Bura V. Regulation and supervision of systemically important banks

The essence of systemically important banks in view of reasons, conditions and consequences has been disclosed. The understanding of concepts of ‘regulating systemically important banks’ and ‘supervision of systemically important banks’ in terms of integrated risk-based approach has been defined. The classification of systemically important banks by introducing a new feature ‘the current’ has been expanded. According to this feature actual and potential systemically important banks has been defined. The clause about regulation and supervision of systemically important banks by harmonious combination of risk-based regulation and supervision with anti-monopoly regulation has been deepened. This view intensifies the requirements to recognizing a position of some bank on market as monopolistic and reinforces a competition between banks. The methods of identifying of systemically important banks, taking into account the recommendations of the Basel Committee and specialty functioning national banking market, has been improved. The structure and the content of the recovery plan of these banks has been developed. The substantiated complex of measures for the settlement of problem activity of systemically important banks without involvement of state budget funds has been justified. The methodological foundations of clustering of the business models of banks have been improved, the main types have been defined. The conceptual bases of supervisory behavior of the central bank have been developed. The introduction of these substantiation will help to deepen their business model viability analysis and to improve the effective preventive regulatory actions aimed at preventing the bankruptcy of systemically important banks.