Purpose The purpose of this paper is to study the current state of the Russian banking system in the context of digital economy development, to establish and identify the benchmarks and needs of legal regulation, to study the potential possibilities of digitalization of relations in the banking sector in the mechanism of implementing prudential rules. Design/methodology/approach Using the method of political and legal analysis used in this study, the legal guidelines for the digitalization of the banking sector and the financial services market have been determined, which in the Russian legal system are strategic planning documents. Findings International research in the field of banking indicates that digitalization and globalization of the economy stimulate the processes of international regulatory cooperation and harmonization of legislation, the use of new approaches in the development and adoption of regulations in the financial market. The growth of digitalization of relations in the banking sector will contribute to the effective implementation of prudential rules, including those related to the need to protect public interests. Originality/value The study revealed a number of issues related to the digitalization of the activities of credit institutions that are professional participants in the securities market and the central bank as a financial mega-regulator, requiring a legal solution. Measures aimed at improving the current legislation and procedures of state regulation and supervision are proposed.
The purpose of research. The article discusses some innovations in legislation in the field of tax control for the current year. The article analyzes the process of transformation of the state's control and Supervisory activities in the context of the digital economy development. The purpose of the study is to establish and identify current trends in the field of tax control on the basis of adopted and developed legislative and regulatory acts. Results. As a result of the research, it was concluded that the best practices of tax authorities ' control work formed the basis for innovations in the sphere of state control and supervision. Today, contactless technologies, expanding the scope of digital tax control, and introducing tools for preventive and operational control are promising areas. At the same time, the problem of systematization of norms on tax control remains relevant. It is noted that the legal regulation of innovative forms of tax control is in the process of formation. It is emphasized that the inevitable digitalization of control and Supervisory activities should not lead to violation of the rights, freedoms and legitimate interests of controlled persons.
The purpose of the article is to consider, using the example of the EU and Russia, potential challenges and problems of legislative regulation of green finance in the framework of the implementation of the current sustainable development agenda. Using the method of political and legal analysis, the study analyzes the current state of legal regulation and political initiatives of the Russian Federation and the EU in the field of green finance. Initially, the paper considers the legal institutionalization of green finance in the field of financial legal relations, and certain legal aspects related to environmental taxes within the framework of the green finance system. Further the work moves on to a review and analysis of EU and Russian policy along with legal and regulatory aspects in the field of green finance. The research gives reason to say that both Russia and the EU are characterized by the lack of unified definitions within the framework of green investments, which creates additional obstacles for potential investors. Of particular importance for the development of the green finance sector is the development of systems and standards for assessing the impact of green finance on the achievement of environmental goals. However, there is currently no legal institutionalization of such standards, which takes the issue beyond the scope of direct legal regulation. Russia, in order to join the global process as a full participant, needs to work out a number of issues of a legal and organizational nature, including issues of the legal nature and system of environmental payments, their administration, in particular determining the procedure for interaction with external verifiers in the framework of the green projects implementation. The lack of political motivation inhibits initiatives in the sphere, while the issues of legal regulation often undeservedly remain in the shadows. This, in turn, causes a theoretical gap, which this work intends to fill. In order to ensure sustainable development, the possibilities of international regulatory cooperation and the harmonization of legislation are becoming important. From a practical point of view, the study is of interest to both lawyers and specialists in the field of financing and investment.
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