On 6 March, the St Petersburg School of Conference Interpreting and Translation hosted a round table discussion “Quality Standards in Translation and Translation Competency Assessment”. A constructive and engaged discussion lasted from 10 a.m. till 5 p.m. Among the participants were A. Krivtsov, Chief Expert of the Chamber of Commerce and Industry (Moscow), V. Strizhakov, Deputy Chief of the Department of Staff Assessment in the Research and Training Center “Control and Diagnostics” (Moscow), N. Duplenskiy, Vice President and Chairman of the Expert Board of the National League of Translators (Moscow), E. Maslovskiy, a UTR Board Member, representatives of translation agencies from Moscow and St Petersburg and the Proverbum Center, administration and trainers of the St Petersburg School of Conference Interpreting and Translation and St Petersburg State University. The participants of the discussion came to the conclusion that it was necessary to develop national industrial quality standards and expressed their readiness to take part in this process together with the Russian Chamber of Industry and Commerce.