2023, Vol. 10, No. 1. - go to content...

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DOI: 10.15862/60ECOR123 (https://doi.org/10.15862/60ECOR123)

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Karasov A.I. Study of the methodological foundations of the process of functioning of banking supervision and control. Russian journal of resources, conservation and recycling. 2023; 10(1). Available at: https://resources.today/PDF/60ECOR123.pdf (in Russian). DOI: 10.15862/60ECOR123

Study of the methodological foundations of the process of functioning of banking supervision and control

Karasov Amin Igorevich
Financial University under the Government of the Russian Federation, Moscow, Russia
E-mail: amin.karasov@mail.ru

Academic adviser: Botasheva Lyudmila Khasanovna
Financial University under the Government of the Russian Federation, Moscow, Russia
E-mail: LHBotasheva@fa.ru

Abstract. The article reveals the methodological foundations for the implementation of banking supervision and control. First of all, the author pays attention to the distinction between the concepts of banking control and supervision. The author emphasizes that the main goal pursued by banking supervision is the adequacy of capital and reserves of banks to neutralize the risks that arise in the course of their current activities. Banking supervision is an important tool for ensuring the financial stability of the country. It helps to increase confidence in banks and strengthen their reputation in the eyes of customers. In addition, it protects the interests of depositors and other participants in the banking system. The article emphasizes that in order to organize an effective system of regulation and supervision, the supervisory authority must clearly understand what risks credit institutions face and how they can affect their activities. Within the framework of the publication, the main types of risks are identified and characterized. Currently, there is a trend towards the convergence of the Russian legal system in relation to banking regulation and supervision to internationally recognized standards. The key reference point, according to the author, is the documents of the Basel Committee on Banking Supervision. Currently, there are many different classifications and approaches to the main tools and methods in the field of banking control and regulation. The author focused on the consideration of economic methods. In his opinion, the advantages of economic methods stem from their indirect nature of the impact and lie in the fact that credit institutions in this case follow their own strategy for responding to changes that have occurred. In the final part of the article, a conclusion is formulated regarding the role of banking control and supervision in ensuring economic security.

Keywords: bank control; banking supervision; economic security; economic methods; Basel Committee; credit organizations; economic stability; banking sector

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