Legal Regulation of Banking Supervision: Questions of Theory and Practice

Abstract

The article examines the essential features of banking supervision: one of the directions of public financial activity; implementation by a subject performing the functions of a state body (the Bank of Russia) in relation to certain entities – credit institutions; during banking supervision, compliance of the activities of supervised entities with the norms of banking legislation and acts of the Bank of Russia is assessed; has specific goals; is regulated by the norms of financial law. The definition of banking supervision is formulated and the main powers of the Bank of Russia in this area are highlighted. The practice of considering disputes in the field of banking supervision by arbitration courts is analyzed, categories of cases are identified, and a conclusion is made about the expediency of publishing a Review of the Supreme Court of the Russian Federation on the issues of dispute resolution in the field of banking supervision.