World BankFuchs, Michael2013-08-202013-08-202002-090-8213-5161-3https://hdl.handle.net/10986/15225This book examines progress within Russia's financial sector and provides a road map for promoting dialogue on and implementing improvements. The book is intended to complement and support the joint strategic plan of Russia's government and Central Bank for banking reform, a plan that includes many already-implemented legislative and regulatory efforts aimed at strengthening the Russian financial sector as a whole. The authors contend that any comprehensive strategy designed to enhance trust in Russian banking will need to focus on four major themes: 1) encouraging financial intermediation by improving the legal and accounting infrastructure for financial sector development; 2) improving the current structure and performance of the banking system; 3) improving the effectiveness of bank regulation, bank restructuring, and liquidation; and 4) enhancing enterprise access to finance.en-USCC BY 3.0 IGOFINANCIAL SECTOR REFORMLEGAL FRAMEWORKBANKING SYSTEMSBANK REGULATIONBANK RESTRUCTURINGCREDITORSSECURED TRANSACTIONSENFORCEMENT POWERSINSOLVENCYDEPOSIT INSURANCEPRIVATIZATIONBANK FINANCINGCOMMERCIAL CREDITCAPITAL MARKETSSAVINGSLAW ENFORCEMENTDISCLOSURE LAWS & REGULATIONSBANK SUPERVISIONACCESS TO CREDITRISK MANAGEMENTFINANCIAL INTERMEDIATION ACCOUNTABILITYACCOUNTINGACCOUNTING STANDARDSADMINISTRATIVE ASPECTSADMINISTRATIVE PROCESSESALLOCATION OF RESOURCESASSET MANAGEMENTASSET MANAGEMENT COMPANIESASSETSAUDITINGBANK CAPITALBANK FOR INTERNATIONAL SETTLEMENTSBANK LENDINGBANK LIABILITIESBANK LICENSINGBANK LIQUIDATIONBANK MERGERSBANK PERFORMANCEBANK REGULATIONBANK RESTRUCTURINGBANKING CRISISBANKING INDUSTRYBANKING LEGISLATIONBANKING SECTORBANKING SUPERVISIONBANKING SYSTEMBANKRUPTCYBANKRUPTCY PROCEEDINGSBANKSBENCHMARKBONDSBUDGET CONSTRAINTSCAPITAL FLIGHTCAPITAL MARKETSCAPITAL REQUIREMENTSCENTRAL BANKCOMMERCIAL CREDITCONSENSUSCONSOLIDATIONCONTRACT ENFORCEMENTCORPORATE FINANCECORPORATE GOVERNANCECORPORATE INSOLVENCYDEBTDEPOSIT INSURANCEDEPOSIT INSURANCE SCHEMESDEPOSITORSDEPOSITSDEVALUATIONDEVELOPMENT BANKSDISCLOSUREECONOMIC EXPANSIONECONOMIC GROWTHECONOMIC STABILITYEMERGING MARKETSENABLING ENVIRONMENTENACTMENTEXPORTSFEDERAL GOVERNMENTFINANCIAL CRISESFINANCIAL CRISISFINANCIAL INFORMATIONFINANCIAL INSTITUTIONFINANCIAL INSTITUTIONSFINANCIAL INTERMEDIARIESFINANCIAL INTERMEDIATIONFINANCIAL MARKETSFINANCIAL REFORMFINANCIAL SECTORFINANCIAL SECTOR DEVELOPMENTFINANCIAL SECTOR REFORMFINANCIAL SERVICESFINANCIAL STRUCTURESFINANCIAL SYSTEMFINANCIAL SYSTEMSFISCALFISCAL BURDENFOREIGN BANKSFOREIGN CREDITFOREIGN ENTRYFOREIGN INVESTMENTGATTGDPGOVERNMENT AGENCIESGOVERNMENT AUTHORITIESGOVERNMENT BONDSGOVERNMENT OFFICIALSGOVERNMENT OWNERSHIPGROSS DOMESTIC PRODUCTGUIDELINESINSOLVENCYINSOLVENCY PROCEEDINGSINSOLVENCY SYSTEMINSOLVENCY SYSTEMSINSURED DEPOSITSINTERDEPENDENCEINTEREST RATEINTERNATIONAL ACCOUNTING STANDARDSJUDICIARYLACK OF TRANSPARENCYLEGAL FRAMEWORKLEGAL PROTECTIONLIQUIDATIONLIQUIDATION OF BANKSLIQUIDITYM2MACROECONOMIC STABILIZATIONMATURITIESMINISTRY OF FINANCENONPERFORMING LOANSOWNERSHIP STRUCTUREPOCKET BANKSPOLITICAL INSTABILITYPREFERENTIAL TREATMENTPRIVATE BANKSPRIVATIZATIONPROBLEM BANKSPRODUCTIVITYPROFITABILITYREGULATORY INFRASTRUCTUREREHABILITATIONREPRESENTATIVESRESOURCE ALLOCATIONSAVINGSSECURITIESSECURITIES MARKETSSHAREHOLDERSSTATE BANKSSTATE SUBSIDIESSTATE-OWNED ENTERPRISESSUBSIDIARIESSUBSIDIARYTAX ARREARSTECHNICAL ASSISTANCETRANSACTION COSTSTRANSITION ECONOMIESTRANSPARENCYVOLATILITYVULNERABILITYWORKING CAPITALWORLD TRADE ORGANIZATIONWTOWorld Bank10.1596/0-8213-5161-3