Open AccessTypes of Non-Banking Financial Institutions
Author(s) -
V. V. Chistyukhin
Publication year - 2021
Publication title -
aktualʹnye problemy rossijskogo prava
Language(s) - English
Resource type - Journals
eISSN - 2782-1862
pISSN - 1994-1471
DOI - 10.17803/1994-1471.2021.132.11.032-041
Subject(s) - position (finance) , business , financial services , finance , financial regulation , meaning (existential) , element (criminal law) , financial market , inter dealer broker , accounting management , indirect finance , accounting , financial system , political science , psychology , accounting information system , law , psychotherapist
The paper is devoted to the study of the types of non-banking financial organizations. A classification is an integral part of scientific knowledge, which allows us to visually demonstrate the inner content of the category under consideration and identify the features of each element of the analyzed concept. The research issue of the paper is predetermined by the lack of legal division between non-banking financial organizations. The classification given in the paper, according to the author, on the one hand, most fully reflects the range of financial services provided by non-banking financial institutions, and, on the other hand, allows differentiating the roles that separate non-banking financial institutions play in the organization and functioning of the financial market. The latter is important for determining the specifics of legal regulation of different groups of non-banking financial organizations, since each of them has a different meaning for ensuring the stability and sustainability of the financial market. The paper reflects the author’s position concerning the definition of the concept of "non-banking financial organizations" and the place of individuals providing professional services in the financial market in the system of financial organizations.