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.

Events Calendar

April 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.

Our progress / Hot Topics

Trading infrastructure

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Integrated Eurasian Economic Community FX Market Opens

07.02.2013 13:43 / Moscow exchange

Moscow Exchange opened the foreign exchange market to banks from Eurasian Economic Community (Belorussia, Kazakhstan, Kirgizia and Tajikistan).

Belorussian BPS-Sberbank was the first among foreign banks to test the new exchange link, access the trading session and execute a Moscow Exchange FX market trade.

First FX trades by a foreign bank on Moscow Exchange finalized the long-term CIS/EEC Integrated FX market project. Russia, Belorussia, Kazakhstan, Kirgizia and Tajikistan signed the integrated FX market agreement in January 2006.

Eurasian Economic Commission Economic and Finance Minister Timur Suleimenov said at the Integrated FX Market opening ceremony in Moscow: "The success of Integrated FX Market is a result of effective joint effort by inter-state authorities, central and national banks and exchanges of our countries, aimed at creating a common currency community. Remarkably, the Moscow Exchange project allows direct integrated financial market access for a EEC member licensed by a national regulator, with no need for a Russian FX license".

Moscow Exchange Deputy CEO Andrey Shemetov said: "Moscow Exchange was the first of CIS exchanges to open direct access to the highly liquid and technologically advanced FX market for foreign banks. We are interested in international cooperation and new exchange projects that would expand our client base and assist effective Eurasian Economic Community integration and development ".

Trading infrastructureProject Group №1Project Group №4Anton Shemetov