A project group under the presidential council...
The Russian authorities earlier intended to set up a managing company to deal with the establishment of the international financial center in the Russian capital.
"A managing company will not be established yet, as discussion has showed that this is not expedient at this stage. It would suffice to have a special coordination working group, which will be created under the council," Arkady Dvorkovich said.
“The president will gather a council for the development of financial markets once every two months and will coordinate this process at a strategic level,” he added.
The group will be headed by Alexander Voloshin, Dvorkovich said.
Voloshin worked as chief of presidential staff under Boris Yeltsin.
“He has more time than we do and boasts a significant experience in management and coordination and has an infallible reputation in financial and business circles and among Russian authorities,” Dvorkovich said.