Summits

7 November 2013

FSB Plenary Meeting

The Financial Stability Board (FSB) Plenary Meeting, organized by the Central Bank of the Russian Federation together with the Ministry of Finance of the Russian Federation and the Secretariat of the FSB was held on November 7-8, 2013 in the Bank of Russia in Moscow. Main events took place on the 8th of November.

The members of the Plenary determined priorities of the FSB work in the key areas of financial regulatory reform for the 2014, for example building of more resilient financial institutions, systemically important financial institutions regulation, strengthening the oversight and regulation of shadow banking, OTC derivatives market reforms. Members also confirmed key tasks to be addressed by the Brisbane Summit (Australia).

Heads and deputy heads of the G20's financial authorities and some other jurisdictions, representatives from international financial organizations (ECB, BIS, IMF, OECD, World bank) and from Standard Setting Bodies (BCBS, CGFS, CPSS, IAIS, IASB, IOSCO) attended the meeting.

At the Plenary Meeting the Russian Federation was represented by Mr. Sergey Storchak, Deputy Finance Minister, Ms. Elvira Nabiullina, Governor of the Central Bank of Russia, Ms. Ksenia Yudaeva, First Deputy Governor of the Bank of Russia, Mr. Sergey Shvetsov, First Deputy Governor of the Bank of Russia - Head of the Financial Markets Service of the Bank of Russia.