Izvestiya of Saratov University.
ISSN 1994-2540 (Print)
ISSN 2542-1956 (Online)


professional (reasoned) opinion

Discretion in Enforcement Measures of Bank of Russia: Statement of the Problem

The paper analyzes the financial and legal theory and practice of risk-oriented banking supervision in view of international legal principles, justifies the right of Bank of Russia for enforcement and supervision activity with due account of discretion, which manifests itself in the right of making decisions on the basis of professional (reasoned) arguments.