АNTI-CRISIS FINANCIAL REGULATION OF THE BANKING SYSTEM: DOMESTIC REALITIES AND FOREIGN EXPERIENCE

Abstract

The article substantiates the conceptual approach to the formation of the mechanism for anti-crisis financial regulation of the banking system, which outlines the set of causality and feedback of the elements of the banking system in view of changes in external and internal environments to ensure the development of such a system in the global economic space. The proposed approach identifies the components of the mechanism for anti-crisis financial regulation of the banking system, its features, which are considered and specified in the following elements: a purpose, tasks, subjects, objects, principles, functions, and tools. It has been justified the prospects for adaptation of foreign experience in improving the areas of anti-crisis financial regulation of the banking system by substantiating the main measures and tools, in particular: strengthening control over the activities of banks; focusing banking on financing the real economy; restricting speculative banking operations; separating investment and banking operations; refinancing only those banks that lend to small and medium-sized businesses; stimulating the write-off of problem mortgages; setting a growth limit for large financial corporations; introducing additional taxes and fines for speculative operations of banks and others. Key words: banking system, anti-crisis financial regulation, financial policy, financial stability, crisis, mechanism.