Starting from 2014 Russian commercial banks shifted to the estimation of a bank capital amount and its adequacy in accordance with the international capital standards of Basel III. Before the introduction of the new capital standards in RF banking practice, numerous experts pointed out the arising problem associated with the replacement of the capital sources which do not comply with the new capital quality requirements. Therefore, in this article the quality of banks’ capital sources was examined. The analysis was run starting from the official date of a mandatory publication of «Сalculation of Сapital» under the new Basel III requirements of capital estimation.
Monograph by S. Khasyanova «Upgrading Banking Regulation and Supervision in Russia in the line with International Standards» is devoted to the study of the development of banking regulation and supervision in Russia on the basis of international principles and standards. The process of implementation of international principles and standards of banking regulation in the Russian Federation and the following consequences are analyzed in the context of financial stability. Particular attention is paid to macroeconomic regulation and development of prudential regulations and requirements for banks, taking into account banking sector peculiarities. The regulation of systemic risk, identification of systemically important banks and applied to them a particular regulatory regime were investigated. The Deposit Insurance System and its role in enhancing the stability of banks as well as its directions of improvement are also considered in the study. The book is intended for professionals in the field of finance and banking, teachers and students of universities’ economic and financial departments.
A tendency to toughening financial regulation, integration of financial regulators into national and transnational is observed in the post-crisis period. On the one hand, it leads to homogeneity and harmonization of national and transnational financial regulatory systems. On the other hand, financial regulation toughening results in economic growth slowdown. Economic situation has a significant impact on consequences of imposing new financial standards – regulatory failures in the crisis period, present monetary policy, low interest rates, credit crunch. The paper analyses consequences of financial regulation toughening – Basel II and Basel III agreement, FATCA (American law toughening regulation of taxation of foreign financial accounts), integration of financial regulators tendencies and establishment of megaregulators – in the light of current economic environment. The paper discusses prospects of influence of new financial standards on global economy in short-run and medium-term period.
This article is devotedto analysis of top management team heterogeneity of banks on the Russian market. Sample of the research consists of 178 banks, which represent well the Russian banking sector. Data about age, gender, education, and work experience of Executive Board members is collected from websites of banks. Team heterogeneity is analysed based on the coefficient of variance calculation. The research demonstrated that top management teams in banks are homogenous in terms of citizenship, lack of international work experience and duration of Executive Board membership. High heterogeneity is found out in functional work experience and education.