GEMC Annual Meeting
Conference & ERC Meeting
18-20 September 2019
Astoria Hotel, St.Petersburg, Russia
First Deputy Governor of the Bank of Russia
The International Organization of Securities Commissions (IOSCO) is the international body that brings together the world’s securities regulators and is recognized as the global standard setter for the securities sector. IOSCO develops, implements and promotes adherence to internationally recognized standards for securities regulation. It works intensively with the G20 and the Financial Stability Board (FSB) on the global regulatory reform agenda.
IOSCO was established in 1983. Its membership regulates more than 95% of the world’s securities markets in more than 115 jurisdictions; securities regulators in emerging markets account for 75% of its ordinary membership.
For more information, please visit www.iosco.org
Growth and Emerging Markets Committee
The Growth and Emerging Markets (GEM) Committee is the largest committee within IOSCO, representing close to 80 per cent of the IOSCO membership, including 11 of the G20 members. Dr. Obaid Al Zaabi, Chief Executive Officer, Securities and Commodities Authority, United Arab Emirates, is the Chair of the GEM Committee. The committee brings members from growth and emerging markets together and communicates members’ views and facilitates their contribution across IOSCO and at other global regulatory discussions. The GEM Committee’s strategic priorities are focused, among others, on risks and vulnerabilities assessments, policy and development work affecting emerging markets, and regulatory capacity building.
European Regional Committee
The ERC is one of four regional committees constituted by IOSCO to focus on regional issues relating to securities regulation in the European region.
Bank of Russia Today
The Central Bank of the Russian Federation (Bank of Russia) is the primary regulatory body governing the banking and financial sectors of the Russian Federation. The Constitution of the Russian Federation establishes a special legal status of the Bank of Russia giving it an exclusive right to issue currency, protect ruble, and ensure its stability. In 2013 the Bank of Russia obtained the status of mega-regulator and was authorized to regulate and supervise Russian financial market, including the pension and insurance markets.
The main purposes
of the Bank of Russia are as follows:
to protect the ruble and ensure its stability
to develop and strengthen the Russian banking system
to develop and ensure stability of the financial market and the national payment system
Aiming at financial market stability assurance the Bank of Russia sets the following strategic medium-term goals:
- Ensuring financial market resilience;
- Expanding financial inclusion; and
- Developing financial technology and supporting financial market innovations.
The Bank of Russia pays great attention to the debt and equity securities market development as an alternative to bank financing. In this field it is mainly focused on the corporate governance quality, investors’ rights protection, securities issuance mechanism facilitation, as well as financial innovations development and implementation.
Should you require any assistance please contact one of the members of the Host Organisation Team or the IOSCO General Secretariat.
For all queries please contact our hotline: +7 968 655 53 99, email@example.com
Host Organization Team
For bilateral meeting rooms schedule: firstname.lastname@example.org. Please ensure you provide the meeting name, date, time, duration and number of participants.
For any other queries please contact the Bank of Russia:
Ms. Anastasia Stepanyants, Head of International Best Practice Analysis Unit
Ms. Maria Aniskina, Chief Economist of International Best Practice Analysis Unit
IOSCO General Secretariat