Financial Sector Overview
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
8
FATF
Russia's Anti-Money Laundering system is
compliant with FATF Recommendations
BANK
FOR INTERNATIONAL
SETTLEMENTS
MONEY
MONE
TARY
FUND
High FSAP grades in all surveyed segments,
including securities market, insurance and
payment infrastructure
THE WORLD
BANK
BRD -IDA
Russia ranks
#31 in DOING BUSINESS-2019
Ratings (#35 in 2018)
LINOW
TARY
FUND
OICU-IOSCO
Banking regulation is compliant with
Basel II, 2.5 and Basel III (RCAP 2016)
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
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 principlesView entire presentation