Legal regulation of banking and digitalization: problems and prospects for development

Terekhova Valentina Vladimirovna

This article examines the typical problems arising in part of the legal regulation of banking activities in the conditions of digitalization of the economy, as well as the prospects for the main directions of the development of the banking sector under the influence of digital transformation of the entire sphere of government legal relations, which is purposefully implemented in Russia. The banking sphere today is an integral tool for the development and operation of any economy, actually by the role of its circulatory system, and the spectrum of services rendered by banks is currently very wide and difficult to be a complete comprehensive description. The Government of the Russian Federation is taken by a course on the widespread digitalization of not only interdepartmental interaction, state and municipal services, but also on the digitalization of the entire sphere of civil legal relations on as much as it is possible to implement technologically. The digitalization of the economic interaction of economic entities and the state allows not only to optimize the available resources, but also increase the efficiency of their use by expanding technological capabilities. Accordingly, the banking sphere does not remain anything, how to follow the established global trend on digitalization, as this allows you to take advantage of a number of new opportunities and advantages.

Keywords:banking, regulation, digitalization, development problems, special legal regimes, development prospects, improving efficiency.