CLASSIFICATION OF NONBANK FINANCIAL INSTITUTIONS AS A TOOL FOR IMPLEMENTATION OF THE UKRAINE ECONOMY FINANCIAL SECTOR DEVELOPMENT STRATEGY

Abstract

The article discusses classification approaches to grouping of NBFIs based on separation of similarities, which should be the basis for constructing a system of comparable indicators to assess their performance efficiency. The existing classification approaches to non-banking financial institutions showed no consensus among scientists and at the legislative and regulatory level. It was identified that the decisive criterion for selecting classification attribute for the division of NBFIs are the needs of information users.Separation of the two groups of non-bank financial institutions on the basis of kinship of services: financial and credit and insurance institutions, in order to optimize distribution of functions of financial services regulators and standardize approaches to accounting approaches to accounting and building the optimal system of financial reporting indicators as a source of decision making to implement the Strategy to reform the state regulation of non-banking financial services markets was grounded.