The Bank of Russia has releas a second report on ecosystem regulation, and it sales cycle: complete guide to optimizing and increasing revenue has caus a sharp reaction from the heads of large banks. They not that regulation affects not only and not so much ecosystems, but also non-core and immobiliz assets in general. Will you accommodate them on this issue?
Some issues, we will certainly meet halfway
It is not for nothing that we conduct public consultations. You have probably notic that for several years now we have had consultation reports, and even before a regulatory act, we discuss approaches with the market. This is the principle of our policy. We want to discuss, we want to hear arguments and, of course, under the influence of these arguments, we sometimes clarify and change our positions. Therefore, of course, we are ready to adjust some positions. And in any case, we stipulat in the initial report that such regulation would be introduc gradually. When introducing any regulation, we look at how it will affect the banking system.
But nevertheless, we believe that such regulation
should be introduc. Why did we touch upon immobiliz assets the 8 pillars of decathlon in general, and not only what forms the ecosystem?
One of the reasons is obvious: we will argue for another ten year america email about what is includ in the ecosystem. Banks will say about the asset: “Well, this is not an ecosystem,” and start lobbying so that it is not includ in the ecosystem. This is a purely formal thing.