Objective factors of corruption in the exercise of the regulatory and supervisory powers by the Central Bank of the Russian Federation
Article Abstract:
The Central Bank of the Russian Federation enjoys a legal independence that puts it beyond the control and jurisdiction of the federal government agencies, and follows a legally enforced mode of conduct whereby it bears no liability to the public for the results of its regulatory activity. The legal and institutional shortcomings of the Bank are discussed, together with several suggestions on restricting factors of corruption in the Russian banking and currency regulation system.
Publication Name: Problems of Economic Transition
Subject: Economics
ISSN: 1061-1991
Year: 2004
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Objective factors of corruption in the implementation of procedures for the financial rehabilitation of firms
Article Abstract:
The ambiguities inherent in the Russian bankruptcy and insolvency machinery are quite conducive to the corruption that plagues the system. Insolvency legislation in Russia and the various factors of corruption in the implementation of the procedures of financial rehabilitation are discussed.
Publication Name: Problems of Economic Transition
Subject: Economics
ISSN: 1061-1991
Year: 2004
User Contributions:
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