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"Cleansing" and centralization banking sector in the adjustment basel requirements

Zvonar Vitaliy Konstantinovich  ()

The problem of development of the banking sector in Russia, as well as the reasons for the selection of frequent cases of CBR licenses. Only in 2015, the Central Bank revoked the licenses of 100 banks, these measures suggest a possible monopolization of the banking sector in the Russian Federation, which in turn could adversely affect the standard of living of the population. In response to the events of 2007-2009 were introduced by Basel 3 requirements. However, if European banks to quickly and successfully adapt to increased regulatory requirements, the Russian banks were not ready for these changes, but not which ones did not meet even the requirements of Basel 2. As a result, banks have been unable to adapt to the new requirements have lost their licenses to conduct banking activities.

Keywords:financial institution regulator, regulation, mega-regulator, the financial market, sanctions, withdrawal of licenses, closure of banks, Basel.
 

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Citation link:
Zvonar V. K. "Cleansing" and centralization banking sector in the adjustment basel requirements // Современная наука: актуальные проблемы теории и практики. Серия: ЭКОНОМИКА и ПРАВО. -2016. -№02. -С. 9-11
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