Russia joined the Financial Stability Forum (Financial Stability Forum, FSF), which won three seats. Their representatives will take the Ministry of Finance, the Central Bank and the Federal Service for Financial Markets. The statement was made by Vice-Premier and Finance Minister Alexei Kudrin, RIA News.
Representation of Russia in the club appeared as large as the countries of Eight States and the BRIC (Brazil, Russia, India, China).
The first meeting of FSF, in which Russia would participate as a full member of the organization, held in June 2009.
Financial Stability Forum was established in 1999 and is an informal institution that develops the rules for global financial markets. In the FSF include, inter alia, representatives of the Ministries of Finance and Central Bank of the most developed countries in the world, as well as managers of the World Bank and International Monetary Fund.
For the first time that Russia will soon join the FSF, was reported in November 2008. This issue, among others, was discussed at the summit of "Big twenty" in Washington on Nov. 15, 2008.
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