Social Sciences
6 years ago

Bank of Russia leads the charge in integrated financial regulation revolution

Journal of Reviews on Global Economics
The Main Directions of the Bank of Russia’s Activity in the System of Integrated Financial Regulation
Irina E. Shaker, N. S. Shaker

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The Bank of Russia is focusing on three main areas in financial regulation: ensuring stability, overseeing risks, and regulating behavior to prevent financial crises. By standardizing practices and limiting risky behavior, they aim to prevent problems in the banking sector and overall financial system. This approach helps to manage risks and maintain stability in the financial market.