The Forum gathered around 200 participants, including quite a number of representatives of the regulator, market participants, infrastructure representatives, journalists, analysts etc.
The Bank of Russia representatives have updated the audience on its policy on ensuring financial stability, have spoken on the prudential supervision in the securities market and on the implementation of Basel III requirements.
Moscow Exchange representative has delivered a presentation on the development of exchange markets and CCP as the factor of economic stability.
Natasha Sidorova, Head GSS Russia was invited to participate and speak from the custodian side at the panel on "Efficient models of development of professional market participants in the Russian securities market," where one participant was selected from each category of the market participants - custodian, broker, specialised depository, registrar, asset manager, trustee. The participants were asked to comment on the current trends in the development of the respective categories, as well as the views of the speakers on the evolution of the industry. Speaking about the custodian segment, Natasha made an accent on such trends as centralisation and concentration of the infrastructure, evolvement of the regulatory environment (and importance of proportional supervision), consolidation of the players and squeezing of the industry and impact of digitalization and advanced technologies such as big data, blockchain, predictive analytics, machine learning, in-memory computing etc. Participants have further discussed the evolvement and challenges of blockchain and its potential practical application in the Russian market. All participants have agreed that ability to adapt is key in the modern changing environment.
Impact on investors: Participation and speaking at industry events gives UniCredit GSS the opportunity to share our opinion on the status quo and evolvement of the market, key gaps and ways to address them, as well as to vocalize our client's concerns and challenges related to the investments in Russia.