The Central Bank of Russia has discussed with the main players in the foreign exchange market the idea of ​​creating a “communication tool” for timely informing the regulator about large client orders.

We are talking about transactions that can significantly affect the ruble exchange rate.

This initiative has caused concern in the market, since transactions between the bank and its client are usually not disclosed. According to Reuters, participants in the meeting with the regulator were against this idea.

Earlier it was reported that the Bank of Russia has launched a trust number to fight corruption. It works automatically 24 hours a day. The regulator will consider applications of citizens and legal entities, which will indicate the manifestations of corruption by employees of the Central Bank.

It is about conflicts of interest, as well as compliance with obligations and barriers.

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