RAFMM (Russian Association of financial markets) - is a nonprofit organization that was created to strengthen the foundations of civilized relations between all the domestic players in international financial markets, increase trade turnover of the Russian segment of the financial markets, increase profitability and security of transactions, as well as full cooperation to the process of creating a Russia one of the international financial centers. To achieve these goals RAFMM as a formal partnership companies in the financial markets, uses a voluntary certification and licensing of its members as a mutually beneficial system of trust and partnership.
In addition, the tasks of the Russian Association of Financial Markets (RAFMM) is:
- Achieving consistently high level of quality and accountability provided by the participants RAFMM brokerage services;
- Transparency and security of Russian financial markets;
- Compliance by parties RAFMM domestic and international legislation in the financial services sector, in particular legislation on anti-money funds, the proceeds of crime;
- Promotion of civilized rules and customs of international business and fair competition among players RAFMM, fair arbitration of disputes arising between them;
- Promoting the improvement of legislative and regulatory framework of the Russian segment of the international financial markets;
- Increasing the credibility and reputation of the profession of financial broker dealer and finance, as a reliable assistant and advisor to the Russian middle class.
- Improvement of information-analytical support of financial market participants;
- Conducting research and educational programs to improve financial literacy in Russia, involving a business turnover of the financial markets a greater number of citizens, as a factor in increasing their prosperity and competitiveness.
Thus, the main activities of the Russian Association of Financial Markets (RAFMM) includes the following:
- Certification of professional-level
- Licensing activities
- Arbitration of disputes
- Learning
- Information
- Insurance and Protection.
Members of the Russian Association of Financial Markets (RAFMM) is always left open the door of his public organization responsible for financial brokers who share the above goals, objectives and values. One of the basic principles of operation is not only the continuous improvement of internal structure and regulatory documents, but also expanding the membership of the Association.
KROUFR (Commission for the Regulation of Relations of Financial Markets) - a nonprofit organization that aims to develop services and to regulate the relations of the Russian participants in international financial markets.
Objectives KROUFR:
- Ensuring conditions and coordination of participants in international financial markets;
- Assistance to minimize risks of the international financial markets;
- Develop and facilitate implementation of rules and standards for conducting operations in international financial markets, including business ethics, fair competition, solving disputes and differences between participants in international financial markets;
- Creation of an insurance fund for clients dealing centers - Members KROUFR;
- Assistance in organizing the conditions for improving the quality of participants in international financial markets;
- Promoting the improvement of legislative and regulatory framework of international financial markets;
- Informational and analytical coverage of services and the principles of the international financial markets;
- Conducting research on trends and prospects in international financial markets, the introduction of new technologies.
The main activities KROUFR:
Resolving issues and disputes, participants in international financial markets.
Certification of participants in international financial markets.
Ensuring compliance with the obligations of certified participants in international financial markets.