Russia: Russian National Financial Rating Agency Must Be Independent – Putin

Published August 13, 2015 by godshope1971

MOSCOW (Sputnik) – The Russian Central Bank’s creation of a National Rating Agency is expedient but it needs to be independent so that all of the market participants trust it, Russian President Vladimir Putin said Monday.

“There is one other question, and this is the ‘National Rating Agency.’ I understand how difficult this task is, I mean that it needs to be a completely independent agency that would be used with trust by all the participants of the market, and this is the only way to build the activity of this rating agency,” Putin said at a meeting with Central Bank head Elvira Nabiullina. ∞∞∞∞∞ SEE MORE ∞∞∞∞∞


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