Moderator: Bruce Henninger, Senior Managing Director – Chief Analyst

The topic of independent guarantees, due to its relevance, is never out of sight of the banking community. The session will discuss the problem of bringing the provisions of the law regulating the institute of independent guarantees to the realities of modern international practice, as well as identifying needs for improvement of regulation within the state contract system, including the effectiveness of settlement instruments in the sphere of state procurement, and other pressing issues.