Legal Regulation of Corporate Governance in Credit Institutions During the Period of Unilateral Restrictive Measures of Foreign States

Cover Page

Cite item

Full Text

Open Access Open Access
Restricted Access Access granted
Restricted Access Subscription Access

Abstract

The purpose of the research. The article reveals the features of the legal regulation of corporate governance in credit institutions under the conditions of unilateral restrictive measures by foreign states. The purpose of the study is to substantiate the role of special legal regulation of corporate governance in credit institutions, taking into account the current needs of the state and its economy. The scientific novelty lies in the study of corporate governance in credit institutions during the period of sanctions against economic entities of Russia, which represents additional risks for the development of credit institutions in the long term. The author analysed the impact of sanctions on the activities of credit institutions and their corporate governance. The research uses a wide range of general scientific and private (formal legal, legal forecasting, comparative legal) research methods. To identify the features of the legal regulation of corporate governance in credit institutions, the author used the method of system analysis. The formal legal method contributed to the solution of the tasks associated with the formulation of conclusions. Results. Temporary measures of state support in the field of legal regulation of corporate governance in credit institutions are aimed at protecting national interests and ensuring the sustainability of the Russian economy. The author draws conclusions about the practice of corporate governance in credit institutions in 2022-2023, and formed recommendations for further improvement of the legal regulation of corporate governance in credit institutions in the conditions of the existence of anti-Russian unilateral restrictive measures.

Full Text

Restricted Access

About the authors

Anna N. Samokhina

Financial University under the Government of the Russian Federation

Author for correspondence.
Email: annsamohina.s@gmail.com
SPIN-code: 4567-5059

Postgraduate student

Russian Federation, Moscow

References

  1. Akimov N.A. Priority tasks of the development of corporate governance in the energy sector under sanctions // Legal Energy Forum. 2022. № 3. Pp. 40-45.
  2. Belikov I., Verbitsky V. Corporate governance, its standards and their implementation // Society and Economics. 2005. № 10-11. Pp. 113-139.
  3. Gvenetadze D.T., Shumakova A.S. Corporate governance under sanctions // Legal sciences, the rule of law and modern legislation: collection of articles of the XX International Scientific and Practical Conference, Penza, March 25, 2023. – Penza: Science and Education. 2023. Pp. 92-94.
  4. Dolinskaya V.V. Joint–stock law: basic provisions and trends. M., 2006. 736 p.
  5. Kritsky K.V. Sanctions and unilateral restrictive measures in modern international law: specialty 12.00.10 "International law; European law": abstract of the dissertation for the degree of Candidate of Legal Sciences / K.V. Kritsky - Kazan, 2021. 22 p.
  6. Lauts E.B. Legal aspects of anti-crisis regulation of the banking services market and the Institute of bankruptcy of credit organizations. M., 2018. 412 p.
  7. Lozovaya I.S. Corporate governance: the concept and basic approaches to its definition // Bulletin of the Astrakhan State Technical University. Series: Economics. 2010. № 1. Pp. 84-88.
  8. Lomakin D.V. Corporate legal relations: general theory and practice of its application in business companies. M., 2008. 511 p.
  9. Mogilevsky S.D. Management bodies of business companies: legal aspect: specialty 12.00.03 "Civil law; business law; family law; private international law": abstract of the dissertation for the degree of Doctor of Law / S.D. Mogilevsky. – M., 2006. 48 p.
  10. Morozova T.V. Civil-legal problems of implementation of corporate governance principles (on the example of JSC "Russian Railways"): specialty 12.00.03 "Civil law; business law; family law; private international law": abstract of the dissertation for the degree of Candidate of Legal Sciences / T.V. Morozova. – Samara, 2005. 24 p.
  11. Polezhaeva N.A. The main changes in corporate governance in Russia caused by sanctions // Economy and law. 2023. № 1. Pp. 46-53.
  12. Ruchkina G.F. Credit ratings of banks as an indicator of reliability (objectivity or financial market demand) // Banking law. 2020. № 6. Pp. 7-19.
  13. Sadchikov A. Regulatory balancing act // Banking Review. 2023. № 1. Pp. 12-17.
  14. Tarasenko O.A. Formation of the doctrine and legislation on legal regimes of banking activity // Bulletin of Perm University. Legal sciences. 2021. № 1. Pp. 105-132.
  15. Shelenin V.Yu. Legal regulation of corporate governance in joint–stock companies: specialty 12.00.03 "Civil law; business law; family law; private international law": abstract of the dissertation for the degree of Candidate of Legal Sciences / V.Yu. Shelenin. - M., 2005. 26 p.
  16. Corporate law: textbook / ed. by I.S. Shitkin, M., 2019. 735 p.
  17. Shuvalov I.I. Legal support of the stability of the banking system in a crisis // Journal of Russian Law. 2023. № 5. Pp. 126-139.

Supplementary files

Supplementary Files
Action
1. JATS XML

This website uses cookies

You consent to our cookies if you continue to use our website.

About Cookies