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Finance and Credit
 

Normative regulation of the banking activities and the financial crisis

Vol. 15, Iss. 23, JUNE 2009

Available online: 16 September 2009

Subject Heading: Banking system

JEL Classification: 

Semenov S.K. Doctor of Economic Sciences, Associate Professor, Astrakhan State Technological University
semenov_sk@mail.ru

During the financial crisis, the role and responsibility of the state regulation of economy, in particular, monetary and credit regulation, increases. The article offers to assess the usage of banks’ mandatory economic norms as one of additional instruments of the monetary and credit policy, which is at the same time applied in the prudential bank supervision.

Keywords: bank, finances, crisis, state, regulation, supervision

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ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

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