International legal regulation of control over the securities market
( Pp. 30-35)

More about authors
Rita A. Toria Dr. Sci. (Law), Professor of the Department of State and Legal Disciplines of the Higher School of Jurisprudence of the IGSiU, Presidential Academy Russian Academy of National Economy and Public Administration
Russian Presidential Academy of National Economy and Public Administration
Moscow, Russian Federation Hasanov Nail A. Consultant of KPMG Tax and Legal Consulting Department
Audit company of the Big Four «KPMG»
Moscow, Russian Federation
Abstract:
This article considers issues of international legal regulation of control over the securities market. The securities market is currently growing rapidly. At the same time, the issue of the most effective performance of financial control by the state is being updated. Since the securities market is of a clearly expressed international nature, it seems necessary to unite the countries represented by their supervisory bodies in order to improve financial control on the part of the state. The purpose of this work is to disclose the role of international bodies in regulating control over the securities market. The subject of this study is international standards and principles established by international organizations governing the securities market. The authors have disclosed the role of the main international organizations in the area of regulation of control over the securities market. Particular attention was paid to IOSCO, its principles and standards. This article also analyzed the statistics of the Bank of Russia and the IMF report on the assessment of the Russian financial sector. This work systematized information on various international organizations and their regulatory acts.
How to Cite:
Rita A.T., Hasanov N.A., (2022), INTERNATIONAL LEGAL REGULATION OF CONTROL OVER THE SECURITIES MARKET. Economic Problems and Legal Practice, 1 => 30-35.
Reference list:
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IOSCO «the Purposes and Principles of market regulation securities» June 2010 // URL: http://www.iosco.org/library/pubdocs/pdf/IOSCOPD323.pdf (date accessed: 16.10.2021).
LaPorta, Rafael, Florencio Lopez-de-Silanes, and Andrei Shleifer, 2003, What Works in Securities Law , NBER Working Paper 9882 (Cambridge, Massachusetts, National Bureau of Economic Research).
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Keywords:
IOSCO, financial control, international organizations, IOSCO, securities market, Bank of Russia, regulatory principles, international standards.


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