional Regulation and Risk Based Supervision in Non-Banks  The Bank of Russia has drafted and posted for debate the outlines of Proportional Regulation and Risk Based Supervision implementation in non-banks, and details of current regulation approaches.

06.06.2018 17:31 / The Bank of Russia

CBR Unveils Policy Guidelines for Development  The Central Bank of Russia (CBR) unveiled its new ‘Guidelines for Development of Russia’s Financial Market and Action Plan’.

24.10.2017 17:59 / TASS

Putin orders government to devise cryptocurrency regulations Russian president Vladimir Putin has ordered his government to devise a regulatory framework for cryptocurrencies, the clearest sign yet that the Kremlin intends not to ban them.

08.06.2017 19:27 / TASS

Central Bank to Develop Cryptocurrency Regulation  Russia is making its own blockchain currency. According to the Russian News Agency, the chairwoman of the Russian Central Bank announced regulators now agree national cryptocurrencies are the future.

24.03.2017 17:15 / MIFC

10th Russian-British MIFC Joint Liaison Group meeting  Alexander Voloshin, Head of MIFC Taskforce, Miles Celic, Chief Executive of TheCityUK and Nikolay Kosov, Chairman of the Board, IIB signed a Memorandum of Understanding at the 10th Russian-British MIFC Joint Liaison Group meeting today.

30.11.2016 16:22 / Vedomosti

Russia launched trading of a futures contract for Urals crude oil URL-E Russia launched trading of a futures contract for Urals crude oil URL-E in Moscow on Tuesday, in a step to secure greater prominence for the Russian export blend.

News from 
till 

CBR Unveils Policy Guidelines for Development

06.06.2018 17:31 / The Bank of Russia

The Central Bank of Russia (CBR) unveiled its new ‘Guidelines for Development of Russia’s Financial Market and Action Plan’.

The CBR Policy Guidelines span multiple sectors and takes into account Russia’s unique market conditions as well as international good practices. For the first time, a focus on financial inclusion has been fully integrated into CBR’s policy guidelines with a significant focus dedicated to consumer protection, financial literacy, promotion and proportionate regulation of new technologies, appropriate regulation of the non-bank sector. The Action Plan also identifies other key financial inclusion trends in which should be carefully monitored. These include, Information Disclosure, Harmonization of National Standards, Risk Management, Automation of Services, Reaching Rural/Remote Populations, and Digital Authentication and Identification.

Because financial education and consumer protection have been recognized by CBR as vital elements in the development of Russia’s financial market, CBR announced during the conference that it would join and benefit from peer learning within AFI’s CEMC WG. CBR currently chairs AFI’s DFS WG as well as the Global Standards Proportionality WG’s Sub-Group on Shadow Banking.

Financial markets megaregulatorProject Group №1

17.07.2018 07:31 / The Bank of Russia

Plans on Proportional Regulation and Risk Based Supervision in Non-Banks  The Bank of Russia has drafted and posted for debate the outlines of Proportional Regulation and Risk Based Supervision implementation in non-banks, and details of current regulation approaches.

06.06.2018 17:31 / The Bank of Russia

CBR Unveils Policy Guidelines for Development  The Central Bank of Russia (CBR) unveiled its new ‘Guidelines for Development of Russia’s Financial Market and Action Plan’.