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the organised securities market. OFF SITE SUPERVISION To improve supervision, encourage credit institutions to evaluate their condition in substance rather than form and implement risk

Banking Activities ................................................... 93 IV.3. Regulation of Credit Institutions ....................................................................... 98 IV.4. Participation of Credit Institutions in the Securities Market and Control over Their Activities

secu market, the Bank of Russia in 2002 decided to rities and regional government bonds to the extend the duration of the government securities main

IMF) and World Bank experts completed the eval seminar on collateral security organised by the IMF Mon uation of the compliance of banking regulation and