Современные тенденции международного финансового регулирования: влияние на мировую экономику

Вестник УрФУ. Серия: Экономика и управление. 2016. № 5. С. 734–752.

Tabakh A. V., Podrugina A.

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.

Keywords: экономический рост, финансовое регулирование, кризис, банковский сектор, economic growth, crisis, banking sector, кредитное сжатие, credit crunch, мегарегулирование, financial supervision, megaregulator