The Regional Consultative Group of the Council for Financial Stability of the CIS held its first session in Moscow on Monday, Trend reports.
The group discussed the schedule for 2012, financial regulation and regional financial systems. Participants of the meeting talked on insurance of deposits, compensations, approaches to surveillance of financial institutions (banks), financial stability, risks of the euro zone, effects of the debt crisis in the CIS and economic measures to cope with the challenges.
A document determining regulation of the group was passed. The Inter-State Bank will provide technical and organizational support of the group.
The next meeting is planned in Moscow in October-November 2012.
The Regional Consultative Group of the CIS consists of representatives from Armenia, Belarus, Kazakhstan, Kyrgyzstan, Russia, Tajikistan and Ukraine.
