The role of the Bank of Russia in banking regulation (legal aspects)

Erpyleva, Natalia
August 2001
Journal of International Banking Regulation;Aug2001, Vol. 3 Issue 1, p88
Academic Journal
This paper addresses different problems arising from legal aspects of prudential banking regulation in Russia. The structure, functions and the legal status of the Bank of Russia are analysed in comparison with the Bank of England, with special attention to their roles as the main banking regulators in their respective banking systems. Also scrutinised are prudential standards of banking regulation in Russia, including capital adequacy and large exposures. Several issues concerning consolidated banking supervision are discussed in depth.


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