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Press release
Moscow, 17 April 2017.
Summarizing the results of activity of a general membership meeting of the self-regulatory organization “National Finance Association“: Vasily.V. Zablotsky was elected as the Head of the Association.
13 April 2017, a general membership meeting of the self-regulatory organization “National Finance Association“ (NFA) was held, which included voting procedures on key questions of the Association’s future activities.
Vasily V. Zablotsky was elected as the new Head of the Association, whose nomination was successfully approved by Bank of Russia. Vasily V. Zablotsky has more than 15-years working experience in banking sector, starting from a trader and up to the Chairman of Board of a credit institution. In 2014, being the Head of the National Foreign Exchange Association, Mr. Zablotsky successfully reorganized the Association, making it a part of the NFA.
Mr. Zablotsky presented the key activities of the Association for the period of 2017 – 2018. The leading role in the upcoming NFA’s activity is focused on establishing supervisory mechanisms, further standardization in the financial sector and a new model of cooperation between the Association and its members for more efficient feedback collection. Additionally, development of learning programs for financial market participants and of programs on support services for the NFA’s members is on focus of the Association‘s activity.
The general meeting of NFA’s members was held and approved of a new composition of the Board of Directors for 2017. Deputy Chairman of the Moscow Exchange Supervisory Board Andrei F. Golikov was elected as a Co-Chairman. The Board of Directors is also composed of three new members: Mikhail V. Bratanov (ROSBANK, Society Generale Group), Sergey A. Fetisov (Russian Agricultural Bank), Dmitry A. Matveev (“Bank for Development and Foreign Economic Affairs (Vnesheconombank))”.
The Executive Management of the NFA expresses its appreciation and thanks to the members for active participation in the Association’s activities, and in particular, for the efforts made for achieving the goals and for formation of the future prospects.
SELF-REGULATORY ORGANIZATION “NATIONAL FINANCE ASSOCIATION” SUMMARY
The First OTC financial benchmark MosPrimeRate has been accredited by Bank of Russia. Also Bank of Russia accredited the Self-Regulatory Organisation Natioinal Finance Association as an Administrator of this financial benchmark
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