Russia debate: Learn more about the panelists
Executive summary • Moscow’s ambition to become an important international financial centre rests on the creation of a deep pool of liquidity
• The financial centre’s development requires a substantial legislative reform of the financial system that is already well under way
• Competition from other financial centres will not undercut Moscow’s offering
• A broadening and deepening of Russian capital markets is being achieved with new laws, culminating in a curb on insider trading and market manipulation
• A shortage of long-term bond issuance is being overcome
• Infrastructure developments should underpin Moscow’s financial centre plans |
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SR, Euromoney One of Moscow’s key objectives is to be a significant international financial centre. But what elements of a financial centre do you think are important?
![Yuri Roslyak (YR) has been First Deputy Mayor of the City of Moscow and head of the Moscow City Economical Policy and Development Complex since 2003](https://assets.euromoneydigital.com/dims4/default/e53c88f/2147483647/strip/true/crop/35x45+0+0/resize/800x1029!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2F11%2Fe8%2F66d9c69c7573388a32f1040a630b%2Frd-yr.gif)
![Vladimir Milovidov (VM) has been head of Russia’s Federal Financial Markets Service (FFMS) since 2007](https://assets.euromoneydigital.com/dims4/default/7816e00/2147483647/strip/true/crop/35x45+0+0/resize/800x1029!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2F7e%2F2b%2Fe33719c2e517c5b78706daf8a781%2Frd-vm.gif)