Russian government wants 'mega-regulator'

The Russian government has called for proposals to be put forward about setting up a mega-regulator for financial markets. The mega-regulator should divide regulatory and supervisory functions on the market, the report said.

Source: Gateway to Russia

The Russian government has asked the economy and finance ministries, the Central Bank of Russia and the Federal Securities Commission to put forward proposals about a mega- regulator for the financial market. The proposals should be made by Februar