"For this year, we plan to follow through on two essential projects: a central depositary and an insider trading law," Vladislav Streltsov, deputy head of the service, told an economics conference in London.
The depositary will be formed to make financial settlements, both in cash and equities, and to store data concerning the rights to securities and property, Streltsov said.
The new insider trading legislation will be aimed at preventing information leaks on forthcoming market transactions in order to avoid price manipulation, he said.
The annual economics conference "One on One", which is organized by the United Financial Group, opened February 8 in London. Russian and foreign financial experts, businessmen, and government officials are participating in the conference.
