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25.02.2014

EXIAR and Rosfinmonitoring sign cooperation agreement

On 25 February 2014, the Russian Agency for Export Credit and Investment Insurance (EXIAR) and the Federal Financial Monitoring Service of Russia (Rosfinmonitoring) signed a cooperation agreement.

The agreement was signed by Peter Fradkov, CEO of EXIAR, and Yuri Chikhanchin, Director of Rosfinmonitoring.

The two organisations will provide mutual expert and consultancy support on issues falling within their respective fields of competence.

EXIAR and Rosfinmonitoring will collaborate in creating an efficient internal control system at the agency to counteract corruption, money laundering and financing of terrorism.

The Russian Agency for Export Credit and Investment Insurance (EXIAR) was established in 2011 as an open joint-stock company. EXIAR’s mission is to support Russian high-tech exports by insuring export credits against commercial and political risks, as well as Russian investments abroad against political risks.Vnesheconombank is the sole shareholder of EXIAR. The agency's charter capital is RUB 30 billion.

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