3rd International Rouble Settlement Forum Jon Kemp- Citi Securities & Banking

Why the need for Rouble forum? Provide the industry with confidence in the infrastructure to encourage international investment Draw up a collective road-map that highlights the wishes of the international community vs. the constraints in Russia End the myth that the RUB clearing system is a mine field Networking.

Next Steps for the International Community Ensure RUB correspondents take up membership of BESP Understand intricacies to deliver STP environment Work with correspondents to deliver robust, accurate funding processes Continue, as a forum, to share best practice to create consistency across the market Create a level playing field to ensure service standards remain optimum