14.12.07

Russia’s Federal Financial Markets Service (FFMS) expects the State Duma during its spring session to approve amendments to the financial markets law which will allow foreign bonds direct access to the Russian market. This wish was expressed to journalists by the Head of the FFMS.

The draft as a whole will be introduced to the Duma in the first quarter of 2008. According to the FFMS, it will be presented for approval to the government committee on legislative activity in the near future. The draft has already been coordinated with the Ministry of Economic Development and Trade, the Ministry of Finance, and the Central Bank of Russia. 

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