Current state and prospects of Russian financial industry development Anatoly Aksakov Chairman of the Committee on financial market State Duma of the Russian Federation, Chairman of the Council Association "Russia" USRBC Annual Meeting, New York, 2017

The contribution of financial services (finance and insurance) to GDP by the added value of various countries in 2016,% Turkey* Japan* Eurozone Russia Brazil* Great Britain USA China* Switzerland * information as of 2015 Source: OECD Database

of the main macroeconomic indicators y / y. The increment rate of the main macroeconomic indicators y / y. The economy of the Russian Federation has successfully adapted to the conditions of the sanctions regime and demonstrates a trend towards active development. * baseline forecast Source: Forecast of the socio-economic development of the Russian Federation for 2018 and for the planning period 2019 and 2020

Main indicators of the banking sector, billion rubles * Deposits of individuals, accounts and deposits of legal entities Source: Bank of Russia

The percentage of groups of credit institutions in the main indicators of the banking sector * -8,4 pp -4,0 pp -0,9 pp -0,9 pp +4,9 pp +9,3 pp -10,8 pp -6,9 pp -1,4 pp -1,2 pp +8,1 pp +12,1 pp * hereinafter the list of systemically important credit institutions as of 13.09.2017 Source: Bank of Russia

New financial instruments Adopted and planned legislative changes having a significant impact on the financial market New financial instruments Clearing participation certificate Deposits of legal entities with a central counterparty Personal investment account Structural Receipts (Draft law) Syndicated loan (Draft law), "project factory" of Vnesheconombank Exclusion of taxation of non-residents' income on derivative financial instruments from a source in the Russian Federation Remote identification (Draft law)

Proportional regulation Adopted and planned legislative changes having a significant impact on the financial market Proportional regulation Inclusion of small business funds into the insurance system contour (Draft law) Legislative introduction of the institution of the authorized person in financial markets (ombudsman) Establishment of the Banking Sector Consolidation Fund The percentage of the banks of the FC Otkritie group (PJSC "Bank Otkritie Financial Corporation", TRUST Bank, PJSC RGS Bank), and of Binbank group (PJSC BINBANK, BINBANK Digital, ROST BANK JSC, JSC "Uralprivatbank") accounts for 6.4% of the banking system assets, 3.5% of the loans to non-financial organizations, 2.4% of the loans to individuals, 3.1% of organizations' funds, 4.7% of household deposits.

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