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Report: Russian regulator wants more powers to make deals with whistleblowers

The Russian central bank will push for changes in legislation that would give it the right to strike deals with whistleblowers, Vedomosti reported June 6.

The plans were outlined in a recently released draft document formulating the central bank's strategy for the development of the Russian financial market until 2021. The regulator hopes that the planned changes will speed up the investigation of financial crimes.

The central bank currently does not have powers to reduce or cancel penalties for market participants suspected of insider trading or market manipulation in exchange for their cooperation, the newspaper noted.