GOVERNMENT REGULATION AND SELF- REGULATION OF NETWORKS ACTIVITIES OF FINANCIAL institutes ON THE RUSSIAN FINANCIAL MARKET

Abstract

The purpose of writing this article is to determine the main directions and forms of regulation of the activities of the networks of financial organizations in Russia. The subject of the research is the networks of financial (banking, parabank) organizations operating in the Russian financial market. The network approach is used by sociologists, mathematicians and economists to study various phenomena and processes from the second half of the twentieth century. Relatively recently, this approach has been used to study the financial market, since it makes it possible to explain the phenomena of the functioning of the financial market associated with the interaction between its participants. The results of a study of various segments of the Russian financial market indicate the existence and development of various networks of financial organizations. Taking into account the network nature of the Russian financial market when making decisions on its regulation will increase the effectiveness of regulatory measures and tools. The article presents an original view on how to regulate the network of financial organizations, the formation of an appropriate regulatory mechanism.