The Ministry of economic development and the Ministry of Finance with the participation of the Central Bank and the working group on creating an international financial center by October 15 submit to the government proposals for the development of alternative mechanisms of financing – crowdfunding, crowd-investing, round ledge.

The corresponding task was included in the list of instructions following the meeting of the Presidium of the presidential Council for economic modernization and innovative development, which Prime Minister Dmitry Medvedev held on May 25, according to the press service of the government.

Also, departments will develop proposals for investment in innovative companies, including the improvement of the legislative regulation of convertible bonds, preferred shares and income tax on them.


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