International Association of Exchanges of the Commonwealth of Independent States (abbreviated as Association, MAB CIS, MAB or IAEx).
MAB CIS was established in Moscow in April 2000.
MAB is an international non-profit organization, carries out its activities on the principles of voluntariness and self-government, is a legal entity established and acting in accordance with the legislation of the Russian Federation.
The main objectives of the Association are
- Promotion of implementation of international securities market standards, development of cooperation in the field of monetary and financial relations through the development of national currency, stock, urgent and commodity markets.
- Coordination of currency, stock and commodity exchange activities in order to promote mutual cooperation and development of international economic and financial ties.
- Determination of priority directions in the development of financial markets, exchange commodity markets.
- Technological cooperation and standardization.
- Mutual study of the experience of the organization of currency, stock and other financial markets, as well as commodity exchange markets
The MAB includes leading financial and commodity exchanges, organizations (depositaries, settlement companies) of the Commonwealth of Independent States, which play a key role in servicing mutual financial turnover, currency transactions, government and corporate securities, commodity lots. Organizations – MAB members are the central link in the financial infrastructure. Being between the monetary authorities (regulators) and the market participants, they not only organize tenders and conduct calculations, but act as a catalyst for change and the introduction of innovations.
The Association actively cooperates and directly participates in the activities of the CIS Executive Committee, the Eurasian Economic Commission, the CIS Finance and Banking Council, the Chambers of Commerce and Industry of the CIS countries, the development of model laws as part of the project groups of the Inter-Parliamentary Assembly of the CIS, in the meetings of the heads of authorized bodies for regulation of securities markets , expert groups and Subcommission of the Central (National) banks of the CIS countries.
Governing Bodies | |
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Name | Description |
General Meeting of the Association |
The supreme governing body. It is convened at least once a year. |
Association Council |
Collegial management body. Manages the work between General Meetings. |
Counsil of the IAEx CIS | |
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Position | Member of the IAEx Council |
Chairman of the Management Board of JSC “Belarusian Currency and Stock Exchange” |
Auchimenya Andrey Grigorievich |
Member of the Management Board – Managing Director for Sales and Business Development |
Marich Igor Leonidovich |
Chairman of the Board of the Commodity Exchange “ETS” |
Orazaev Kurmet Chaimordanovich |
President of JSC “St. Petersburg International Commodity Exchange” |
Rybnikov Alexey Ernestovich |
Deputy Chairman of the Management Board of Kazakhstan Stock Exchange JSC |
Khoroshevskaya Natalia Yurievna |
EXECUTIVE DIRECTORATE OF THE IAEx | |
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Position | Member of the Directorate |
Executive Director of the Association |
Kuprin Alexey Igorevich |
Chief Accountant of the Association |
Shutova Olga Viktorovna |
Executive Secretary |
Kozlov Victor Andreevich |
Audit Commission | |
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Position | Member of the Audit Commission |
Vice-President of JSC “St. Petersburg International Commodity Exchange” |
Gerasyuk Alexey Nikolaevich |
Finance Director Armenia Securities Exchange |
Hayrapetyan Mikayel Arturovich |
Chairman of the Management Board Uzbek Republican Stock Exchange “TOSHKENT” |
Usmonov Bekzod Shavkatovich |