Abstract
The authors analyze the institutional and functional contradictions and imbalances of the modern global financial architecture (GFA) that exist at the national and international levels and are connected with the activities of various organizations (mainly financial and credit ones). The authors conclude that improving the efficiency of the GFA will largely depend on the combined efforts of national and supranational regulators aimed, if not at radically eliminating the various contradictions accumulated over many years, then at least at their maximum possible mitigation in order to ensure the stability of the global finance.
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