Basel Recommendations: the Questions of Realization and the Importance for Russian Banking Sector

Abstract

It is known, that nowdays, the Russian bank system stands at the problem of the adequate answer to a call of globalization. The question is could the Russian banks find their place in the new financial world. In our opinion, the knowledge and the application of the international game rules is the one of success factors, the element of competitiveness of a national bank system. That's why, the essential factor of the quality improvement of the bank regulation and supervision and, accordingly, all bank activity is the effective application of the approaches recommended by Basel committee on a bank supervision. In article the questions of realization of «Basel-2's» approaches and the importance for Russian bank sector are discussed.