Forms and Directions of Behavioral Supervision of the Bank of Russia: Protection of the Rights of Consumers of Financial Services

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Abstract

Тhe subject of this study is the norms of Russian financial legislation and scientific sources containing information on the directions of behavioral supervision of the Bank of Russia, in particular, on the protection of the rights of consumers of financial services. The object of the study is the social relations arising during the implementation of banking supervision and behavioral supervision of the Central Bank of the Russian Federation. The author examines in detail the forms of behavioral supervision of the Central Bank of the Russian Federation, and also analyzes one of the directions of their implementation is the protection of the rights of consumers of financial services. Particular attention is paid to the forms of behavioral supervision and how they are implemented in the protection of the rights of consumers of financial services. The main conclusions of the study are the establishment of the classification of forms and directions of behavioral supervision of the Bank of Russia from a set of doctrinal views and empirical experience. The novelty of the study lies in the fact that before the author, the topic of forms and directions of behavioral supervision of the Bank of Russia was not specifically considered. The author attempts to determine the classification of forms and directions of the phenomenon stated in the topic of the article.

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About the authors

Andrei S. Litovko

Financial University under the Government of the Russian Federation

Author for correspondence.
Email: andreilitovko@yandex.ru

postgraduate student

Russian Federation, Moscow

References

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