1. 3rd International Rouble Settlement Forum
Jon Kemp- Citi Securities & Banking

2. Why the need for Rouble forum?
Provide the industry with confidence in the infrastructure to encourage international investment
Draw up a collective road-map that highlights the wishes of the international community vs. the constraints in Russia
End the myth that the RUB clearing system is a mine field
Networking.

3. Next Steps for the International Community
Ensure RUB correspondents take up membership of BESP
Understand intricacies to deliver STP environment
Work with correspondents to deliver robust, accurate funding processes
Continue, as a forum, to share best practice to create consistency across the market
Create a level playing field to ensure service standards remain optimum