Kholodylova A. Regulation and supervision of non-bank lending activities

Disclosed theoretical and practical aspects and develops scientific and methodical approaches to the process of regulation and supervision of the activities of non-bank lending institutions. The dissertation reveals theoretical and practical aspects and develops scientific and methodical approaches to the process of regulation and supervision of the activities of non-bank lending institutions. In the course of the study, the essence and content of the concept of "financial intermediation. The grouping of credit unions has been specified, which was carried out on the basis of a correlation analysis of the main indicators of their activities, which allowed to distinguish three groups of unions in two main features. The definition of the essence of the notion "non-bank credit institution" is specified. Based on the process of formation and development of non-bank lending institutions during the years of Ukrainian independence, seven stages, their chronological framework, characteristics and features are distinguished. The main problems of imperfect regulation process of NKU are determined and the main directions of their solution are substantiated. The methodological approaches to the assessment of the efficiency of regulation and supervision of the activities of non-bank lending institutions are proposed based on the introduction of a system of indicators for the assessment of regulatory measures and procedures, the development of a set of organizational and managerial approaches to consistency and the organization of inspections, the definition of the list of necessary documents and the control over the implementation of the decisions, which will facilitate the adaptation of the system of regulation and supervision of the activities of non-bank lending institutions bottom to the terms of reforming the system of regulation of the financial sector of Ukraine. Based on the world-wide experience in regulating and supervising non-bank lending institutions, a scientific and methodological approach to the creation and organization of activities in Ukraine of the financial ombudsman service has been developed. It is proposed to introduce in the activity of credit unions a new standard of economic activity – the coefficient of liquidity coverage (LCR), the practical use of which will contribute to an adequate assessment and increase the level of risk management of liquidity of credit unions. The methodological principles of regulation and supervision of activities of non-bank lending institutions are grounded on the basis of improving the organizational and institutional principles of their functioning, as well as increasing the level of political, operational and financial independence of the state regulator, which regulates and supervises the activities of non-bank lending institutions, based on the need for concentration of regulatory and supervisory functions that, unlike existing approaches, allow for the implementation of a comprehensive regulatory approach to implementation. rum of its functions, taking into account the peculiarities of the activity of individual non-bank lending institutions. The systematic use of the developed recommendations and proposals for improving the regulation and supervision of the activities of non-bank credit institutions will enhance the regulatory capacity of the National Financial Services Commission, the effective functioning of the financial sector and the maintenance of the stability of the entire financial system of Ukraine, which will ultimately ensure financial stability and sustained growth of the domestic economy.