The Supreme Council of the EAEU Supported Approaches to Creating a Common Financial Market
The basis of the adopted decision is a differentiated approach to regulation, which involves the implementation of harmonized standards established in international agreements of the EAEU for financial organizations providing their services in the Union's single market.
At the same time, for those participants operating only in domestic markets, the norms of national legislation apply.
This differentiated approach helps achieve a balance between the integration process and the protection of national financial systems, creating clear rules for all market participants and promoting the improvement of accessibility and quality of financial services.
Moreover, the new approach allows financial organizations to independently choose whether to enter the common EAEU market based on their own capabilities and economic calculations.
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