FBK to audit the 2015 financial statements of the Bank of Russia
Date of publication
26.10.2015
FBK will audit the 2015 financial statements in consortium with PwC.
The choice of a consortium of firms to be engaged for the audit of the Central Bank’s reporting acknowledges the high authority and quality of the professional services of the engaged firms.
FBK has been awarded the right to take part in the audit of the Central Bank’s financial statements for the eleventh time since the National Financial Board has designated the auditor for the Bank.
The Central Bank of the Russian Federation (Bank of Russia) at the instructions of government authorities of Russia carries out a monetary policy, the issue of money, operates as a regulator and supervisor for commercial banks, pursues exchange regulation and exchange control, performs monitoring and regulating functions for stock and insurance markets and other monitoring and regulatory measures associated with the country’s monetary system. The Bank of Russia is one of the largest European central banking regulators.