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 179 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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Mikhail Mamuta

Mikhail Mamuta

Head of Service for Protection of Consumer Rights and Ensuring the Availability of Financial Services, Member of the Board of Directors, The Central Bank of the Russian Federation (Bank of Russia)
Quotes
04.09.2019
EEF 2019
Improving Access to Financial Services in the Far East
Digital channels work only in places with stable Internet. <…> Secondly, they work in places where people are mentally prepared to use digital channels. Thirdly, they work in places that have at least one bank office for withdrawing/depositing cash and using cashless or cash-based transactions
04.09.2019
EEF 2019
Improving Access to Financial Services in the Far East
The main focus of financial accessibility is, of course the digital – digital technologies. We see a growing interest and more and more people ready to use such channels. <…> Over 50% of the population use digital channels as primary, and the increment in the use of digital channels is annually very high, which meets the trends and people’s needs
04.09.2019
EEF 2019
Special Administrative Districts: One Year on
We are at the very beginning of this path, and our current experience is insufficient to draw any final conclusions, or rather a sketch outlining the current state of affairs. But given what we have already seen, it is clear that the legislation needs to be improved. And since we can see that there is a demand for this form, by which I mean form of incorporating a legal entity, I imagine that if the legislation is subsequently improved and this beneficial regime is preserved, this area could – and in all likelihood, will – develop
04.09.2019
EEF 2019
Special Administrative Districts: One Year on
Despite the fact that the special administrative district model is reasonably new (the first applications were submitted only in January this year), a specific amount of experience has already been accumulated, and we can already draw conclusions about the issues we have encountered. <...> I would highlight the discrepancy between the cost of launch in roubles – Russia’s currency – and in the currency of the country where the company was registered before the change was made to proper law. According to regulatory and legal statutes governing international companies, the exchange rate should be applied as per the date the articles of association were registered. However, in reality, other exchange rates are sometimes used