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G20 Financial Stability Board hold plenary meeting Nov 7-8

The main events are scheduled for November 8

MOSCOW, November 7 (Itar-Tass) - The Financial Stability Board (FSB) Plenary Meeting, organised by the Russian Central Bank together with the Ministry of Finance and the Secretariat of the FSB is held in Moscow on November 7-8.

The main events are scheduled for November 8.

The participants in the plenary meeting will determine priorities of the FSB work in the key areas of financial regulatory reform for 2014, including the creation of more resilient financial institutions, systematic financial institution regulation, strengthening of oversight and regulation of shadow banking, and over-the-counter derivatives market reforms.

They will also confirm key tasks to be addressed at the Brisbane Summit in Australia.

The heads and deputy heads of the G20’s fiscal authorities and some other jurisdictions, representatives of international financial organisations (European Central Bank, the International Monetary Fund, the Organisation for Economic Cooperation and Development, the World Bank) and standard setting bodies will attend the meeting.

At the plenary meeting Russia is represented by Sergei Storchak, Deputy Finance Minister, Ksenia Yudayeva, First Deputy Governor of the Bank of Russia, Sergei Shvetsov, First Deputy Governor of the Bank of Russia - Head of the Financial Markets Service of the Bank of Russia.

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