Financial Security Olympiad. Who can help bring it online?

Story International Economic Forum 2022

A digital platform will be created for the International Financial Security Olympiad. PSB will take part in the development. The corresponding agreement was signed at SPIEF.

The Olympiad is designed for the participation of schoolchildren in grades 8-10 and students enrolled in bachelor's, specialist's and master's programs. 

The agreement of intent for cooperation was signed by Chairman of the PSB Petr Fradkov and Director of Rosfinmonitoring Yury Chikhanchin at the XXV St. Petersburg International Economic Forum.

The cooperation of the parties includes, in particular, the organization of events for the final part of the Olympiad on the federal territory “Sirius”; in October 2022, as well as the bank's participation in the creation of the Sodruzhestvo international digital platform and joint development of educational programs in the areas of financial security and compliance control for placement on this platform. It will become a single digital space for the formation of an extensive database of knowledge and competencies, will allow holding the Olympiad in an electronic format and will ensure close interaction between the Olympiad participants from Russia, the CIS and the BRICS countries with the expert community. In addition, the digital platform will serve to strengthen cooperation and promote the integration of the countries of the Eurasian region.

“The constantly changing external environment and the intense flow of information dictate their own rules, forcing them to continuously study, learn new things, and expand their horizons. In light of this, improving information, financial and legal literacy is of particular relevance, and it is extremely important to instill money management skills already from school. The International Financial Security Olympiad allows not only to evaluate subject knowledge, but also to improve its general level. Modern digital platform “Commonwealth” will provide a convenient tool for testing and enrich the knowledge of the participants of the Olympiad through rich educational programs prepared with the participation of PSB, which has extensive expertise in the field of banking, — Petr Fradkov commented on the agreement.

“Today it is very important to show talented youth possible ways of further professional and personal growth, for example, in the field of financial security. We need a product that will become the main knowledge base and the basis for the development of competencies in the field of economics and finance. The successful International Financial Security Olympiad in 2021 showed us a high level of involvement of schoolchildren and students in financial security issues, their desire to develop and try their hand and knowledge in a competitive environment. Many of the participants of the Olympiad are now undergoing internships at Rosfinmonitoring, as well as with organizing partners, and we are glad that our “anti-money laundering” the system is replenished with young, ambitious personnel who develop it and bring new ideas. In this regard, the creation of the international digital platform “Commonwealth”, which will become the core of a large educational movement, is an important step in the development of modern teaching methods. We hope for the speedy implementation of the project», — noted Yuri Chikhanchin.

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