non-bank financial market participants to circumvent Gosfinuslug create a new association which will defend the interests of its members among the financial regulators.

Yesterday, a new constituent assembly was held on a non-public associations - the Confederation of non-bank financial market participants. In the confederation joined about 10 community organizations: Association of two insurance market, the two - the market of credit unions, one - the market of non-state pension funds, as well as of pawnshops, actuaries.

The main objective of the new public organization is lobbying for the interests of participants in financial markets in the state structures, especially in the National Bank and Gosfinuslug.

Confederation is created in order to express a single view of financial markets. The farther these markets develop, the more they have common issues. For example, the problem of placement of reserves (funds in bank deposits. - Ed.) currently pressing for insurers , and for the NPF, - said president of the association Insurance business Igor Yakovenko. Start its activities after the merger plans of all registration procedures - in August this year.

without supervision by the regulator

Initially, proponents of a new structure announced the establishment of the Public Council under the Cabinet of Ministers decree On some issues of public participation in shaping and implementing public policy. But at yesterday's meeting of the founders decided to name the organization the Council does not, as a confederation.

Public Council, pursuant to the Cabinet, to be established with Gosfinuslug and only work with it. And we believe that the new association should be more wide-ranging powers. For example, it must represent the interests of non-banking financial market in the Cabinet, Parliament, STAU, NBU and Gosfinuslug - explains one of the initiators of the creation of a confederation, the president of the National Association of Credit Unions (NAKSU) Peter Kozinets.

However, in the words of Peter Kozintsev, the name of the new association until that workshop and its final version, as well as the charter will be finalized before the end of the week. With regard to the conditions of admission to the confederation of new market participants, the only restriction imposed by its founders - is a ban on the reception of primary market players. The confederation could enter only civil society organization, not the company or individual natural persons. This will be the union of association, - explains it.

refusing to name the Public Association Board, the founders of Confederation thereby confirmed their desire to escape from control of the Commission. At the same time, the founders of Confederation wanted to get some of the functions of the Public Council at Gosfin services that will give them some benefits and responsibilities. We intend to invite the Commission to include in the Community Board members of the Board of Confederation, who are also leaders of social organizations. It is my personal conviction, it will be good cooperation, - says Peter Kozinets.

Gosfinuslug an analogue

hardly the same opinion of the Gosfinuslug. The point is that on May 19 head Viktor Suslov Commission, by order has initiated the establishment of a subsidiary of the Public Council at Gosfinuslug, whose main task should also be lobbying the interests of non-bank financial markets, but under the supervision of the Commission.

offer to enter the council Gosfinuslug received almost all the founders of Confederation, but did not want to enter him in favor of an independent regulator of the confederation.

Confederation is a kind of overseer for Gosfinuslug. Where it is necessary and substitute the shoulder, but at the same time, we will rigorously defend the position of the market - says Peter Kozinets. For example, today the founders of Confederation state that do not support the initiative of the regulator to enhance its power in times of crisis.

In addition, representatives of non-banking finsektora decided to register the Confederation as a legal entity with its charter and governing bodies, while the lobbyist Gosfinuslug plan to create a public advisory body. It is therefore not surprising that news of the establishment of a confederation in Gosfinuslug attitude is cool.

At yesterday's meeting we were not invited. So I do not know about what is at stake, - said Victor Suslov.

Tatiana Pavluchenko

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