Russian Federation: Financial Assessment Program: Detailed Assessment of Implementation: IOSCO Objectives and Principles of Securities Regulation

September 22, 2016

Preview Citation

Format: Chicago

Russian Federation: Financial Assessment Program: Detailed Assessment of Implementation: IOSCO Objectives and Principles of Securities Regulation, (USA: International Monetary Fund, 2016) accessed September 20, 2024

Summary

This paper assesses the level of implementation of the International Organization of Securities Commissions objectives and principles of securities regulation in the Russian Federation. The findings reveal that there is much that the Central Bank of Russia needs to accomplish if it is to approach good international practice as a securities regulator. Some of the most recent regulatory changes, such as those on credit rating agencies, are clearly based on international standards. In other areas, further initiatives will be required. These include identification of conflict of interest and improving management standards of professional market participants.

Subject: Correspondent banking, Financial institutions, Financial markets, Financial regulation and supervision, Financial services, Mutual funds, Securities, Securities markets, Securities regulation

Keywords: Active market, Beneficial owner, Bond issue, CBR employee, CBR regulation, CBR staff, Correspondent banking, CR, Financial market, General obligation, Global, Insider dealing, Investment funds, ISCR, Joint stock, Management company, Mutual funds, Risk assessment, Securities, Securities markets, Securities regulation, Supervision CBR

Publication Details

Pages:

215
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2016/304
Stock No:

1RUSEA2016007
ISBN:

9781475538427
ISSN:

1934-7685

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