Government Regulation of the Financial Market in Russia

Abstract

The article analyzed the peculiarities of state regulation of the financial market in Russia over the last decade, which helped to identify deficiencies in the legislative and administrative regulation of the financial system, and however showed a lack of a developed financial market infrastructure, the presence of large systemic risks and ineffective measures in the framework of the strategy of development of the financial market in Russia up to 2020. The proposed measures to address identified problems based on the integrated development of segments of the financial market, on the involvement of people's savings, on the activation of mechanisms of state-private partnership, improvement of legislative regulation.

DOI: 10.5901/mjss.2014.v5n24p321