Ministry of Economic Development of the Russian Federation
Ministry of Economic Development of the Russian Federation
Department for Financial and Bank Operations and Investment Development

The competencies of the Department include exercising functions on the elaboration of the government policy and legal and regulatory framework in the spheres of appraisal activity, insolvency (bankruptcy) and financial restructuring, public non-financial reporting, self-regulation of bankruptcy commissioners’ and appraisers’ activity.

The Department exercises powers of the Ministry of Economic Development of Russia in the sphere of functioning of special administrative regions, training on their management, as well as improvement of the corporate legislation, regulation of economic entities activity, as well as legislation regulating activities of financial markets and financial institutions, coordination of the “project financing factory” mechanism.

Besides, the Department ensures participation in the formation, improvement and monitoring of the regulatory framework for development institutions (RDIF MC JSC, VEB.RF) to improve the effectiveness of their activities and also works on the issues related to the development strategy of VEB.RF, RDIF MC JSC, Sberbank PJSC, Rosselkhozbank JSC, RNCB Bank (PJSC), VTB Bank (PJSC), Russian Venture Company JSC.

The Department supports the participation of management of the Ministry in the Board of Directors of the Bank of Russia, National Financial Council, and the National Council for Financial Stability Provision.

Events and documents
Дата публикации: August 13, 2019
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