Pavel Prass’ appointment as head of NFA Council on Specialized Depository Business approved

The Board of Directors of the National Financial Association (NFA) has decided to establish NFA Council on Specialized Depository Business, as it applies for the Central Bank license in the field. Pavel Prass, Director General of INFINITUM Asset Services, has been approved as the head of the Council.

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NFA is the leading trade association of the Russian financial market players, which includes over 250 members, mostly credit institutions, from 27 regions of Russia. NFA also administers five major Russian financial market indices: MosPrime Rate, RUONIA, ROISFIX, NFEA FX Swap, RUREPO.