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Analysis of the Evolution of Global Regulation in Separate Segments of Financial Markets
[Анализ Эволюции Глобального Регулирования Отдельных Сегментов Финансовых Рынков]

Author

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  • Bogdanyuk, Evgeny (Богданюк, Евгений)

    (Russian Presidential Academy of National Economy and Public Administration (RANEPA))

  • Kiyutsevskaya, Anna (Киюцевская, Анна)

    (Russian Presidential Academy of National Economy and Public Administration (RANEPA))

  • Trunin, Pavel (Трунин, Павел)

    (Russian Presidential Academy of National Economy and Public Administration (RANEPA))

  • Hudko, Elizaveta (Худько, Елизавета)

    (Russian Presidential Academy of National Economy and Public Administration (RANEPA))

Abstract

Global system of financial regulation began to develop in the 1970s. in the conditions of increasing openness of financial markets and active developing of financial instruments. Currently global regulation standards cover the activities of key segments of the financial market and corporations: the banking sector, insurance organizations, payment and settlement systems, collective investment funds, securities market, a system of deposit insurance, and the organization of the financial statements. Development of financial activities in Russia requires an appropriate control system development, taking into account international best practices. The paper analyzes the evolution of global regulation system of individual segments of the financial markets, the extent of Russian involvement in global regulation and compliance with national approaches to the global standards.

Suggested Citation

  • Bogdanyuk, Evgeny (Богданюк, Евгений) & Kiyutsevskaya, Anna (Киюцевская, Анна) & Trunin, Pavel (Трунин, Павел) & Hudko, Elizaveta (Худько, Елизавета), 2017. "Analysis of the Evolution of Global Regulation in Separate Segments of Financial Markets [Анализ Эволюции Глобального Регулирования Отдельных Сегментов Финансовых Рынков]," Working Papers 031702, Russian Presidential Academy of National Economy and Public Administration.
    • Handle: RePEc:rnp:wpaper:031702
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