Abstract

The Russian Federation has formed the foundation for the full implementation of Basel III recommendations in the Russian banking system. However, this process is not yet complete, due to both subjective and objective reasons. The article analyzes the objective reasons for the postponement of the full implementation of the Basel III principles due to the COVID-19 pandemic. The features of the introduction into Russian practice of procedures and approaches for calculating the indicator and ratio of short-term liquidity, as well as assessing operational risks. On the basis of the analysis carried out, recommendations for improving banking legislation are given.

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