A socially oriented non-financial development institution and a major organizer of nationwide and international conventions; exhibitions; and business, public, youth, sporting, and cultural events.

The Roscongress Foundation is a socially oriented non-financial development institution and a major organizer of nationwide and international conventions; exhibitions; and business, public, youth, sporting, and cultural events. It was established in pursuance of a decision by the President of the Russian Federation.

The Foundation was established in 2007 with the aim of facilitating the development of Russia’s economic potential, promoting its national interests, and strengthening the country’s image. One of the roles of the Foundation is to comprehensively evaluate, analyse, and cover issues on the Russian and global economic agendas. It also offers administrative services, provides promotional support for business projects and attracting investment, helps foster social entrepreneurship and charitable initiatives.

Each year, the Foundation’s events draw participants from 208 countries and territories, with more than 15,000 media representatives working on-site at Roscongress’ various venues. The Foundation benefits from analytical and professional expertise provided by 5,000 people working in Russia and abroad.

The Foundation works alongside various UN departments and other international organizations, and is building multi-format cooperation with 173 economic partners, including industrialists’ and entrepreneurs’ unions, financial, trade, and business associations from 78 countries worldwide, and 188 Russian public organizations, federal and legislative agencies, and federal subjects.

The Roscongress Foundation has Telegram channels in Russian t.me/Roscongress, English – t.me/RoscongressDirect, and Spanish t.me/RoscongressEsp. Official website and Information and Analytical System of the Roscongress Foundation: roscongress.org.

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Russia's Financial Sector Transformation: Preliminary Results
7 September 2022
10:00—11:30
The Russian financial sector was one of the first and hardest hit by the blow of large-scale sanctions. The primary objective now is to reorient the sector as quickly and efficiently as possible, taking into account the changing realities. This presents a serious challenge, as market participants will be required not only to jointly develop and implement new working principles, but also carry out an almost total rebuild of many elements of the domestic financial infrastructure that have been performing strongly. At the same time, it is vitally important that the conditions for both the long-term sustainable development of the sector itself, and the gradual implementation of an adaptive economy backed by a credit resource are put in place. Some degree of pain will of course be caused by any deep structural transformation to the Russian financial sector. Changes will inevitably be felt in legislation and the regulatory and oversight activities governing the sector, as well as the running of the stock market, activities in global markets, and mechanisms for interacting with clients. What are the initial results of the ongoing transformation? How can its success be evaluated during this process?
Date
07.09.2022
Forum
EEF
Started at
10:00—11:30
Conference hall
Building A, level 3, conference hall 3
Analytics on the topic