General information:
Topics and Issues to Be Discussed
Legislation and Regulatory Documents:
- Liquidity management
- Management and opening of correspondent accounts
- Determination and regulation of open currency position limits
- Management of currency, interest rate, and liquidity risks
- Capital market instruments and legal framework
- Cash circulation and cash collection
Financial Markets and Stock Exchanges:
- Decision-making on bank investments, submitting proposals, and formation of the investment portfolio
- Discussion of interbank agreements for the development of financial markets
- Establishment of secured and unsecured interbank money markets
- Market for overnight and intraday operations
- Improvement of money and capital markets
- Consolidation of interbank operations within a unified trading platform (e.g., Bloomberg)
- Formation and optimization of the interest rate in AZN (AZIR)
- Development of the banking and capital market sector, optimization of current processes
- Full automation and simplification of the information flow between banks – stock exchange – centralized trading platform (MDM)
- Creation of a unified information database for traded instruments (e.g., forex – Bloomberg, securities – stock exchange)
Financial Instruments:
- Development of Spot, Swap, and Forward currency instruments
- Formation of interest rate and cross-currency swaps, and money market swaps
- Optimization of securities trading operations
- Optimization of interbank credit lines to facilitate payments
Coordination with the Regulatory Authority and Relevant State Institutions:
- Participation in the preparation of the legal and regulatory framework and standards; providing opinions and suggestions
- Preparation of substantiated proposals to be submitted to the relevant institutions
- Providing opinions and suggestions regarding commissions on the stock exchange (BFB) and centralized trading platform (MDM)
- Regular meetings with the Central Bank to support the development of the sector
Fund Management:
- Management of assets, liabilities, and liquidity
- Transfer pricing of funds
- Methodology for calculating cost price