FBK taps into new opportunities in financial market

The Bank of Russia included FBK on the list of the bondholder’s agents.

As explained by Valery Tyurin, FBK Financial Markets Adviser, the issuer-bondholder relationship has inherent risks, including bankruptcy risk, default risk, late repayment risk. The bondholder’s agency function has been introduced in order to mitigate holding risks, manage contentious issues and eventually generate return on investments and win them back.

He went on to add, “Our experience and expertise empower us to provide comprehensive services in the financial market. We are now one of ‘fair play’ agents. It is the bondholder’s agent’s function to establish and ensure observance of fair play rules and generally to promote the development of stock market activities.”

According to Valery Tyurin, being a professional stock market intermediary means we have not only the right to supervise the fulfilment of the issuer’s obligations to the bondholder and ensure safety and security of the pledged property, but are empowered to stand for the rights and interests of the bondholder, ensuring the bondholder group’s rights.

Recommend