NAUFOR permanent Committees are formed by NAUFOR Board of Directors from representatives of member-companies and other experts. Committees allow to form position on different issues of securities market development, draft laws and regulations, and to develop NAUFOR standards. NAUFOR has 10 standing Committees:

LEGAL COMMITTEE

Committee develops draft laws and regulations that govern financial market, drafts internal documents of the Association, and interacts with securities market participants.

Executive Secretary for the Committee: Vasiliy Medvedev, Head of Legal Department

DISCIPLINARY COMMITTEE

Disciplinary Committee considers cases of disciplinary offenses of NAUFOR members, makes decisions on them and enforces means of disciplinary influence in accordance to the NAUFOR Disciplinary Code.

INVESTMENT BANKING COMMITTEE

Committee develops and considers suggestions aimed at improvement of corporate financing, including draft laws and regulations that govern securities issue and underwriting areas.

ASSET MANAGEMENT COMMITTEE

Committee contributes to development and standardization of asset management activities on financial market. Committee participates in development of draft laws and regulations aimed at improving asset management activities and institutions of collective investment.

DEPOSITORY COMMITTEE

Committee is involved in development and consideration of suggestions and draft regulations aimed at improvement of depository activities on securities market.

DERIVATIVES COMMITTEE

Committee develops draft regulations that improve derivatives system, and develops suggestions on optimization of derivative contracts taxation.

DEBT INSTRUMENTS COMMITTEE

Committee develops and considers suggestions aimed at improvement of issue and circulation of debt instruments and optimization of taxation of debt trading. Committee is involved in development of laws and regulations that improve settlement of debt trading.

RISK MANAGEMENT COMMITTEE

Committee develops and considers suggestions aimed at improvement of risk management in professional market activities. Drafts regulations and laws of risk management system.

ACCOUNTING AND TAXATION COMMITTEE

Committee develops and considers draft legislation and regulation aimed at improvement of accounting and taxation connected with securities transactions.

INTERNAL CONTROL WORKING GROUP

The Group was created in 1996 to develop standards of internal control of NAUFOR member-companies.

The Group was involved in development of Federal Securities Commission's regulation on internal control, organized the dialogue between industry and state regulator during development of the Regulation of the Federal Financial Markets Service on internal control of the professional securities market participant that was adopted in March 2006.

The Group developed "Recommendations on Internal Control of the Professional Securities Market Participants".