Abstract
Today, the scope of anti-crisis management is growing rapidly, due to the instability of the economic and political situation in the country. This article discusses the current situation with the institution of bankruptcy in the Russian Federation. The beginning of the article highlights the history of the institution of bankruptcy in Russia and studies the stages of changes in the legal framework in this area. As a result of the analysis of existing legislation, a number of deficiencies are identified and they do not allow self-regulatory organizations of arbitration managers and its members (arbitration managers) to carry out their work effectively. After identifying weaknesses in this area, the article offers the ways to address these problems and shortcomings, including amendments to the Russian legislation on (insolvency) bankruptcy, by which largely the effectiveness of self-regulatory organizations of arbitration managers can be enhanced. Adoption of these changes in the article will help to improve the activities of the institution of bankruptcy.
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