Rus News Journal

Dmitry Vasilev will sit on two chairs

Yesterday a number of large western investment banks and the companies officially declared
  Dmitry Vasilev will sit on two chairs
Yesterday a number of large western investment banks and the companies officially declared creation the Coordination centre on protection of the rights and legitimate interests of investors . According to bankers, anywhere in the world they had not to create similar structure, but in Russia at it the big future. Will head the new organisation, as well as the former head of Federal Commission on Securities Dmitry Vasilev informed earlier.

According to the vice-president of Federal Commission on Securities Alexander Kolesnikov, the Coordination centre - not unique structure which Dmitry Vasilev was going to head. (As the second place of work of the former head of Federal Commission on Securities will be called while it is not known, but, anyway, to be engaged it all the same is necessary protection of the rights of investors.)
When Dmitry Valerevich declared plans to head the noncommercial organisation which problems will include protection of the rights of shareholders, he did not mean the coordination centre. Its work here will be conducted in parallel with work in other organisation - Kolesnikov has declared. Vasilev on yesterday`s a press - conferences of heads of the new centre was not present - it is in America.
the structure similar to those which twenty large foreign investors (see the inquiry) have decided to create, before never was - neither in Russia, nor in other countries. it is the Russian project developed only for the decision of the Russian problems - director Flemings Asset Management Mark Dzharvis has underlined.
As a matter of fact, the Coordination centre is going to incur a part of functions, before assigned to Federal Commission on Securities and NAUFOR. One of its main problems - creation of the mechanisms preventing possible infringement of the rights of investors. The legal aid to the centre will be rendered by company PricewaterhouseCoopers CIS - Landwell, and its founders will finance.
however, despite impressive structure of founders of the centre, its prospect are represented not too iridescent. After all really to defend the rights of investors, it is necessary for it to achieve at least that to it listened. And it is uneasy - anyway, even as the head of Federal Commission on Securities Dmitry Vasilev no means always could protect investors. Among the nearest plans of the centre - inquiry in Mingosimuschestvo with the request to give the list of the enterprises which privatisation has been spent with infringements. The list will be given all interested shareholders with the prevention of possible problems. It means that Dmitry Vasileva`s ignored by Mingosimuschestvo the known letter, will be directed there again. But it will be signed any more by the head of Federal Commission on Securities, and the head of the little-known organisation.

SERGEY - TJAGAJ