Muslims worldwide celebrate Eid al-FitrSociety & Culture June 25, 5:18
Mexico knocks out Russia from FIFA Confederations Cup with 2-1 win in KazanSport June 24, 19:59
Putin visits Crimean youth camp ArtekSociety & Culture June 24, 19:42
Conflict around Qatar should be settled by diplomatic means - source at Foreign MinistryRussian Politics & Diplomacy June 24, 16:44
More than 237,000 fans attend Confederations Cup matches already - Deputy PM MutkoSport June 24, 15:03
Sistema's president hopes for dialogue with Rosneft on settlement agreementBusiness & Economy June 24, 14:56
CNN deletes article about meeting between Scaramucci and Russian Direct Investment FundWorld June 24, 13:12
Ukrainian Army units shell Donetsk Republic in first hours of newceasefireWorld June 24, 5:19
Politician says Russia vs Mexico football game will be interesting to watchSport June 23, 21:11
MOSCOW, November 12, 11:25 /ITAR-TASS/. Russia's Finance Ministry jointly with the Bank of Russia are drawing amendments to the insurance legislation, and plan to hold appraisal of insurance companies in 2014, First Deputy Prime Minister Igor Shuvalov said at a session of the Russian part of the intergovernmental Russian-British committee on trade and investment on Tuesday.
"The Bank of Russia and the Ministry of Finance are preparing certain amendments to legislation," Shuvalov said. "We shouldn't do anything to provoke a fuss on the market or cause unnecessary expectations."
He added that the state would deal with private pension funds in the first place.
The Bank of Russia stepped up supervision over commercial banks and will now check the reliability of private pension’s funds, the first deputy prime minister went on. Measures will be taken against those that have no real assets. In this connection, Shuvalov underlined that in 2014, the Bank of Russia will handle the insurance market together with the Finance ministry, but that it "will be doing it calmly.