Central Banking

CBR auditor to be chosen on November 24

The Russian State Duma will name an auditor for the Central Bank of Russia for 2000 on November 24.The contenders are Deloitte & Touche and the PriceWaterhouseCoopers - FBK tandem.Even though the winner of the tender is unknown, PriceWaterhouseCoopers and FBK made a joint statement on November 21 to say that they would observe the principle of equality if they are chosen to conduct the audit. There will be neither a senior nor junior partner, as was the case in the 1999 audit conducted by Pri