One of the apparent aftermaths of the 2007–2009 global economic crisis was a lack of coordination between supervisory financial authorities. The previous general supervisory requirements had been found to be inadequate, raising a whole host of questions about its effectiveness. The ‘too big...

From September 2013, the Federal Law 'On the Introduction of Alterations to Some Legislative Acts of the Russian Federation in Connection with the Delegation to the Central Bank of the Russian Federation of the Powers for Regulation, Control and Supervision in the Sphere of Financial Markets'...