Institutions providing microfinance services in Russia include formal institutions (banks, non-bank credit institutions, credit cooperatives and state/municipal development funds) and semi-formal institutions (which take several organizational forms and play a major role in the industry). Banks and non-bank credit institutions are regulated by the Central Bank of the Russian Federation. Credit cooperatives are not regulated at the federal level; however, states may regulate credit cooperatives through state-specific laws. Finally, several state and municipal small and medium enterprise support funds exist and are regulated by state, regional, and federal governments. Microfinance organizations are governed by a legal framework adopted in July 2010, under which the Ministry of Finance issued prudential regulations for microfinance organizations and the Federal Service for Financial Markets (FSFM) established and maintains a federal register of microfinance organizations. The FSFM also maintains federal registers of other relevant entities, including consumer credit providers and credit bureaus.