Russian Journal of Economics and Law (Sep 2021)

Theoretical and practical aspects of forming a financial marketplace in the Russian Federation

  • A. L. Belousov

DOI
https://doi.org/10.21202/2782-2923.2021.3.413-424
Journal volume & issue
Vol. 15, no. 3
pp. 413 – 424

Abstract

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Objective: to study the processes of formation and implementation of the financial marketplace in the Russian Federation and to assess its impact on the prospects for the financial market development in general.Methods: logical and structural analysis, system-functional approach, formal-legal method.Results: the author reveals the essence and features of a new phenomenon in modern economic life - the financial marketplace. The study provides a complete description of the legal framework currently being formed, which regulates the creation and functioning of financial marketplaces. The article considers both the foreign experience of implementing and operating such platforms, and the prospects for the financial marketplace development in the Russian Federation.Scientific novelty: it consists in the complex nature of the study of relations associated with the financial marketplace creation and functioning. A distinctive feature of this work is the attention paid to both economic and legal issues of the financial marketplace formation and launch.Practical significance: it consists in the formation of a theoretical basis necessary both for studying the financial marketplace and developing proposals for the future adjusting the regulatory framework in this area.

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