Guidelines for the Development of the Russian Financial Market
Bank of Russia
BANK OF RUSSIA: OVERVIEW
The Central Bank of the Russian Federation
COMPLIANCE WITH INTERNATIONAL STANDARDS
Russia complies with or implements key international standards and best practices
Banking regulation is compliant with Basel
II, 2.5 and Basel III (RCAP 2016)
FATF
FUND
MONEY
MONE
TARY
Russia's Anti-Money Laundering system is
compliant with FATF Recommendations
High FSAP grades in all surveyed segments,
including securities market, insurance and
payment infrastructure
THE WORLD
BANK
IBRD-IDA
Russia ranks
#35 in DOING BUSINESS-2018
ratings
BANK
FOR INTERNATIONAL
SETTLEMENTS
ATZ
OICU-IOSCO
Bank for International Settlements, IAIS and
IOSCO Principles for financial market
infrastructures (PFMI) are being
implemented
Upon monitoring the implementation of
the PFMI, the CPMI gave Russia the
highest-possible '4' rating
National Settlement Depository is eligible
for custody arrangements under Rule 17f-7
of the US Investment Company Act of 1940
LINOW
TARY
FUND
Russia is a party to the Articles of
Agreement of the IMF and upholds free
movement of capital
Insurance sector has started implementing
Solvency II European principles
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