Optimal Regulatory Design for the Central Bank of Russia

Optimal Regulatory Design for the Central Bank of Russia

Optimal Regulatory Design for the Central Bank of Russia

The Central Bank of Russia (CBR) assumes a wide range of functions not raditional to a central bank. In addition to the daily conduct of monetary policy, it acts as a regulator and supervisor of the banking sector. It is currently overssing the implementation of a deposit insurance scheme and is the main owner of Russia's largest commercial bank, Sberbank.

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