Russia's President signed a decree, which joined the Federal Service for Insurance Supervision (FSIS) of the Federal Financial Markets Service (FFMS). By the final pass function of insurance supervision, as well as opportunities for legal regulation of control of the financial market. Until the powers are divided between the Ministry of Finance and the Federal Financial Markets Service. According to a source of "Vedomosti" it is likely that the implementation of government policy will remain in the Finance Ministry, and supervision - for the Federal Financial Markets Service. It remains an open question as to who will be appointed to lead the combined agency. Until the Federal Financial Markets Service Vladimir Milovidov directs, and FISA - Alexander Koval. The idea of ??a mega financial market has been announced by officials in December 2010. The draft decree was published on the website of the Ministry of Finance to develop proposals. The debate lasted until December 25, 2010, after which the approved version of the merging agencies lay on the table to the president.
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