Myakenkaya, M.A. Specific features of legal regulation of emission of shares, when Russian banks are established

Abstract: Since 2005 till current time only six credit organizations were registered in the Russian Federation. The lowering of quantity of the newly created credit organizations, namely banks, is due to a number of reasons. One reason is tight control of the Savings Bank of Russia, and other state bodies and federal agencies, all of which require a lot of reporting. At the same time there is a tendency to enlarge authorized capital stock of existing banks, rather than to form new banks…