Federal legislation provides only minimal and insuffi cient regulation of the statusand activities of the regional audit institutions in Russia. Due to this themain developments in the regulation of state audit and regional audit institutionsin Russia happen on the regional level.Th e article describes the process of adoption and the main features of thenew Law of the City of Moscow “On the Chamber of Control and Accounts ofMoscow” including aims and powers of this public body, its independence and accountability,types of its activities, and the process of planning of its activities.