title: Regulation of broking activities based on assessment of its risks
metadata.name: dc.contributor.author
metadata.value: Biktashev, Ainur A.
metadata.lang: -
metadata.name: dc.date.accessioned
metadata.value: 2022-03-04T12:22:45Z
metadata.lang: -
metadata.name: dc.date.available
metadata.value: 2022-03-04T12:22:45Z
metadata.lang: -
metadata.name: dc.date.issued
metadata.value: 2021-12
metadata.lang: -
metadata.name: dc.identifier.citation
metadata.value: Biktashev A. A. (2021) Regulation of broking activities based on assessment of its risks. St Petersburg University Journal of Economic Studies, vol. 37, iss. 4, pp. 546–569.
metadata.lang: en_GB
metadata.name: dc.identifier.other
metadata.value: https://doi.org/10.21638/spbu05.2021.402
metadata.lang: -
metadata.name: dc.identifier.uri
metadata.value: http://hdl.handle.net/11701/35460
metadata.lang: -
metadata.name: dc.description.abstract
metadata.value: Risk-oriented regulation of brokers is considered in the article. Its implementation helps to
  improve the quality of regulation and the development of the economy. Risk-based regulation
  of brokers in theory and practice faces the problem of a lack of indicators and risk assessment
  system. Therefore, the purpose of the work is to develop proposals for assessing the risks of
  brokers in regulation. The theoretical substantiation of the study is the approaches of smart
  and risk-oriented regulation. The method of comparative analysis, methods of description
  and interpretation, statistical analysis were used. The article identifies risk factors and their
  indicators based on the analysis of research, foreign and Russian regulatory experience. These
  indicators are divided into dynamic and constant. The study verifies, using binary logistic regressions,
  the actual impact of the developed indicators on the work of brokers. Thresholds are
  defined for dynamic metrics. Exceeding the threshold value indicates an increase in the risks
  of the broker’s activities. The paper establishes significant indicators and develops a broker risk
  assessment model. The analysis revealed that some of the current standards do not affect the
  risks of brokers. Indicators and methods for calculating brokers’ risks can be used by regulators,
  and the methodology for their development can be applied in other areas.
metadata.lang: en_GB
metadata.name: dc.language.iso
metadata.value: ru
metadata.lang: en_GB
metadata.name: dc.publisher
metadata.value: St Petersburg State University
metadata.lang: en_GB
metadata.name: dc.relation.ispartofseries
metadata.value: St Petersburg University Journal of Economic Studies;Volume 37; Issue 4
metadata.lang: -
metadata.name: dc.subject
metadata.value: brokerage regulation
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: brokerage risks-management
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: risks-based regulation tools
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: proportional regulation
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: risks-based approach
metadata.lang: en_GB
metadata.name: dc.title
metadata.value: Regulation of broking activities based on assessment of its risks
metadata.lang: en_GB
metadata.name: dc.type
metadata.value: Article
metadata.lang: en_GB
resources.filename: 546-569.pdf
resources.url: https://dspace.spbu.ru/bitstream/11701/35460/1/546-569.pdf
resources.format: Adobe PDF
resources.size: 763,92 kB