Telegram included in register of Internet information distributorsBusiness & Economy June 28, 20:56
Putin points to growing activities of foreign secret services against RussiaRussian Politics & Diplomacy June 28, 20:36
FIFA chief Infantino to attend Chile-Portugal 2017 Confederations Cup semis match in KazanSport June 28, 20:27
Lavrov expects US to refrain from creating pretexts for new attacks on SyriaRussian Politics & Diplomacy June 28, 20:09
Top diplomat says Germany willing to open new chapter in relations with RussiaWorld June 28, 19:28
Russia open for cooperation with Germany in war on terror, Lavrov saysRussian Politics & Diplomacy June 28, 19:22
Baltic Fleet’s fighter jets hold air combat drills in Russia’s westernmost regionMilitary & Defense June 28, 18:57
Russian telecom watchdog to include Telegram in registerBusiness & Economy June 28, 18:51
Skolkovo Foundation proactively cooperating with China — IT projects directorBusiness & Economy June 28, 18:41
MOSCOW, August 12 (Itar-Tass) - The Board of Directors of the Russian Central Bank at its meeting on August 9 made the decision to create a service for financial markets.
The new service, to be created within the Bank’s central office, will become operational from September 1 simultaneously with the abolition of the Federal Service for Financial Markets. The Central Bank will therefore assume additional powers and functions to regulate, control and supervise financial markets.
The service for financial markets will be tasked with developing the financial market; ensuring its stability, including timely detection and prevention of crises; analysing the state of and prospects for financial markets with regard to non-lending institutions; and regulating, controlling and overseeing non-lending financial organisations.
The new service will also protect the rights and legitimate interests of shareholders and investors in financial markets, insurers, insured persons and beneficiaries, as well as depositors and private pension plan participants.
In addition, it will oversee compliance with Russian legislation prohibiting unlawful use of insider information and market manipulation.