Financial Market Development Strategy
Russian Financial Market Development Programme
Main goals, principles and areas of the policy for the development of the financial market as well as key tasks to be solved by the Bank of Russia together with the Government of the Russian Federation.
When developing and implementing measures to develop the financial market, the Bank of Russia actively interacts with professional and expert community.
In order to quickly adjust plans and take into account dynamic changes that occur in the financial market, the Program is issued annually for coming 3 years.
Taking into account current trends as well as challenges and opportunities for the financial market, the Bank of Russia together with the Government of the Russian Federation will promote its development over the medium-term horizon, working in the following key directions:
- Enabling a stronger role for the financial market in financing the transformation of the economy while maintaining the resilience of the financial sector;
- Financial consumer and investor protection, enhancing financial inclusion for households and businesses;
- Digitalisation of the financial market and development of the payment infrastructure;
- Transformation of the system for foreign trade payments and settlements;
- Ensuring financial stability.