Who we are

The Russian non-profit partnership “Financial Communications and Investor Relations Alliance” (NP "ARFI", ARFI, former AFBID), was established in 2000. In 2012-2013 it was reorganized and renamed with the aim of bringing the two largest Russian IR-societies together.

Moscow Exchange, financial agencies, issuers and other persons and entities involved in Investor relations, financial communications and business information are among members of the Alliance. In 2007 – 2008 ARFI initiated official recognition of the IR specialist profession in Russia.

ARFI aims to increase the transparency and investment attractiveness of the Russian financial market and to open up the financial communications market for fair competition.

ARFI is a member of the Global Investor Relations Network. It also cooperates with FISD / SIIA (USA), ABIRD (Bulgaria), Middle-East IR Society (UAE) and UAIR (Ukraine).

What We Do: 
  • Development and adoption of professional guidelines and standards for financial and capital markets;
  • Financial and capital markets infrastructure development;
  • Initiation of legislative proposals relating to financial and capital markets regulation;
  • Support of the international activities, including establishment of contacts with international and national professional bodies.