Conceptual Approaches to Assessing the Quality of the External Control System of a Credit Institution: Russian and Foreign Experience

Abstract

The article uses basic and innovative approaches to assessing the quality of the external control system, as well as an analysis of Russian and foreign experience within credit institutions. The main features of external control and its differences from internal control are considered. For a more accurate study, the peculiarities of assessing the quality of the external control system are revealed. The comparative characteristics will allow to reveal in more detail and in-depth approaches to assessing the quality of the external control system on the example of Russian and foreign experience. The purpose of the study is to identify the main approaches to assessing the quality of the external control system. Analytical components of external control of a credit institution will allow for more detailed and correct application of these aspects in practice. External and internal control are supported by regulatory legal acts that regulate the features and factors of application. This article also reveals the existing problems with approaches to assessing the quality of the external control system both in Russia and abroad. The identification of these problems will allow you to quickly identify solutions, which, in turn, will determine a more efficient conduct of the activities of a credit institution.