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The Financial Strategy of Russia: Heading for Growth

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The Financial Strategy of Russia: Heading for Growth ИФИ АВИЕВ ИИ В THE FINANCIAL STRATEGY OF RUSSIA: HEADING FOR GROWTH PROGRAMME* ИФИ АВИЕВ ИИ В Powered by TCPDF (www.tcpdf.org) SEPTEMBER 23, 2016, MOSCOW THE FINANCIAL 9 Ilyinka St., Moscow, 109097, Russia www.ff.msk.ru STRATEGY OF RUSSIA: * The Programme is subject to changeHEADING FOR GROWTH PROGRAMME* SEPTEMBER 23, 2016, MOSCOW 9 Ilyinka St., Moscow, 109097, Russia www.ff.msk.ru * The Programme is subject to change DEAR FRIENDS AND COLLEAGUES, The last few years have tested the viability of the Russian economy. It may now be said to have adapted fully to the new conditions and we are entering a new stage focusing on structural reforms to speed up growth and ensure the long-term sustainability of the national economy. In order to unite the efforts of the government system, business and the expert community in achieving this, the Ministry of Finance of the Russian Federation has initiated holding an annual Moscow Finance Forum, co-organized by the Moscow City Government. The first Forum, to be held on September 23, 2016 at the Manege Central Exhibition Hall, will be devoted to “The Financial Strategy of Russia: Heading for Growth”. Moscow was chosen as the Forum venue because the capital city is the biggest financial centre in both the country and the whole of Eastern Europe and, of particular interest to the Forum participants, has experience of ensuring financial stability and promoting economic growth by fiscal policy methods. The Forum will bring together federal and regional government officials, representatives of relevant state structures, heads of Russia’s biggest companies, leading economists and experts, as well as public and political figures. The Forum will discuss the state of the debt market, budget and fiscal policy, the pension system development strategy, prospects for development of financial control, information technologies in the finance sphere and other vital issues. We hope that the Moscow Financial Forum will provide a platform for discussing the most urgent problems and elaborating effective joint solutions affecting Russia’s financial policy. Looking forward to our meeting! Chairman, Moscow Financial Forum Organizing Committee, Minister of Finance of the Russian Federation A.G. Siluanov Mayor of Moscow S.S. Sobyanin 2 BUSINESS PROGRAMME MOSCOW FINANCIAL FORUM 2016 SEPTEMBER 23, 2016, MOSCOW THE FINANCIAL STRATEGY OF RUSSIA: HEADING FOR GROWTH 10:00-12:00 PLENARY SESSION 1 ECONOMIC POLICY: MID-TERM OUTLOOK Plenary Session Hall Having encountered serious external jolts, in 2015–2016, Russia and Kazakhstan have been going through a period of rough and harsh adaptation to the new realities. The global economy’s remaining challenges mean that the external conditions will remain tense. What macroeconomic policy would be optimal under the present circumstances? How should the budget for the next three years be formed? How can a basis for stable growth be formed? How are the regions to act in this new reality? Moderator: Nikolay Korzhenevsky, Russia 24, anchor Speakers: Daniyar Akishev, Chairman of the National Bank of the Republic of Kazakhstan Arkady Dvorkovich, Deputy Prime Minister of the Russian Federation Aleksey Kudrin, Foundation Chairman of the Board, Centre for Strategic Research – Deputy Chair of the Economic Council under the President of Russian Federation Elvira Nabiullina, Governor of the Bank of Russia Anton Siluanov, Minister of Finance of the Russian Federation Sergey Sobyanin, Mayor of Moscow As part of the Plenary session, the awards will be handed out to the winners of the following categories: - Best financial management practice; - Open budget of a constituent entity of the Russian Federation; - Management of municipal finances; - Use of public state financial data; - For high quality management of regional finances; - For effective organisation of inter-budget relations at the regional level; - For contribution to developing the system of state finances. 3 12:15-14:00 PLENARY SESSION 2 NEW INFORMATION TECHNOLOGIES Plenary Session Hall TRANSFORMING THE KEY FINANCIAL INSTITUTIONS Mankind has already entered into a new stage of development in the 21st century: cloud computing, mobile apps, social networks, big data, blockchain, 3D-printers, etc. Which of these technologies will affect financing? Will we still need accountants, tax officers, treasurers, financiers, controllers and analysts? If so, how will their functions change? Will a blockchain replace a human for registering marriages, births and deaths, or property transactions? What information technologies will become top priorities for introduction into the fiscal area over the next 10–15 years? Moderator: Aleksander Chernov, Senior Vice President for External Communications and Advertising, Skolkovo Foundation Speakers: Giancarlo Bruno, Head of Financial Industries Sector, Member of the Executive Committee, Global Economic Forum Aleksander Galitsky, Managing Partner, Almaz Capital Partners Herman Gref, CEO, Chairman of the Executive Board of Sberbank Tkhevon Kim, Director, Bureau of the Information System, National Tax Service, Republic of Korea Mikhail Mishustin, Head of the Federal Taxation Service Tatyana Nesterenko, First Deputy Finance Minister of the Russian Federation 14:30-15:15 THE NEW ARCHITECTURE OF THE CREDIT RATINGS MARKET Press Centre A rating industry has been launched in the Russian Federation in 2016. From 1 January 2017 the legislation of the Russian Federation allows government bodies to use only those credit ratings, assigned upon national scale by credit rating agencies, listed on the corresponding register. What are the current results of creating a national rating industry and what are the priorities and plans for the near future? What are the stages for transitioning to national rating systems when government institutions regulate investments? 4 What are the prospects for international rating agencies on the Russian market? Moderator: Aleksey Moiseev, Deputy Finance Minister of the Russian Federation Speakers: Anna Kuznetsova, Member of the Board – Managing Director of the Moscow Exchange stock market Ekaterina Trofimova, Chief Executive Officer, Analytical Credit Rating Agency (ACRA) Vladimir Chistyukhin, Deputy Governor of the Bank of Russia, Member of the Board of Directors 14:30-16:15 STATE FISCAL CONTROL: WHAT SHOULD CHANGE? Hall IV Current economic conditions have engendered a need to improve the mechanisms for government and municipal fiscal control, with a special emphasis on preventing misconduct. Of particular importance now is collaboration between the agencies of external and internal government and municipal fiscal control and creation of effective internal control systems in the government sector. What are the principal trends in developing government and municipal fiscal control in Russia? Which mechanisms of preventive and subsequent control are particularly effective? How do we ensure collaboration between the agencies of external and internal government and municipal fiscal control? How do we develop unified approaches to shaping such collaboration? How can effective systems of internal control and internal audit be set up in the public management sector? Moderator: Igor Bartsits, Director, Institute for Public Administration and Management at the Russian Presidential Academy of National Economy and Public Administration Speakers: Roman Artyukhin, Head of the Federal Treasury Tatyana Blinova, auditor, Accounts Chamber of the Russian Federation Evgeny Danchikov, Head of the Chief Control Directorate of the City of Moscow Gulnaz Kadyrova, Deputy Minister of Industry and Trade of the Russian Federation 5 Natalya Korzhova, Executive Secretary of the Ministry of Finance of the Republic of Kazakhstan During the panel discussion, awards will be handed to the winners in the category: - “Young professionals” 14:30-16:15 RUSSIA’S CUSTOMS SERVICE: YESTERDAY, TODAY AND TOMORROW Hall I In 2016, the Customs Service has been transferred to the jurisdiction of the Ministry of Finances, after which a profound re-engineering of existing business processes has been launched. The main task is not only to increase collection of these payments but also to create a more convenient business environment. How do participants in international economic activity assess the condition of the legal environment in the customs service and the possibilities for its improvement? What are the prospects for applying global best practices of integrating customs and taxation control in Russia? What is the business community’s opinion of the draft Customs Code of the EAEU? Moderator: Leonid Lozbenko, Chair, International Economic Activity and Customs Committee Opora Rossii Speakers: Ruslan Davydov, Deputy Head, Federal Customs Service Daulet Ergozhin, Chairman of the State Revenue Committee, Ministry of Finance of the Republic of Kazakhstan Mukay Kadyrkulov, Member of the Board – Minister in charge of Customs Cooperation Aleksey Mordashov, Chairman of the Board of Directors, PAO Severstal, Head of the Commission on Integration, Trade and Customs Policy and the WTO Aleksey Sazanov, Director, Tax and Customs Policy Department, Ministry of Finance of the Russian Federation Vitaly Survillo, Vice President, All-Russian Public Organization Business Russia; Head of the Improving Customs Regulations Working Group at ASI During the panel discussion, awards will be handed to the winners in the category - “Young professionals” 6 14:30-16:15 INNOVATIONS IN THE BUDGET LEGISLATION: COULD THE BUDGET REFORMS BE Hall VI COMPLETED? The
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