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PManagement of Systems Risks in the Russian Financial Market


Aleksandr Gusev
(about the author)

Gusev Aleksandr Valeryevich – Postgraduate Student, Chair of Risk Management and Insurance, Department of Economics, Lomonosov Moscow State University, Leading Risk Manager, Brokerskiy Dom Otkrytie (Opening Brokerage House) OJSC

Published in:
Russian Journal of Entrepreneurship
– № 8-1 / August, 2010



Keywords: capital sufficiency, compensation funds, financial market regulation, standards of risk management, systems risks


Citation:
Aleksandr Gusev (2010). PManagement of Systems Risks in the Russian Financial Market. Russian Journal of Entrepreneurship, 11(8), 127-131. — url: http://bgscience.ru/com/lib/2268


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Abstract:

The article deals with the issues of regulating the Russian financial market and it analyzes the mechanisms of systems risks decreasing. The author considers the problem of creating a national compensation system, unification of requirements to the financial market participants, implementation of risk management standards and raising the standards of equity capital sufficiency.








References:
1. Rasporyazhenie Pravitelstva RF ot 29.12.2008 № 2043-r «Ob utverzhdenii Strategii razvitiya finansovogo rynka Rossiyskoy Federatsii na period do 2020 goda».
2. Securities Investor Protection Corporation. Annual Report 2009. April 2009
3. Directive 97/9/EC of the European Parlia ment and of the Council of 3 March 1997 on investor-compensation schemes
4. Cheremisina M. Trudno byty belym // Vestnik NAUFOR. – 2008. – № 11.
5. International Convergence of Capital Measurement and Capital Standards: A Revised Framework – Comprehensive Version. – Basel Committee on Banking Supervision. BIS, June 2006.
6. NAUFOR protiv povysheniya trebovaniy k kapitalu // Vestnik NAUFOR. – 2009. – № 7–8.
7. Prikaz FSFR Rossii ot 30.07.2009 № 09-29/pz-n «O vnesenii izmeneniy v normativy dostatochnosti sobstvennyh sredstv professionalnyh uchastnikov rynka tsennyh bumag, a takzhe upravlyayuschikh kompaniy investitsionnyh fondov, paevyh investitsionnyh fondov i negosudarstvennyh pensionnyh fondov, utverzhdennye Prikazom Federalnoy sluzhby po finansovym rynkam ot 24.04.2007 № 07-50/pz-n».

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