Vital Problems of Regulation of Banks Activities
Abstract
Th e article considers some peculiarities of forming modern Russian banking system in the context of development and implementation of regulation and supervision procedures. The reasons and specifics of crises the banks passed during the last 20 years are analyzed. Decisions aff ected smoothing or aggravating crises in the banking sector are examined. Particular attention is paid to the situation that arose in fall 2013: its reasons and possible consequences for the economy are considered. The need for timely adoption of measures against the banks involved in illegal operations is stressed. The author substantiates the expediency to clarify the particularities of present concept of «time deposit» with giving status of irrevocable to it. Simultaneous introduction in the legislative documents of a new term «savings deposit» with its specifi c conditions is proposed. Refs 42.
Keywords:
banks, Bank of Russia, banking regulation and supervision, banking legislation, banking crises, deposit insurance, competition, time deposits, savings deposits
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Петрова Т. И. Надзор за деятельностью системно значимых кредитных организаций // Банковские услуги. 2013. № 11. С. 12–16.
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Articles of the St Petersburg University Journal of Economic Studies are open access distributed under the terms of the License Agreement with Saint Petersburg State University, which permits to the authors unrestricted distribution and self-archiving free of charge.