Valery Lyakh

Director, Department for Countering Malpractice, Bank of Russia

Mr. Lyakh graduated from Russian State Technological University (MATI) named after K.E. Tsiolkovsky in 2006, specializing in information systems and technologies. In 2009 he obtained a degree in Economics with focus in financial markets and financial engineering from Financial University under the Government of the Russian Federation.
Since joining the Federal Service for Financial Markets (FSFM) in 2009, Mr. Lyakh has been working in financial market regulation. In 2011, he was appointed as FSFM Head of the division engaged in countering insider trading and market manipulation.
In 2014, he was appointed as Head of the Main Office for Countering Malpractice in the Open Market, a new division created at the Bank of Russia. In June 2017 the Main Office was extended to Department for Countering Misconduct with Mr. Lyakh appointed as Director.
The areas of expertise include investigations related to market abuse, inter alia insider trading, market manipulation, price distortion, financial pyramids, unlicensed regulated activities and high-frequency trading.