Andrei Yu. ALEKHINAO Spetsializirovannyi Registrator “KOMPAS” (Special Registrar “KOMPAS”), Novokuznetsk, Russian Federation alehin@zao-srk.ru ORCID id: not available
Elena A. CHUVELEVAAO Spetsializirovannyi Registrator “KOMPAS” (Special Registrar “KOMPAS”), Novokuznetsk, Russian Federation chuveleva@zao-srk.ru ORCID id: not available
Subject. This article discusses the importance of diversified institutions of the financial system, linking the functionalities of the financial and real sectors of macroeconomics. Objectives. The article aims to substantiate the need for such institutions to recognize professional participants of the securities market engaged in maintaining registers of securities holders (registrars), and formulate proposals that contribute to the qualitative disclosure of the potential of registrars in this capacity. Methods. For the study, we used the methods of systems and logical analyses, and the tabulation procedure. Results. The article presents the author-developed proposals aimed at the implementation and development of the potential of registrars as diversified institutions of the financial system, capable of ensuring the development of equity investment as a factor of qualitative and quantitative growth of the real sector of the macro-economy. Conclusions and Relevance. The arguments set forth in the article regarding the need to create an institution of insurance for direct investments of citizens in the creation of new and the development of existing joint-stock companies, the need to provide individuals with the right to register on the websites of investment platforms as persons attracting investments, and other formulated proposals will form the basis for creating norms that contribute to the development of the functionality of registrars, including registrars that are operators of investment platforms, and the realization of their potential as an effective diversified institution of the financial market. The presented proposals may be in demand in the future work of the Bank of Russia, as well as in the work of all interested specialists and scientists aimed at improving the efficiency of the financial sector.
Keywords: real and financial sectors of economy, registrar, share issue registration, investment platform operator, institution building
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