Evaluation of the effectiveness of modern models of regulation of financial markets

Isaeva E.A.1, Leshchenko J.G.2
1 Moscow Financial and Industrial University "SYNERGY", Russia
2 Institute of Economics RAS, Russia

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Journal paper

Creative Economy (РИНЦ, ВАК)
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Volume 13, Number 10 (October 2019)

Citation:

Isaeva, E. A., & Leschenko, Y. G. (2019). Evaluation of the effectiveness of modern models of regulation of financial markets. Creative Economy, 13(10), 2045-2066. https://doi.org/10.18334/ce.13.10.40967

Indexed in Russian Science Citation Index: https://elibrary.ru/item.asp?id=41311097
Cited: 26 by 07.12.2023

Abstract:
The article touches upon the problem of regulation of modern financial markets. The authors consider the models of regulation of financial markets used in world practice: institutional by the example of China, integrated by the example of Germany, functional by the example of France, and the Twin Peaks model by the example of Australia. The advantages and disadvantages of each of them are identified. For clarity, indicators of the functioning and regulation of the financial markets of the countries studied are given. Particular attention is paid to improving the effectiveness of financial regulation models.

Keywords: efficiency, functional model, regulation, regulator, institutional model, integrated model, Twin Peaks

JEL-classification: G18, G10, G17, G19

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  The Australian model of financial market regulation (Лещенко Ю.Г., Ермоловская О.Ю. и др.) Journal of International Economic Affairs. Num. 1 / 2020

. (Ageev V...) Global Markets and Financial Engineering. Num. / 2015

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