Bank of Russia presents financial market development programme through 2027
The priority areas of the financial market development for the next three years include enhancing the role of the capital market as a source of business financing, improving long-term saving and investment tools for individuals, boosting confidence in the market and strengthening the protection of investors' rights.
The Bank of Russia and the Government of the Russian Federation will pay particular attention to the development of the equity capital market. Despite a wide selection of financial instruments and a variety of issuers, the volumes of securities in circulation are not so large. To ensure comprehensive development of the capital market, it is important to create both demand from investors and supply from issuers. For companies to be interested in diversifying their sources of financing, it is required to explore the issue of aligning the measures to support lending and equity financing.
The draft of the new three-year document that has been published for public consultations maintains continuity with the Russian Financial Market Development Programme for
When preparing this document, preliminary proposals from market participants who are financial institutions and their associations and the real sector representatives were taken into consideration.
The draft Russian Financial Market Development Programme has been submitted to the President and the Government of the Russian Federation. The State Duma also plans to discuss the document at its parliamentary sessions.
