Fund attended an expert group meeting in Moscow

Director of the “Fund for Guarantee Citizens' Deposits in Banks” Nodir Abbossov took part in an expert group meeting in Moscow, Russia on December 5, 2024. The event focused on the issues of harmonization of legislation in the field of insurance (guaranteeing) of bank deposits (deposits), liquidation, recovery, and bankruptcy of credit institutions on the territory of the EEU (Eurasian Economic Union) under the advisory committee on the financial market of the EEC (Eurasian Economic Commission).

Various specialists of deposit insurance organizations from Russia, Armenia, Belarus, Kazakhstan, and Kyrgyzstan attended the event. Particular attention was paid to the exchange of experience regarding the development of information technology and data security in the system of deposit insurers. In conclusion, the heads of deposit insurance organizations agreed to continue cooperation in this area in order to promote a more effective deposit guarantee system.